# Penmark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/penmark

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://corp.penmark.jp
- Total disclosed funding: $8.1M
- Latest round: Series B (Jul 12, 2022)
- Investors on record: 1

## About

Penmark Inc. is a digital marketing and brand management company that provides advanced analytics and solutions to enhance customer engagement and optimize marketing strategies for businesses.Founded in 2018 in Tokyo, Japan, Penmark Inc. specializes in digital marketing solutions and has undergone strategic pivots to enhance its service offerings. The company raised JPY 410 million in Series B funding on July 12, 2022, from Maezawa Fund, bringing its total funding to JPY 410 million with a current valuation of USD 2047.56 mn. The company has executed a total of 3 deals.Penmark Inc. specializes in innovative solutions within digital marketing and brand management. Their core offerings include advanced analytics platforms that provide real-time consumer behavior insights, as well as tools for social media engagement. These products address market saturation and consumer disengagement challenges, targeting small to medium-sized enterprises (SMEs) across various industries, particularly in North America and Asia.Penmark Inc. generates revenue through subscription-based services and partnerships with businesses. Clients subscribe to multi-tier plans for access to digital marketing tools tailored to their needs. Additionally, Penmark collaborates with retail partners for joint marketing campaigns, diversifying its revenue. Its flagship analytics platform significantly contributes to the company’s financial model, ensuring accessibility for various business sizes while driving revenue growth.Penmark Inc. plans to use the JPY 410 million raised in Series B financing to strengthen its organizational structure, enhance its services, and expand market share. The company aims to launch new products designed to further improve marketing strategies and is targeting market expansion into new regions, specifically in Asia and North America, by the end of 2023.

## Funding rounds

- Series B, Jul 12, 2022, $3M — Maezawa Fund
- Series A, Jan 1, 2021, $5.1M — Maezawa Fund

## Investors

- Maezawa Fund (https://capitalatlas.ai/funds/maezawa-fund) — Series A, Series B