# Recept Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/recept-co

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.recept.earth/
- Latest round: Seed (Aug 28, 2024)
- Investors on record: 2

## About

Established in 2024 and based in Tokyo, Japan, Recept Co., Ltd. specializes in decentralized identity (DID) and verifiable credentials (VC) technology for digital identity management. In August 2024, Recept Inc. raised seed funding from Gazelle Capital and United. As of 2024, the company is led by its CEO, Masatake Nakase.

The company develops its product, Proovy, which is a smartphone app that allows users to manage digital certificates and verify their identity, offering both convenience and security. Proovy provides a new standard in data management built on Decentralized Identifiers (DID) and Verifiable Credentials (VC) technology. In addition, Recept offers Gaku Navi, which is a digital student ID app that utilizes the DID/VC platform to enhance the educational experience for both students and institutions.

The organization plans to use the August 2024 funding to cover development costs for its products, including the DID/VC platform Proovy for issuance and verification, a digital ID wallet, and the Gaku Navi digital student ID service, which aims to streamline student procedures and enhance privacy protection.

## Funding rounds

- Seed, Aug 28, 2024 — UNITED, inc., Gazelle Capital

## Investors

- UNITED, inc. — Seed
- Gazelle Capital (https://capitalatlas.ai/funds/gazelle-capital) — Seed