# redfox

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.redfox.co.jp
- Total disclosed funding: $4.3M
- Latest round: Series A (Aug 6, 2021)
- Investors on record: 5

## About

Redfox, Inc. specializes in developing innovative sales activity management solutions tailored for deskless workers. Their flagship product enhances productivity and communication for professionals in various industries, particularly in Japan.Founded in 1989 and headquartered in Tokyo, Japan, Redfox, Inc. focuses on providing sales activity management applications. The company underwent a strategic pivot in 2012 with the launch of 'cyzen', succeeding its predecessor GPS Punch!. Notably, Redfox secured JPY 50 million in Series A funding from Hokkaido Venture Capital on August 6, 2021, bringing the total amount raised to JPY 50 million and achieving a current valuation of JPY 3,270.617 million.Redfox, Inc. is the developer and provider of 'cyzen', a smartphone-based sales activity management application designed specifically for deskless workers, such as field workers and other professionals operating outside of traditional office environments. Launched in 2012, with its predecessor being GPS Punch!, this application enables users to streamline their workflow by integrating various functions necessary for managing sales activities efficiently. The core offerings of cyzen include real-time data entry, task management, and communication features, all of which aim to enhance productivity and operational effectiveness for users. Targeting a diverse clientele, Redfox serves industries including construction, logistics, and hospitality, among others. The application is designed to cater to the needs of customers in Japan, while also expanding its reach to various international markets.Redfox generates revenue primarily through subscriptions for its cyzen application, which is structured to cater to both small and medium-sized enterprises as well as larger corporations. Clients typically engage in annual subscription agreements that provide access to the software, with pricing tiers available based on the number of users and additional features required. The company focuses on B2B transactions, particularly targeting organizations that require robust solutions for managing their field operations efficiently. By offering tailored packages and continuous updates to enhance user experience, Redfox ensures a steady stream of revenue from its client base, fostering long-term relationships that maintain customer loyalty.With the JPY 50 million raised in Series A funding, Redfox, Inc. aims to develop new functions for 'cyzen' and strengthen its sales alliance with Hokkaido Bank. The company plans to promote the digital transformation (DX) of local businesses in Hokkaido, targeting the introduction of its services to 100 companies by the end of the year. This initiative is part of a broader strategy to enhance productivity in Japanese society by collaborating with regional financial institutions.

## Funding rounds

- Series A, Aug 6, 2021, $0.5M — Hokkaido Venture Capital
- Series A, Jun 30, 2021, $3.9M — WM Partners, Seibu Shinkin Capital, CAC CAPITAL, Nanto Capital Partners

## Investors

- WM Partners — Series A
- Seibu Shinkin Capital (https://capitalatlas.ai/funds/seibu-shinkin-capital) — Series A
- CAC CAPITAL (https://capitalatlas.ai/funds/cac-capital) — Series A
- Nanto Capital Partners (https://capitalatlas.ai/funds/nanto-capital-partners) — Series A
- Hokkaido Venture Capital (https://capitalatlas.ai/funds/hokkaido-venture-capital) — Series A