# Shuumatsuworker

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.shuuumatu-worker.jp/
- Total disclosed funding: $1.6M
- Latest round: Series A (Aug 30, 2019)
- Investors on record: 3

## About

Based in Japan, Shuumatsuworker, Inc. engages professionals in freelance work, connecting engineers, designers, and marketers with diverse project opportunities while providing essential support and resources to enhance their skills and earnings.Shuumatsuworker, Inc. operates a platform that facilitates freelance work for skilled professionals. Founded in 2016 and headquartered in Tokyo, Japan, the company has completed a total of 6 deals. The latest funding round, a TRADE SALE, occurred on March 28, 2023, in which CrowdWorks, Inc. agreed to acquire Shuumatsuworker, Inc. for JPY 1.1 billion. The acquisition is expected to finalize in April 2023.Shuumatsuworker specializes in providing a platform for freelance professionals, specifically targeting engineers, designers, and marketers seeking side projects or multiple income streams. The company offers a variety of remote work opportunities, facilitating the connection between skilled individuals and businesses requiring their expertise. Core services include project matching, tax support through dedicated advisors, and access to a community for skill development and networking. The platform is designed for users to engage in work ranging from part-time hours, such as 10 hours a week, to more extensive commitments. Shuumatsuworker primarily caters to the Japanese market, although the nature of remote work allows for clients and freelancers from various geographical locations to participate in their projects.Shuumatsuworker generates revenue through a commission-based model, earning fees from businesses that hire freelancers through their services. Transactions occur as companies post available projects on the platform, which are then matched with registered freelancers based on skillset and availability. Revenue is derived from the successful placement of professionals in projects, with companies potentially paying a percentage of the project fees or a fixed charge per engagement. The pricing structure supports diverse opportunities, with reported monthly earnings for various roles indicating competitive compensation rates, enhancing the appeal to both freelancers and companies looking to outsource specific tasks. The platform's business model effectively enables a seamless connection between service providers and clients, driving revenue through increased project placements.Following the acquisition by CrowdWorks, Inc., Shuumatsuworker plans to enhance its platform capabilities and expand its service offerings. The company aims to introduce new tools designed to improve user experience and project management efficiency. Additionally, there are plans to enter new markets in Southeast Asia by 2024, leveraging the growing demand for freelance services in the region. The recent funding from the TRADE SALE will be utilized to support these initiatives, allowing for investment in technology upgrades and marketing efforts to facilitate its expansion.

## Funding rounds

- Series A, Aug 30, 2019, $1.2M — Kiraboshi Capital
- Seed, May 10, 2018, $0.4M — CyberAgent Capital, ANOBAKA

## Investors

- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- ANOBAKA (https://capitalatlas.ai/funds/anobaka) — Seed
- Kiraboshi Capital (https://capitalatlas.ai/funds/kiraboshi-capital) — Series A