# Star Festival

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/star-festival

- Industry: Logistics & Distribution
- Headquarters: Tokyo, Japan
- Website: www.stafes.co.jp
- Total disclosed funding: $12M
- Latest round: Series D (Jul 24, 2017)
- Investors on record: 7

## About

Based in Japan, Star Festival Inc. operates as a facilitator for restaurants transitioning into e-commerce and delivery services, providing essential tools and support for operational efficiency.Star Festival Inc. was founded in 2009 and is headquartered in Tokyo, Japan. The company specializes in supporting restaurants in entering the e-commerce and delivery markets. Over its journey, Star Festival has successfully completed six deals, with the most recent funding round being SERIES D, which raised JPY 1,049 mn in February 2019. Notable investors in this round included Credit Saison, Dentsu Innovation Partners, and East Japan Railway Company. The company's current valuation stands at JPY 17,105.294 mn.Star Festival Inc. specializes in providing comprehensive support for restaurants aiming to enter the e-commerce and delivery markets. The company's core offerings include solutions for order processing, payment handling, product development support, website creation, and logistics management. Their flagship products, such as 'Gochikuru,' 'Shashokuru,' and 'Omakase Catering Dish,' are designed to enable restaurants to efficiently manage food delivery and catering operations, ultimately enhancing their revenue opportunities. Star Festival serves a diverse customer base, including restaurants and food service partners across metropolitan regions such as Tokyo and Osaka, adapting their services to meet the specific needs of these urban markets.Star Festival's revenue for the most recent year, 2018, was JPY 32,753,635.8. The company's revenue model is driven by various transaction structures tailored to their client base, which includes both B2B and direct-to-consumer sales. They generate income through partnerships with restaurants and food service providers, facilitating order processing and payment transactions for a fee. Their services encompass both subscription models and commission-based structures, allowing clients to leverage their platforms for enhanced delivery and catering solutions.Star Festival Inc. plans to leverage recent funding to enhance its product offerings and expand into new markets. Following the latest funding round in February 2019, the company is focusing on developing new products aimed at streamlining operational processes for restaurants. Specific geographical expansion plans have yet to be disclosed, but the company is expected to target additional metropolitan areas in Japan by 2021. The funds raised will support the development of these new products and the expansion into prospective markets.

## Funding rounds

- Series D, Jul 24, 2017, $9.4M — Dentsu Innovation Partners, Mizuho Capital, Credit Saison, East Japan Railway Company, Kikkoman
- Series B, Aug 23, 2012, $2.5M — Globis Capital Partners, STRIVE

## Investors

- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series B
- STRIVE (https://capitalatlas.ai/funds/strive) — Series B
- Dentsu Innovation Partners (https://capitalatlas.ai/funds/dentsu-innovation-partners) — Series D
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series D
- Credit Saison — Series D
- East Japan Railway Company — Series D
- Kikkoman — Series D