# Studyplus

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.studyplus.jp
- Total disclosed funding: $14M
- Latest round: Series D (Aug 24, 2022)
- Investors on record: 14

## About

A Japanese company specializing in educational technology, Studyplus, Inc. focuses on developing tools that enhance student learning experiences through effective study management and progress tracking features.Founded in 2010, Studyplus, Inc. is located in Tokyo, Japan, and creates educational technology solutions designed to assist students in managing their learning. The company has successfully completed 8 funding deals, with the most recent being a Series D round in August 2022, where they raised JPY 474 million from investors including Fidelity International, Regional Economy Vitalization Corporation of Japan (REVIC), and Zoshinkai Holdings. The total amount raised by Studyplus to date is JPY 474 million, with a current company valuation of JPY 5,515.389 million.Studyplus specializes in educational technology solutions designed to enhance the learning experience for students. The company’s core product offerings include a study management application that allows users to track their study habits, set goals, and monitor progress over time. Released to address the growing demand for personalized learning tools, the app serves a diverse client base, primarily consisting of students in secondary and higher education who seek to improve their academic performance. The platform also caters to educational institutions looking to integrate digital tools into their curricula. Geographically, Studyplus is marketed primarily in Japan, with expansion efforts underway in other Asian markets, focusing on regions with a high concentration of tech-savvy students and institutions.Studyplus generates revenue through a combination of subscription models and partnerships with educational institutions. The primary transaction structure is a monthly or yearly subscription fee charged to individual users for premium features, which may include advanced analytics, personalized learning resources, and additional storage for study materials. Educational institutions can also enter into partnership agreements that provide them with customized access to the platform for their students, potentially enhancing classroom engagement and performance tracking. The revenue model emphasizes direct consumer engagement through individual subscriptions while simultaneously fostering B2B relationships with schools and universities, ensuring a diversified income stream. Specific pricing plans and flagship product details contribute to the overall financial health of the company.In August 2022, Studyplus, Inc. raised JPY 53 million in Series D financing to enhance the features of its software products and support recruitment and marketing activities. The company is planning to launch new product features aimed at improving the user experience in the coming year. Additionally, Studyplus intends to expand its market presence beyond Japan into other Asian regions where there is a significant base of tech-savvy students and educational institutions.

## Funding rounds

- Series D, Aug 24, 2022, $3.5M — Regional Economy Vitalization Corporation of Japan (REVIC), Zoshinkai Holdings, Fidelity International
- Series C, Jan 20, 2020, $6.3M — Mizuho Capital, Yokohama Capital, Senshu Ikeda Capital, Regional Economy Vitalization Corporation of Japan (REVIC), Seibu Shinkin Capital, Obunsha Ventures, Hakuhodo DY Ventures, Zoshinkai Holdings, NSG Holdings, Shinkoshuppansha Keirinkan Co,Ltd.
- Series B, May 9, 2018, $4.6M — DBJ Capital, Spiral Capital, i Mercury Capital

## Investors

- DBJ Capital (https://capitalatlas.ai/funds/dbj-capital) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- i Mercury Capital (https://capitalatlas.ai/funds/i-mercury-capital) — Series B
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C
- Yokohama Capital (https://capitalatlas.ai/funds/yokohama-capital) — Series C
- Senshu Ikeda Capital (https://capitalatlas.ai/funds/senshu-ikeda-capital) — Series C
- Regional Economy Vitalization Corporation of Japan (REVIC) — Series C, Series D
- Seibu Shinkin Capital (https://capitalatlas.ai/funds/seibu-shinkin-capital) — Series C
- Obunsha Ventures (https://capitalatlas.ai/funds/obunsha-ventures) — Series C
- Hakuhodo DY Ventures (https://capitalatlas.ai/funds/hakuhodo-dy-ventures) — Series C
- Zoshinkai Holdings — Series C, Series D
- NSG Holdings — Series C
- Shinkoshuppansha Keirinkan Co,Ltd. — Series C
- Fidelity International — Series D