# Sumutasu

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

- Industry: Real Estate Development & Operating Companies
- Headquarters: Tokyo, Japan
- Website: https://sumutasu.jp
- Total disclosed funding: $22M
- Latest round: Series C (Dec 27, 2023)
- Investors on record: 7

## About

Founded in 2018 and based in Tokyo, Japan, Sumutasu Inc. is a real estate technology company. In August 2024, Sumutasu Inc. raised JPY 2.2 billion in venture debt financing from Mizuho Bank, UPSIDER Capital, and Funds Startups. As of 2024, the company is led by its CEO, Takahiro Kado.

Sumutasu offers an online real estate platform that streamlines the real estate process. The company’s product line includes Selling Sumutasu, which provides instant property valuations using artificial intelligence, giving sellers an accurate estimate of their property's worth; and Sumutas Direct Sales, an online platform that enables sellers to sell their properties directly to buyers, eliminating the need for traditional real estate agents and associated fees.

The company plans to utilize the August 2024 funding raised to secure the funds necessary to operate and expand the business.

## Funding rounds

- Series C, Dec 27, 2023, $9.2M — Mobile Internet Capital, Global Brain, Coral Capital
- Series B, May 16, 2022, $7.7M — Mobile Internet Capital, Global Brain, Mercuria Investment, World Innovation Lab, Kiraboshi Capital, Carta Ventures
- Series A, Feb 4, 2020, $4.1M — World Innovation Lab
- Seed, Oct 9, 2018, $0.4M — Coral Capital

## Investors

- Coral Capital — Seed, Series C
- World Innovation Lab — Series A, Series B
- Mobile Internet Capital (https://capitalatlas.ai/funds/mobile-internet-capital) — Series B, Series C
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series B, Series C
- Mercuria Investment (https://capitalatlas.ai/funds/mercuria-investment) — Series B
- Kiraboshi Capital (https://capitalatlas.ai/funds/kiraboshi-capital) — Series B
- Carta Ventures (https://capitalatlas.ai/funds/carta-ventures) — Series B