# TENT

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

- Industry: Retail
- Headquarters: Tokyo, Japan
- Website: www.tent-inc.jp
- Total disclosed funding: $2.2M
- Latest round: Series A (May 19, 2023)
- Investors on record: 6

## About

Based in Tokyo, TENT Inc. operates a cloud-based rental and subscription platform known as ShareEase, facilitating efficient rental management for businesses and consumers alike.TENT Inc. provides a cloud-based rental and subscription platform that helps streamline rental operations. Founded in 2017 in Tokyo, Japan, the company has completed five deals. Its recent funding round, a Series A, raised JPY 170.000 mn on 22 October 2024, led by Spiral Capital, with participation from CBC Corporation and Hokuhoku Capital. The total amount raised by the company is JPY 170.000 mn, and its current valuation stands at JPY 1,489.312 mn. Peter Dypevaag serves as the CEO.TENT, Inc. provides a comprehensive suite of services centered around a cloud-based rental and subscription platform, branded as ShareEase. This platform enables retailers and manufacturers to manage rental and subscription operations efficiently, featuring inventory management systems that utilize RFID and QR code scanning. TENT supports various industries, offering solutions for both individual consumers and businesses, including outdoor equipment, beauty appliances, and machinery rentals, addressing challenges in inventory management and logistics in Japan.TENT, Inc. generates revenue primarily through subscription fees and service agreements linked to its rental platform and inventory management solutions. The transaction structure typically involves B2B partnerships with retail and manufacturing clients subscribing to the ShareEase platform, with clients paying monthly or annual fees based on the services used. The company also provides ancillary services, including fulfillment and maintenance for rental businesses, with pricing plans tailored to accommodate the diverse needs of enterprises.In October 2024, TENT Inc. raised an undisclosed amount in venture debt financing as part of a larger JPY 360 million equity and debt financing. The funding will be utilized to enhance the management structure and support business growth. The company is focused on launching new products and expanding into new markets, although specific details on these products and targeted regions have not been disclosed.

## Funding rounds

- Series A, May 19, 2023, $1.2M — Spiral Capital, CBC Corporation, Hokuhoku Capital
- Series A, Apr 22, 2021, $1M — Saison Ventures, JR East Start Up, 15th Rock

## Investors

- Saison Ventures (https://capitalatlas.ai/funds/saison-ventures) — Series A
- JR East Start Up (https://capitalatlas.ai/funds/jr-east-start-up) — Series A
- 15th Rock (https://capitalatlas.ai/funds/15th-rock) — Series A
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series A
- CBC Corporation — Series A
- Hokuhoku Capital (https://capitalatlas.ai/funds/hokuhoku-capital) — Series A