# Third

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://third-inc.co.jp
- Total disclosed funding: $19M
- Latest round: Series B (Aug 31, 2022)
- Investors on record: 7

## About

Based in Japan, Third Inc. develops innovative products and services that enhance efficiency across various sectors, catering to both consumer and industrial needs.Third Inc. is a Tokyo-based company founded in 2015, specializing in the development of advanced technological solutions. The founders, Javier Gomez and Stefan Schreck, established the company to address specific market challenges. The company has completed 2 notable deals, with the most recent funding round occurring on August 31, 2022. In this Series B round, Third Inc. raised a total of JPY 2.6 billion from prominent investors, including JAFCO Group. The company’s current valuation is approximately JPY 8.55 billion.Third Inc. specializes in a diverse range of products that cater to both consumer and industrial needs. They focus on innovative solutions designed to enhance efficiency and functionality, addressing specific challenges in both technology-driven applications and traditional manufacturing. Their offerings are utilized across various industries, serving a broad clientele that includes both large enterprises and small businesses, with a strong market presence in North America, Europe, and parts of Asia.The company's revenue model includes direct-to-consumer sales and B2B partnerships, allowing clients to engage in subscriptions or purchase individual products. Flagship products are recognized for their quality and innovation, forming the cornerstone of revenue generation across various industries. This flexible transactional approach ensures a steady revenue stream and fosters strong relationships with retailers and wholesalers, broadening market access to their products.Following the Series B financing in August 2022, which raised JPY 2.6 billion, Third Inc. plans to utilize these funds to strengthen product development, bolster recruitment, and expand its business operations. The company is focused on launching new products designed to meet evolving market needs. Additionally, Third Inc. aims to expand its geographical presence into new markets, although specific regions and timelines for this expansion have not been detailed.

## Funding rounds

- Series B, Aug 31, 2022, $19M — JAFCO Group, SBI Investment, Spiral Capital, DG Daiwa Ventures, Tokyu Fudosan Holdings, Digital Garage, DG Incubation

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- DG Daiwa Ventures (https://capitalatlas.ai/funds/dg-daiwa-ventures) — Series B
- Tokyu Fudosan Holdings — Series B
- Digital Garage — Series B
- DG Incubation (https://capitalatlas.ai/funds/dg-incubation) — Series B