# TOKIUM

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.keihi.com
- Total disclosed funding: $37M
- Latest round: Series F (Jun 21, 2024)
- Investors on record: 8

## About

TOKIUM Inc., based in Japan, specializes in developing innovative expenditure management solutions that enhance financial operations for businesses through streamlined processes and compliance with local regulations.TOKIUM Inc. is a Tokyo-based company founded in 2012, focused on providing expenditure management services. The firm has successfully conducted 3 deals, with the most recent being a Series F funding round on June 21, 2024, where it raised JPY 1.49 billion from TGVest Capital, bringing the total amount raised to JPY 1.49 billion. The current company valuation stands at JPY 39,343.36 million. CEO Kurosaki Kenichi leads the company, which has not undergone any significant business pivots or changes.TOKIUM offers a comprehensive expenditure management platform designed to streamline and enhance financial operations for businesses. Its core services include expense reimbursement, invoice issuance, electronic document preservation, and contract management, all leveraging a centralized system for efficient electronic data management. The platform aims to reduce manual processing times, minimize paperwork, and ensure compliance with Japanese regulations, including the Electronic Bookkeeping Preservation Act and the Invoice System. Launched to address the growing demand for digital transformation in financial management, TOKIUM serves a diverse client base across various sectors, including retail, automotive, and construction, with a primary focus on the Japanese market.TOKIUM generates revenue through a usage-based pricing model, aligning costs with the volume of transactions processed on its platform. Clients typically engage under subscription agreements, gaining access to a range of tailored services. Revenue streams are enhanced by flagship offerings such as TOKIUM Expense Reimbursement and TOKIUM Invoice, which provide value through automation and regulatory compliance. The pricing structure is designed to eliminate waste, allowing clients to pay only for the services utilized, which fosters strong partnerships with its customer base. The financial transactions are predominantly B2B, resulting in enhanced operational efficiencies and cost reductions for clients.In June 2024, TOKIUM Inc. secured JPY 1.49 billion in Series F funding from TGVest Capital, which will be allocated towards developing new services, expanding existing functions, and strengthening recruitment and marketing initiatives. The company plans to introduce upcoming products aimed at enhancing its expenditure management capabilities and is also exploring expansion into new markets, although specific regions or timelines for this growth have not been disclosed.

## Funding rounds

- Series F, Jun 21, 2024, $9.3M — TGVest Capital
- Series E, Apr 19, 2022, $27M — SMBC Nikko Securities, JAFCO Group, Axiom Asia Private Capital, SMBC Venture Capital, Incubate Fund, JIC Venture Growth Investments
- Seed, Dec 27, 2013, $1M — SMBC Venture Capital, Incubate Fund, Nissay Capital

## Investors

- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Seed, Series E
- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Seed, Series E
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Seed
- SMBC Nikko Securities — Series E
- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series E
- Axiom Asia Private Capital (https://capitalatlas.ai/funds/axiom-asia-private-capital) — Series E
- JIC Venture Growth Investments (https://capitalatlas.ai/funds/jic-venture-growth-investments) — Series E
- TGVest Capital (https://capitalatlas.ai/funds/tgvest-capital) — Series F