# Torana

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

- Industry: Consumer Products
- Headquarters: Tokyo, Japan
- Website: https://torana.co.jp
- Total disclosed funding: $12M
- Latest round: Series C (Feb 28, 2023)
- Investors on record: 15

## About

Based in Japan, Torana, Inc specializes in providing innovative technology solutions aimed at enhancing operational efficiency across various sectors, including finance, healthcare, and manufacturing.Founded in 2015 and headquartered in Tokyo, Japan, Torana, Inc focuses on advanced software applications that facilitate real-time data analysis for businesses. The company has completed 5 deals, with its latest funding round, Series C, on February 28, 2023, bringing in JPY 930 million from investors including Japan Finance Corporation and ORIX Corporation. The CEO is Smita Gawande, while the founder, Suvrat Garg, has a history of entrepreneurship.Torana, Inc offers advanced software solutions that improve operational efficiency for businesses. These products assist in real-time data analysis and streamline decision-making processes. Their offerings cater to a broad range of clients, from large enterprises to small and medium-sized businesses, focusing on sectors like finance, healthcare, and manufacturing. The company’s software is tailored to meet the specific needs of diverse markets across North America, Europe, and Asia.In the most recent year, Torana, Inc reported a revenue of JPY 12,099.7 mn, with an EBITDA of JPY -2,992.1 mn. Revenue is primarily generated through a subscription-based model, allowing clients ongoing access to their software solutions, complemented by direct-to-consumer sales of individual products.Following its recent Series C funding round on February 28, 2023, which raised JPY 930 million, Torana, Inc plans to focus on product development and enhancing customer service. The company is engaged in expanding its operations into new geographic regions, specifically targeting increased market penetration in North America and Europe by the end of 2024. Upcoming product launches are expected to include new software applications aimed at further optimizing operational workflows for clients.

## Funding rounds

- Series C, Feb 28, 2023, $6.8M — ORIX, Shizuoka Bank, TBS Innovation Partners, Japan Finance Corporation, Shoko Chukin Bank, Mynavi, Kenedix Group
- Series C, Apr 21, 2022, $2.9M — AG Capital, Sumitomo Corporation, Mitsubishi UFJ Capital, SMBC Venture Capital, Samurai Incubate, MIRAIDOOR
- Series B, Dec 7, 2020, $1M — Samurai Incubate, ANOBAKA
- Series A, Dec 2, 2019, $0.9M — Samurai Incubate, ANOBAKA, Colopl Next

## Investors

- Samurai Incubate (https://capitalatlas.ai/funds/samurai-incubate) — Series A, Series B, Series C
- ANOBAKA (https://capitalatlas.ai/funds/anobaka) — Series A, Series B
- Colopl Next (https://capitalatlas.ai/funds/colopl-next) — Series A
- AG Capital — Series C
- Sumitomo Corporation — Series C
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series C
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C
- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series C
- ORIX (https://capitalatlas.ai/funds/orix) — Series C
- Shizuoka Bank — Series C
- TBS Innovation Partners (https://capitalatlas.ai/funds/tbs-innovation-partners) — Series C
- Japan Finance Corporation — Series C
- Shoko Chukin Bank — Series C
- Mynavi — Series C
- Kenedix Group — Series C