# TORANOTEC

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

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: www.toranotec.com
- Total disclosed funding: $26M
- Latest round: Series C (Aug 21, 2021)
- Investors on record: 5

## About

Based in Japan, Toranotec Ltd. offers innovative investment management services that empower individuals to transition from consumption to investment through technology-driven solutions.Toranotec Ltd. was founded in 2016 and is headquartered in Tokyo, Japan. The company focuses on providing advanced investment management services. Justin Balogh is the CEO, leading the company through its strategic initiatives. Toranotec has successfully raised JPY 2.9 billion in SERIES C funding on August 21, 2021, with contributions from investors such as JIC Venture Growth Investments, AG Capital Canada, and Seven Bank, Ltd. The company has completed a total of 6 deals, with a current valuation of JPY 12,792.437 million.TORANOTEC Inc. specializes in utilizing advanced technology to provide investment management services that facilitate a shift from consumption to investment. Their core offering, known as "????" (Toranoco), enables seamless asset formation for individuals, making investment more accessible. This service includes features such as a reward points application called "????! for MUFG," incentivizing users to engage in physical activities to earn points convertible into investments. TORANOTEC targets a diverse client base, including individual investors and corporations, aiming to empower all people to become investors, primarily operating within Japan's growing demand for innovative financial solutions.TORANOTEC generates revenue through various channels, primarily providing subscription-based investment management services. Users subscribe to the Toranoco platform for investment activities and earn rewards. The company collaborates with financial institutions like Mitsubishi UFJ Bank to enhance its offerings. Specific pricing plans are not disclosed, though the firm aims to make investment accessible through competitive pricing and innovative features, exemplified by its flagship products, including Toranoco and the reward points application.In August 2021, Toranotec Ltd. raised JPY 2.9 billion in SERIES C funding to support its growth initiatives. The company plans to invest this funding in marketing activities and the development of new products and services to expand its client base. Toranotec aims to introduce upcoming offerings designed to enhance user engagement and accessibility in investment management. The firm is also exploring opportunities for expansion into new geographic markets, although specific regions or timelines for these plans have not been detailed.

## Funding rounds

- Series C, Aug 21, 2021, $26M — Seven Bank, Ltd., AsLead Capital Pte. Ltd., AG Capital Canada, JIC Venture Growth Investments, Sumisei Innovation Fund

## Investors

- Seven Bank, Ltd. — Series C
- AsLead Capital Pte. Ltd. — Series C
- AG Capital Canada (https://capitalatlas.ai/funds/ag-capital-canada) — Series C
- JIC Venture Growth Investments (https://capitalatlas.ai/funds/jic-venture-growth-investments) — Series C
- Sumisei Innovation Fund — Series C