# TRUNK

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

- Industry: Logistics & Distribution
- Headquarters: Tokyo, Japan
- Website: www.trunk-inc.com
- Latest round: Series A (Nov 20, 2020)
- Investors on record: 2

## About

Based in Japan, TRUNK inc. specializes in creating innovative logistics solutions that facilitate the sharing of goods, enhancing everyday convenience and societal comfort for its users.Founded in 2014, TRUNK inc. is a logistics firm based in Tokyo, Japan, focusing on developing a sharing infrastructure comparable to utilities. The company has successfully completed 5 deals, with its most recent funding round occurring on November 20, 2020, raising JPY 700.000 mn from investors including EN-Japan Inc., Haseko Anesis Group, Mitsubishi UFJ Capital, NTT DOCOMO Ventures, and SBS Group. This funding has contributed to its growth strategy without any noted pivots or changes in business operations.TRUNK Inc. focuses on creating a comprehensive sharing infrastructure akin to essential utilities such as electricity and water. The company’s primary offerings revolve around innovative services that facilitate the sharing of goods within society, aiming to enhance convenience and comfort in daily life. Their flagship product is designed to cater to both individual consumers and businesses, promoting a lifestyle where new norms are integrated into familiar routines. TRUNK serves a diverse clientele, including urban residents and businesses seeking to optimize resource utilization.TRUNK Inc. generates revenue through a multifaceted transaction structure that includes subscription services for users and businesses engaging in sharing activities. The firm operates on a business-to-consumer (B2C) model for individual users and a business-to-business (B2B) model for enterprises leveraging shared resources. This involves partnerships with retailers and wholesalers, ensuring seamless service delivery and accommodating various customer segments with flexible pricing plans.In the wake of its most recent funding round on November 20, 2020, TRUNK inc. aims to develop new products designed to enhance its sharing platform, although specific launch dates remain unannounced. The company plans to expand into additional urban markets within Japan and other regions where sharing economy solutions are increasingly demanded. The funding raised will be utilized to support these growth initiatives and improve its existing service offerings.

## Funding rounds

- Series A, Nov 20, 2020 — Seibu Shinkin Capital, Tokyu Fudosan Holdings

## Investors

- Seibu Shinkin Capital (https://capitalatlas.ai/funds/seibu-shinkin-capital) — Series A
- Tokyu Fudosan Holdings — Series A