# Upbond Corporation

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.upbond.io
- Total disclosed funding: $0.5M
- Latest round: Seed (Oct 5, 2020)
- Investors on record: 2

## About

Established in 2019 and based in Tokyo, Japan, Upbond Corporation engages in the development of a cryptocurrency asset wallet service and provides business support services specialising in Web 3.0. As of 2022, Gin Takashi Mizuoka is the CEO of the company. In December 2022, Upbond Corporation raised JPY 120 million in venture debt financing from Pegasus Tech Ventures and SCALA, Inc. As of 2022, the company employs 60 employees (including 15 in Indonesia and 8 in China on outsourcing).

The company offers an Upbond wallet, which is non-custodial but permits businesses to receive the wallet owner's personal information with permission. Upbond provides customer-focused messaging CRM with offline locations and flexibility through a SaaS platform. The firm's solutions assist in a smooth transition to the impending Web 3.0 and help to reduce its present hazards by utilising blockchain technology.

The organization plans to use the December 2022 funding to invest in strengthening its organizational structure for business expansion.

## Funding rounds

- Seed, Oct 5, 2020, $0.5M — Insight Capital, Soul Capital

## Investors

- Insight Capital — Seed
- Soul Capital — Seed