# VISITS Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/visits-technologies

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.visits.world
- Total disclosed funding: $28M
- Latest round: Series D (Jul 25, 2019)
- Investors on record: 11

## About

VISITS Technologies Inc. provides innovative digital platforms aimed at enhancing user engagement and streamlining operations across various industries, notably hospitality, retail, and entertainment.Founded in 2014 in Tokyo, Japan, VISITS Technologies Inc. specializes in developing digital solutions that improve customer interactions and operational efficiency. The company has completed six significant deals, with its latest funding round being a Series D in July 2019. The founders, Masaru Matsumoto and Minoru Kuriyama, have a background in technology innovation, with Masaru Matsumoto serving as the current CEO. In this latest round, the company raised JPY 2.2 billion, contributing to a total amount raised of JPY 2.2 billion and a current company valuation of JPY 16,962.07 million.VISITS Technologies Inc. offers a range of products and services designed to enhance user engagement and operational processes across diverse sectors including hospitality, retail, and entertainment. Their core products are advanced digital platforms that enable seamless interactions between businesses and customers, focusing on user experience and service delivery. The client base includes both small and medium-sized enterprises as well as larger corporations, with a significant presence in North America and Europe. Recent product releases reflect the company's commitment to addressing contemporary challenges in customer interaction and data management.The revenue model of VISITS Technologies Inc. is built on subscription models and direct sales to businesses. Clients typically subscribe annually to access the company’s platforms and receive ongoing support, fostering long-term relationships. Pricing tiers are flexible, accommodating various scales of usage and service features. The flagship products underpin these transactional relationships, while partnerships with select retailers enhance distribution and market reach.Following the Series D funding round in July 2019, where VISITS Technologies Inc. raised JPY 2.2 billion from investors including Dai-ichi Life Insurance and Dentsu, the company plans to leverage these funds for future growth. This includes the launch of new products designed to enhance user engagement, although release dates are not specified. Additionally, VISITS Technologies Inc. targets expansion into new markets, particularly focusing on regions in Asia and Europe by 2025. These initiatives reflect the company’s strategy to innovate continually and adapt to the evolving needs of its client base.

## Funding rounds

- Series D, Jul 25, 2019, $20M — Dai-ichi Life Insurance, SPARX Group, Dentsu, Globe advisors, Signifiant, PERSOL VENTURE PARTNERS
- Series C, Jul 9, 2018, $4.5M — SPARX Group, Mizuho Capital, FFG Venture Business Partners, CAC CAPITAL
- Series B, Jul 6, 2017, $3.3M — Mitsubishi UFJ Capital, Vector, Globe advisors, PERSOL VENTURE PARTNERS

## Investors

- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B
- Vector (https://capitalatlas.ai/funds/vector) — Series B
- Globe advisors — Series B, Series D
- PERSOL VENTURE PARTNERS (https://capitalatlas.ai/funds/persol-venture-partners) — Series B, Series D
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series C, Series D
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C
- FFG Venture Business Partners (https://capitalatlas.ai/funds/ffg-venture-business-partners) — Series C
- CAC CAPITAL (https://capitalatlas.ai/funds/cac-capital) — Series C
- Dai-ichi Life Insurance — Series D
- Dentsu — Series D
- Signifiant (https://capitalatlas.ai/funds/signifiant) — Series D
