# WORK SMILE SATELLITE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/work-smile-satellite

- Industry: Commercial Property
- Headquarters: Okayama, Japan
- Website: www.wakusate.com
- Total disclosed funding: $0.4M
- Latest round: Series A (Sep 30, 2019)
- Investors on record: 1

## About

WORK SMILE SATELLITE Inc specializes in providing flexible rental office spaces and meeting facilities, accommodating diverse business needs with modern amenities.Founded in 2018 in Okayama, Japan, WORK SMILE SATELLITE Inc offers workspace solutions for businesses. The company raised JPY 40 million in Series A funding on September 30, 2019, from MIRAIDOOR, bringing its total amount raised to JPY 40 million and its current valuation to JPY 82.353 million.WAKUSATE (????) primarily offers rental office spaces and meeting facilities designed to cater to a variety of business needs, including corporate registration services without additional fees. The company provides three types of rental spaces, which can be selected according to client requirements. Key features include high-speed Wi-Fi, 24/7 access, and well-equipped meeting rooms with large monitors and essential office equipment such as multifunction printers. These offerings are tailored for businesses seeking flexible workspace solutions in urban areas, with a focus on supporting meetings, collaborative work, and corporate events. The company's services are geared towards local enterprises in Okayama City, as well as remote workers and freelancers seeking professional environments for productivity and networking.WAKUSATE generates revenue through a structured pricing model associated with its rental spaces and office services. Clients can opt for various pricing plans that include monthly rental agreements for office usage, along with additional fees for optional services such as corporate registration and dedicated lockers. The company's revenue streams are derived from direct B2B transactions, where businesses pay for the use of meeting rooms and office facilities on a monthly basis, as well as from ancillary services provided to enhance the user experience. Specific services like document handling and printing also incur additional costs, establishing a comprehensive transactional framework that supports ongoing client relationships. Overall, these revenue mechanisms reflect WAKUSATE's commitment to providing tailored solutions for professional environments.WORK SMILE SATELLITE Inc plans to enhance its service offerings by launching new products aimed at improving workspace efficiency and facilitating remote collaboration. The company is considering expansion into additional urban markets in Japan by the end of 2023. The recent Series A funding of JPY 40 million will be utilized to support product development and market entry strategies.

## Funding rounds

- Series A, Sep 30, 2019, $0.4M — MIRAIDOOR

## Investors

- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series A