# Xbit

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.x-bit.co.jp
- Total disclosed funding: $8.6M
- Latest round: Series C (Jan 10, 2024)
- Investors on record: 7

## About

Based in Tokyo, Japan, established in 2016, Xbit,Inc. develops and provides a platform that manages shift scheduling and improves operational efficiency for businesses in the food and beverage industry. In January 2024, Xbit, Inc. raised JPY 900 million in venture funding from investors Eight Roads Ventures Japan and Mitsubishi UFJ Capital, with participation from investors Salesforce Ventures and Nissay Capital. As of August 2024, the company is led by CEO Takasaki Kokubo.The cornerstone of Xbit’s product lineup is Rakushifu, a shift management tool that automates and simplifies scheduling processes. Rakushifu offers features like automated shift scheduling, real-time updates, and analytics to help businesses optimize their workforce deployment and reduce administrative overhead. Additionally, the platform visualizes the person's budget from the attendance data and also creates shifts from the sales and personnel budgets. The app also manages work from the number of leaves taken.

The company will use the funding to hire employees and develop its current services alongside a new service that manages the salary of shift workers.

## Funding rounds

- Series C, Jan 10, 2024, $6.3M — Eight Roads Ventures, Mitsubishi UFJ Capital, Nissay Capital, Salesforce Ventures
- Series A, Dec 17, 2020, $0.5M — Salesforce Ventures
- Series A, Sep 28, 2020, $1.9M — Mizuho Capital, Z Venture Capital, East Ventures, Nissay Capital

## Investors

- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Series A
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series A
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A, Series C
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series C
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series C
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series C