# XMart

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.xmart.co.jp
- Total disclosed funding: $7.7M
- Latest round: Series B (Jan 4, 2023)
- Investors on record: 9

## About

Founded in 2018 and based in Tokyo, Japan, XMart Inc. operates a platform that connects wholesalers and restaurants and provides digitalization solutions for the food distribution industry. Through the platform, restaurants can obtain cost estimates across food categories such as liquor, seasoning, dried food, fresh food, and kitchenware prior to making actual orders. In January 2023, XMart, Inc. raised JPY 530 million in Series B financing from new investors Emellience Partners, Tokyo Century Corporation, and returning investors giftee, Mizuho Capital, SBI Investment, and SMBC Venture Capital.


The company will use the January funds raised to strengthen its sales and product development system.

## Funding rounds

- Series B, Jan 4, 2023, $4M — SMBC Venture Capital, Mizuho Capital, SBI Investment, giftee, Inc., Tokyo Century Corporation, Emellience Partners
- Series A, Feb 22, 2021, $2.6M — SMBC Venture Capital, Mizuho Capital, SBI Investment, giftee, Inc.
- Seed, Sep 24, 2019, $1.1M — UNITED, inc., Saison Ventures, XTech Ventures

## Investors

- UNITED, inc. — Seed
- Saison Ventures (https://capitalatlas.ai/funds/saison-ventures) — Seed
- XTech Ventures (https://capitalatlas.ai/funds/xtech-ventures) — Seed
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A, Series B
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A, Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series A, Series B
- giftee, Inc. — Series A, Series B
- Tokyo Century Corporation — Series B
- Emellience Partners — Series B