# Yappli

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://yappli.co.jp
- Total disclosed funding: $23M
- Latest round: Series C (Jun 17, 2019)
- Investors on record: 9

## About

Yappli, Inc. is a mobile application development platform enabling businesses to create and deploy custom applications effortlessly. It focuses on enhancing customer engagement and streamlining operations for various sectors, including retail, education, and healthcare.Founded in 2013 and headquartered in Tokyo, Japan, Yappli, Inc. facilitates mobile application development for businesses without extensive programming knowledge. The company raised JPY 15.3 billion in an IPO on December 22, 2020, selling 4.85 million shares at JPY 3,160 each. Yasubumi Ihara serves as both the CEO and the Founder. In December 2021, investors YJ Capital and Eight Roads Ventures reduced their stakes in the company through a private placement. Yappli has completed a total of 8 deals.Yappli specializes in a comprehensive mobile application development platform that allows businesses to create and deploy custom applications easily. The platform offers a user-friendly interface for application design, backend integration capabilities, and analytics tools for user engagement tracking. It caters to various sectors like retail, education, and healthcare, serving both large corporations and small to medium-sized enterprises across Japan, Southeast Asia, and the Asia-Pacific region.In 2023, Yappli reported a revenue of JPY 34,697,949 and an EBITDA of JPY 2,183,436.5, generated primarily through a subscription-based model. Clients subscribe to the platform through tiered pricing plans, which can vary in length from monthly to multi-year commitments. Additional revenue may also come from premium features aimed at enhancing functionality for clients.Yappli, Inc. plans to leverage its recent IPO funding of JPY 15.3 billion to enhance its product offerings and expand into new markets. Upcoming products are currently in development, although specific launch dates have not been disclosed. The company aims to enter markets in Southeast Asia and the broader Asia-Pacific region by 2024. The funding will support these initiatives, alongside enhancing current platform capabilities and customer engagement strategies.

## Funding rounds

- Series C, Jun 17, 2019, $20M — Globis Capital Partners, Eight Roads Ventures, Resona Bank, SMBC Venture Capital, Mizuho Bank, Z Venture Capital, Salesforce Ventures, Japan Finance Corporation
- Series B, Oct 16, 2017 — Globis Capital Partners, ITOCHU Technology Ventures, Z Venture Capital
- Series A, Sep 1, 2015, $2.7M — Globis Capital Partners, Z Venture Capital, Salesforce Ventures
- Seed, Apr 1, 2013, $0.3M — Z Venture Capital

## Investors

- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Seed, Series A, Series B, Series C
- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series A, Series B, Series C
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series C
- ITOCHU Technology Ventures (https://capitalatlas.ai/funds/itochu-technology-ventures) — Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series C
- Resona Bank — Series C
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C
- Mizuho Bank — Series C
- Japan Finance Corporation — Series C