AAA Cybridge requests Requpo acquisition

Cybridge requests Requpo acquisition

Internet services firm Cybridge Group has paid an undisclosed sum to acquire Requpo, a Japan-based cosmetic treatment booking platform backed by corporate investors Adways, Colopl, iStyle, Monex and Vector.

Requpo’s lead product is a beauty salon reservation app of the same name. It also runs Pocoro, a social media platform previously called Poplle which provides shopping rewards to users.

The company had secured an undisclosed amount from venture capital firm iFund in November 2020, following $930,000 from unnamed investors six months earlier.

Marketing technology provider Adways, e-commerce company iStyle, currency exchange operator Monex and financial services firm Sumitomo Mitsui Banking Corporation – the last two through Monex Ventures and SMBC Venture Capital units respectively – had joined ISGS Investment Works and Energy & Environment Investment to invest $2m in 2018.

Mobile game publisher Colopl, advertising agency Vector and Daiwa Corporate Investment, a subsidiary of brokerage Daiwa, had provided $700,000 for Requpo in 2017. That deal came in the wake of a $130,000 seed round the year before featuring angel investors including Keisuke Kogure.

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.