Japan-based business-to-business (B2B) outsourcing platform developer Unilabo received ¥1.44bn ($13.8m) yesterday in a series B round co-led by Japan Post Capital, the corporate venturing subsidiary of postal service Japan Post.
Marketing agency Hakuhodo DY, business intelligence provider Uzabase and financial services firms Mitsubishi UFJ and SBI participated in the round through Hakuhodo DY Ventures, UB Ventures, Mitsubishi UFJ Capital and SBI Investment respectively.
Venture capital firm Spiral Capital co-led the round, which included Ikemori Venture Support, Mobile Internet Capital and Nippon Venture Capital.
Founded in 2012, Unilabo provides a B2B portal called Aimitsu that lists information on service suppliers, subcontractors and outsourcers across Japan. It covers areas such as IT, back-office tasks, sales, marketing and overseas market expansion.
The series B cash will go toward hiring about 100 employees, including engineers, in the next two years in a bid to launch a software-as-a-service outsourcing business model dubbed Aimitsu Cloud.
The round took the company’s overall funding to roughly $20.1m, which includes an undisclosed amount in a June 2019 series A round featuring Nissay Capital, the VC arm of insurer Nippon Life, and Japan Finance Corporation.
