Josys, a Tokyo, Japan-based B2B SaaS platform that streamlines and automates corporate IT operations, said today it has raised 4.4 billion yen (approximately $32 million) in Series A funding.

The round was led by Global Brain, with participation from ANRI, Digital Holdings, Yamauchi No 10-family office, and World Innovation Lab (WiL). 

The latest funding will help Josys speed up its overseas expansions, including Singapore, India, Australia, New Zealand, the U.K, Germany, the Netherlands, the U.S., and Canada, aiming for the first launch in Singapore in early 2023. 

Additionally, it intends to strengthen its R&D base in India and sales team in Japan and accelerate corporations’ digital transformation. 

In addition to fundraising, to commemorate the first anniversary of the service, Josys will carry out a special campaign that allows the first 100 companies to use Josys for free for 6 months.

Company: JOSYS INC.

Raised: $32.0M

Round: Series A

Funding Month: September 2022

Lead Investors: Global Brain

Additional Investors: ANRI, Digital Holdings, Yamauchi No 10-family office, and World Innovation Lab (WiL)

Company Website: https://josys.com/

Software Category: SaaS Management Platform

About the Company: Josys is an IT device and SaaS integrated management service that automates analog operations in corporate IT, reduces operational costs, and improves security levels. Josys provides ledger management of IT devices and SaaS linked to employees; issuance and deletion of SaaS accounts due to joining and leaving the company; detection of accounts that have not been deleted by retirees; and PC purchase; and provides functions to automate all corporate IT operations, such as kitting and help desk outsourcing, to reduce the workload of corporate IT and strengthen the security system. Josys has achieved a 29-fold increase in MRR (monthly sales) in the nine months from the end of 1Q to the end of 4Q in 2022 and has achieved high satisfaction in the Ellis test, which measures customer satisfaction. Josys will promote the automation of corporate IT operations for customers around the world and realize DX for companies around the world.

Source: https://techcrunch.com/2022/09/06/josys-secures-32m-series-a-for-its-saas-management-platform/ https://prtimes.jp/main/html/rd/p/000000010.000099889.html

SO MUCH APPRECIATED