Josys, a Tokyo, Japan-based startup offering a software-as-a-service (SaaS) platform to automate corporate IT software application management, raised $93 million in Series B funding.

SaaS Investors

The round was led by existing investor Global Brain and new investor Globis Capital Partners.

Global Brain is an independent venture capital firm, founded in 1998 and based in Tokyo, Japan. The firm invests in companies from seed or early stage to pre-IPO startups.

Founded in 1996, Globis Capital Partners is a venture capital firm based in Tokyo, Japan. The firm prefers to invest in the technology, media, consumer services, and education technology sectors.

Josys Use of Funds

The funding will be used to double the size of Josys' product and engineering teams and expand its distribution channels as it aims to offer services in over 100 countries by 2025.

About Josys

Founded in 2022 by Yasukane Matsumoto, Josys offers a software-as-a-service (SaaS) platform for automating corporate IT software application management, including purchasing, configuration, shipping, repairing, and storage of laptops and mobile devices. The company has over 300 small- to medium-sized enterprise customers using its platform.

Josys has expanded globally and now operates its business in the U.S. and a number of Asian countries, including Singapore, India, the Philippines, Indonesia, Malaysia, Vietnam, Thailand, and South Korea.

Funding Details

Company: Josys International Pte. Ltd.

Raised: $93.0M

Round: Series B

Funding Month: September 2023

Lead Investors: Global Brain and Globis Capital Partners

Additional Investors:

Company Website: https://en.josys.com/ 

Software Category: Employee IT Lifecycle Management Solution

Source: https://techcrunch.com/2023/09/05/josys-a-saas-management-platform-raises-93m/