Scholarship platform “Gaxy” raises a total of 270 million yen as Series A round

https://gaxi.co.jp/recruit
Message from new underwriter
Genesia Ventures Associate Keigo Mizutani
“We will join Gakshi in its challenge to create the ideal flow of money to the young people who will lead the future.Scholarships will become more familiar to students, their parents, and companies, and they will have a wider range of options than ever before. We will continue to support the creation of a society where students can find their own path and move forward.”
Mitsubishi UFJ Capital Investment Department 2 Hikaru Fujimoto “Scholarships are indispensable for students to realize their dreams. In an industry where there is still deep pain among all parties involved, including educational institutions, foundations, and students, Gakshi is working to raise awareness of scholarships and manage them through DX services. It has greatly contributed to the realization of operational efficiency on the side.In the future, MUFG as a whole would like to help our services spread widely throughout society and take off in a big way.”
Marui Group President and Representative Director Hiroshi Aoi “Marui Group has set an impact goal of “creating the future of future generations together” and is working on co-creation with future generations.In this context, we have invested in Gaxi and are committed to supporting future generations. We are pleased to begin our collaboration. By leveraging the strengths of both companies, we will work together to create a future for future generations!” KIBOW Social Investment Fund Principal Takanori Matsui
“‘Eliminating the information gap in the scholarship field.’ Towards this vision, I feel that Gaksy is steadily spreading its social impact across the country. From now on, Gaksy is in a phase where it will grow as a player who truly changes society.” This is KIBOW’s third investment, and we look forward to working together on this journey to change society. ”
Mizuho Capital Investment Department 4 Investment Manager Natsuteru Fujiki “Gaxy’s products accurately address pain points in the scholarship industry, and the number of users is rapidly increasing, so we are confident that Gakshi will become a top runner among startups in the scholarship field, so we have made an additional investment this round. I will make every effort of the Momizuho Group and work alongside CEO Matsubara and the rest of the wonderful management team.”
Social issues facing the scholarship industry
・Many grant-type scholarships are not fully utilized due to analog information management. Rental type usage is increasing and now accounts for 80% of users
・Compared to other countries, the total amount of scholarships in Japan is small, and paying tuition fees out of pocket is a burden on family finances.
・For those who wish to establish scholarships, there are limited means and many restrictions.
Students/Parents:
The number of users of loan-type scholarships is increasing due to rising tuition fees and decreasing average household income. Grant-type scholarships are not being fully utilized as many applications require mailing and are complicated. Prejudice toward scholarships, such as “it’s scary because it’s a loan,” is also an obstacle.
Scholarship management organization:
The new higher education study support system has made operations more complex. Local governments and corporations have complex operations using paper media and proprietary systems, and they need to streamline their operations. System reform and scholarships are likely to increase in the future, so immediate action is required.
Funder:
Motivation to donate is low because it takes a lot of effort to establish a scholarship and involvement in management is limited. Gaxi’s service
Our company develops and operates a scholarship platform and provides total services for users, administrators, and funders involved in scholarships.
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