Yoii Co., Ltd.
Revenue-based finance company Yoii completes series A round of funding totaling 800 million yen
Supporting the challenges of startups through the domestic
dissemination of new financing methods
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Yoii Co., Ltd. (Yoi, Headquarters: Shibuya-ku, Tokyo, Representative Director and CEO: Masaharu Uno, Website: https://yoii), which operates the revenue-based finance (RBF) platform “Yoi Fuel” .jp/ (Yoii) will raise approximately 800 million yen in capital through a third-party allotment with Emellience Partners as the lead investor and Itochu Technology Ventures, FFG Venture Business Partners, and five other existing investors. We would like to inform you that we have carried out procurement. As a result, the cumulative amount raised was approximately 1.4 billion yen. We support the growth of startups by providing new financing methods that are neither debt nor equity. [Image 1
https://yoii.jp/posts/revenue-based-financing)■Realization of efficient and speedy screening
In addition to all procedures being completed online, the evaluation is automated using a risk model equipped with our own machine learning, and the examination is conducted by professional staff with examination experience at financial institutions, so the average cost of equity financing is 3. The process from screening to receiving funds, which usually takes up to 6 months, can be completed in as little as 4 business days. For startups with limited resources, communication costs for management can also be minimized.
■Simple procedure that can be completed by submitting 5 points of financial data In order to minimize the preparation time for busy start-up companies that handle multiple tasks under severe pressure such as sales, system development, recruitment, finance, etc., the procedure requires submission of about 5 points (*2) of financial data. will be completed. The application process takes about 30 to 60 minutes, and there is no need to create a new business plan. Additionally, by linking with external tools such as freee, you can automatically submit financial data. In April 2023, we will renew the product’s UI/UX to ensure intuitive operation for smoother procedures. [Image 3
 I have used it four times already and am very satisfied with the speed and support system. The lead time is much shorter than that of traditional financial institutions, so we are happy to be able to use it frequently. (Mr. Daishi Igarashi, Representative Director and CEO of EISHIN Co., Ltd.)
Examples of companies that have introduced it: 10X Co., Ltd., EISHIN Co., Ltd., FABRIC TOKYO Co., Ltd., Giraffe Co., Ltd., Biophilia Co., Ltd., and many others mainly in SaaS and DtoC businesses
Future prospects
With this procurement as an opportunity, we will strengthen our sales system and develop additional products, creating an environment where more startups can utilize RBF.
First of all, in order to strengthen our organizational structure to ensure stable implementation by many companies, we will be actively recruiting staff in the business development department. In addition, we will enhance the RBF menu to suit the corporate phases and needs of diverse startups, and will also invest in further product development. Through these efforts, we will accelerate the further spread of RBF in Japan and the realization of our mission of ``increasing the liquidity of assets and supporting the growth of entrepreneurs and companies taking on challenges.''
Funding overview
With Emellience Partners as the lead investor, ITOCHU Technology Ventures and FFG Venture Business Partners newly joined existing pre-Series A investors, raising 800 million yen from a total of 8 companies. FFG Venture Business Partners will also discuss
partnerships to expand sales with a view to nurturing local startups. Series A funding amount: 800 million yen
Cumulative funding amount: 1.4 billion yen
Third-party allotment capital increase recipients (in no particular order): Emellience Partners Co., Ltd.
ITOCHU Technology Ventures Co., Ltd. FFG Venture Business Partners Co., Ltd. Mitsubishi UFJ Trust and Banking Corporation Inclusion Japan Co., Ltd. One Capital Co., Ltd.
University of Tokyo Collaborative Creation Platform Development Co., Ltd. Norinchukin Innovation Investment Limited Partnership
Comments from investors who participated in this round (in no particular order) ■Emellience Partners Co., Ltd. Representative Director and CEO Shinsuke Chiba We are very pleased to have been able to invest in Yoii as a lead investor. Yoii is one of the leading companies in Japan that provides revenue-based finance (RBF), and we see great potential in its innovative technology and services. By utilizing our unique algorithms to analyze the financial status of target companies and automating the calculation of appropriate funding amounts and commission rates, we quickly provide services to startups and other businesses in need of funding. Yoii's services accurately capture the needs of startups, etc., and we expect further growth as the startup market expands. Emellience Partners hopes to support Yoii's growth and contribute to the development of Japan's startup ecosystem.
■Itochu Technology Ventures Co., Ltd. Director Partner Shinzo Nakano Principal Ryo Yamashita Revenue-based finance (RBF) provided by Yoii does not dilute your stock through the issuance of new shares, and is extremely competitive compared to regular loan screening. It is a service that allows you to raise funds in a short period of time, and it is a service that distinguishes itself from traditional financing. As Japan's top player in RBF, which is expanding overseas, Yoii is confident that it will grow significantly in the future by
diversifying funding methods for startups and small and medium-sized enterprises and supporting the expansion of the startup market. Masu. As ITV, we would like to do our best to support this effort. ■Keita Hino, Senior Manager, Investment Division, FFG Venture Business Partners Co., Ltd.We are very pleased to have made this investment in Yoii. We hope that revenue-based finance (RBF), which is based on future predictions using technology, will spread as a new financial service for growing companies that are facing cash flow issues. Going forward, Fukuoka Financial Group (FFG) will work together to support Yoii's further business growth and create value for the local economy. About “Yoii Fuel” online briefing session
We are planning a briefing session on the RBF platform )
https://share.hsforms.com/1zX5YDo8nSouYfmODaRX0jAbswnv Recruitment informationYoii is actively recruiting for a variety of positions, including backend engineers, machine learning engineers, data engineers, screening analysts, and HR managers. Would you like to support the growth of companies that embrace the ambitions of entrepreneurs and take on challenges through the provision of RBF?
https://yoii.jp/recruit
Yoii Co., Ltd. Company Profile
Yoii is a Fintech company that provides entrepreneurs with a new financing option called Revenue Based Finance (RBF). By using financing methods different from traditional financing methods such as investment (stocks) and loans (borrowing), it is possible to prevent dilution of stock ownership and raise funds without
guarantors/collateral. , companies can expand the range of their capital policies. Our mission is to “increase the liquidity of assets and support the growth of entrepreneurs and companies that take on challenges” and will open up this untapped market.
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*1: Source: Revenue Based Financing Global Market Report 2023 (
https://www.thebusinessresearchcompany.com/report/revenue-based-financing-global-market-report )
*2: Examples of documents to be submitted / 1. A set of recent financial statements (balance sheet/profit and loss statement/account details) 2. Identity verification documents with representative’s photo 3. Monthly trial balance (last 12 months) 4 .Deposit and withdrawal details for all accounts (last 6 months) 5.Other documents required depending on your business model
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