[Ricerka Co., Ltd.] Richerka, which realizes DX of purchasing, inventory, and sales operations, raises a total of 130 million yen in seed round
*Richelka Co., Ltd.*
Press release: September 4, 2024
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Richerka, which realizes DX of purchasing, inventory, and sales operations, raises a total of 130 million yen in seed round
*SCM compatible with generative AI based on funds raised from Genesia Ventures and New Commerce Ventures
Accelerate development of SaaS “RECERQA”*
Richelca Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director and CEO: Shotaro Umeda, hereinafter referred to as
“Riceluca”) is a subsidiary of Genesia Ventures Co., Ltd., New Commerce
We raised a total of 130 million yen in a seed round by issuing J-KISS type stock acquisition rights with Ventures Co., Ltd. as the underwriter. As a result, the cumulative amount raised will be 160 million yen.
* Background and purpose of funding *
“RECERQA” is an SCM (supply chain management) that updates the experience of purchasing, inventory, and sales management operations by using modern development technology and AI.
It’s SaaS.
While the transition to SaaS is progressing in the accounting and human resources system areas, it is difficult to transition to SaaS in the SCM area, where operations are complex and difficult to package. As a result, the SCM field requires the creation of large-scale projects to achieve operational efficiency, and the reality is that many companies are facing challenges in terms of cost, time, and difficulty.
As we have found that “RECERQA” can provide a certain solution to these corporate issues, we have decided to make this procurement in order to deliver better project services to more customers.
Utilizing the funds raised, we will accelerate product development to realize ERP3.0 and work hard to bring about changes in SCM operations. Click here for Richerka’s recruitment information
*ERP market and ERP3.0*
The technology in the ERP market has shifted from “ERP 1.0,” which utilizes client-server installed applications to run in-house operations, to “ERP 2.0,” which uses cloud-based applications and connects companies by linking data through APIs. It is undergoing changes as the world evolves.
“ERP3.0″ is the next phase, an AI-native platform.
With ERP3.0, sellers and buyers use the same platform to share data, including sales information and inventory information, reducing various exchanges in buying and selling that traditionally took time, and making them more efficient. This does not only mean listing products on the platform, but also means that by conducting business using the same system, there is no need for data linkage itself. ERP3.0 is a platform that accumulates data, connects that data to the use of generated AI, and updates business operations.
* What is SCM SaaS “RECERQA” that realizes “ERP3.0”? *
The SCM field is a complex domain with different business practices for each industry and company. For this reason, in order to build an optimized system for a company, the only option was to spend hundreds of millions to tens of billions of yen to create the system. In response to this, SaaS has recently emerged to streamline some operations in the SCM area, such as inventory and purchasing.
However, as a result, “the system has a high level of business coverage, but the functions are complex and it is difficult to improve usability” or “the system is easy to use, but the end-to-end operations from purchasing to sales are not covered (= data There is a trade-off between comprehensiveness and convenience (lack of consistency), and as a result, most major companies continue to choose traditional systems.
Among Richerka’s interviews conducted over the past year and a half, we learned, “Due to the limitations of the existing system, we would like to promote DX, but we do not have the correct data,” and “We would like to link the newly released BtoB EC with the existing core system.” , API collaboration development costs several hundred million yen in development costs,” “We have promoted omnichannel sales, but managing the product master takes up man-hours and we are unable to start reviewing our operations.” I am acutely aware that various issues still remain scattered.
Especially now that breakthroughs are occurring in generative AI, the importance of data has increased significantly, and systems are required to know how to correctly collect, store, and utilize this data.
“RECERQA” is a system that solves such issues with the following features and realizes ERP3.0.
By using the modern frameworks Next.js and Go as development languages, we provide the same UI/UX, processing speed, and robustness as BtoC in the BtoB SCM field.
In addition, in line with the evolution of generative AI, which can be said to be a revolutionary point in the era, we are building a data infrastructure that can hold the smallest unit of data at the transaction level and use it for analysis.
In order to utilize this data infrastructure correctly, we need a mechanism to automatically accumulate data generated from daily operations.
By comprehensively covering purchasing, inventory, and sales operations, RECERQA accumulates data on a daily basis, eliminating the need for “data collection operations for data analysis.” By allowing you to easily access the necessary information when you need it, you will be able to make faster management decisions.
Richerka will continue to work hard to update your business as a system for the “ERP3.0″ era.
Click here to contact RECERQA
*Comments from investors*
*Genesia Ventures Co., Ltd.*
*General Partner Soichi Tajima*
* Investment Manager Naoki Kurosaki*
I am very happy to have made this investment in Richerka.
Richerka is a high performer in Works Applications and an AI Mr. Shotaro Umeda, who held the key position of executive officer and CRO at inside and led the company until its IPO, is a member of the Connecting the
This is the company that started up before Dots. I was drawn to Mr. Umeda’s strong and passionate passion for pursuing the ideal form of ERP/SCM, and I decided to take on the role of lead investment in this seed round.
Within ERP, the supply chain management area is an area where system integrators and package vendors are the main providers of services, and many SaaS vendors have emerged in the last 10 years. On the other hand, the supply chain is highly difficult to standardize for each company, and we believe that there are issues such as compatibility with overall business operations, inter-system data linkage, UX experience, etc., where it is not always possible to provide a system experience that is satisfactory from the user’s perspective. I am. Richerka is All in in the same area
We are a company that takes a One approach and realizes a new approach that combines functionality and usability for customers. We believe in a future where the company, a cutting-edge AI x SaaS technology group, will create new chemical reactions in the ERP/SCM field. Let’s work hard and aim high together!
*New Commerce Ventures Co., Ltd.*
*Representative Partner Kohei Okubo*
I was drawn to the teamwork and passion of Mr. Umeda, Mr. Koda, and Mr. Noda, and decided to invest in them. I am very honored to have had this opportunity.
Richerka is a company that builds AI-native ERP in the supply chain field. Supply chain management in the commerce field is a broad field that can be called the backbone of the business. Works Applications and AI can tackle this challenging topic.
This is possible because we are a team that is active inside and has business experience at an import trading company. Once again, I have great expectations for being able to work with everyone at Richerka. We are confident that Team Richerka will realize the next generation supply chain management ERP that is in line with the AI era. New to create the future of supply chain management
Commerce Ventures will work together to support you.
*Comment from Shotaro Umeda, Representative Director and CEO* First of all, we would like to thank Genesia Ventures and New Commerce, who strongly sympathize with our ideas and have invested funds to contribute value to society.
We would like to express our deepest gratitude to everyone at Ventures. Works Applications and AI
Inside, I had a lot of valuable experience at a very wonderful company called HashPort, and when I took over the business of a motorcycle import trading company, I faced the analog nature of the work, the difficulty of data analysis, and how to carry out the work reliably. The high degree of difficulty of this led to the development of “RECERQA.”
As we started development based on our past experiences and the experiences of our own companies, we have built very strong ties with both VCs who believed in us and decided to invest, even though those around us were skeptical at first. I am working hard at my former job. The “RECERQA” series, which was released in July, has been receiving inquiries from many customers and is steadily gaining contracts, and we believe it is urgent to create a system to smoothly deliver products to customers. .
I’m going to keep a note about my origins and thoughts, so please take a look when you have time. If you are even slightly interested in our company, please feel free to have an interview. Because SCM is such a big mountain, we are really looking for strong friends who can climb it together!
Click here for note
* Biography *
After graduating from university, worked at Mizuho Bank and then Works Applications, where he worked in accounting and SCM sales for domestic ERP “COMPANY” and “HUE”.
Joined AI inside Co., Ltd. in November 2017.
Since April 2019, he has been in charge of the company’s business as an executive officer and CRO, and achieved an IPO.
After that, he worked as a venture partner at the University of Tokyo Edge Capital (UTEC), supporting health tech and AI startup companies in which he invested.
In 2021, he joined HashPort Co., Ltd. as director and COO, leading the launch of BtoB business in the blockchain/NFT business, preparation for IPO, and organizational expansion.
In June 2022, he took over the business of Uesaka Trading Co., Ltd., which imports Italian motorcycles, and became the company’s
representative director and president.
In April 2023, we started developing the smart SCM SaaS “RECERQA”. Company Profile
Company name: Richerka Co., Ltd.
Representative: Representative Director and CEO Shotaro Umeda Address: GROWTH BYGrowth by IOQ 201, 1-9-11 Higashiazabu, Minato-ku, Tokyo Business overview: Development and provision of smart SCM SaaS “RECERQA series” Email: info@recerqa.com
HP: https://recerqa.com/
note: https://note.com/recerqa/
Wantedly: https://www.wantedly.com/companies/company_6358176 Contact information regarding this release
For public relations info@recerqa.com
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