Welmo Co., Ltd. Welmo completes Series B financing for 1.57 billion yen Additional funding from TEPCO Power Grid, Mizuho Capital,…
Welmo Co., Ltd.
Welmo completes Series B financing for 1.57 billion yen Additional funding from TEPCO Power Grid, Mizuho Capital, etc.
The total procurement amount is 2.102 billion yen, aiming for a society where everyone can realize “natural happiness”
Welmo Co., Ltd. (CEO: Yusuke Kano, Location: Chiyoda-ku, Tokyo; hereinafter, “Welmo”), a provider of nursing and welfare platform services utilizing AI and ICT, is a member of Tokyo Electric Power Grid Co., Ltd. (“Toden PG”) And additional funding from Mizuho Capital Co., Ltd., and completed the series B financing continued last year for a total of 1.57 billion yen. The total amount of procurement since its establishment in 2013 is ¥ 2.102 billion.
In addition, we entered into a business alliance with TEPCO PG to strengthen and promote cooperation between TEPCO PG services and welfare platforms centered on Welmo’s care plan creation AI, Care Plan Assistant and Milmonet. You. Similar to the round procurement announced last August, we will invest in strengthening the
organization with the aim of further business expansion and product enhancement.
■ Business alliance with TEPCO Power Grid Co., Ltd.
TEPCO PG has a function for estimating living behavior (hereinafter referred to as “residential behavior estimation function”) and a home energy estimation function based on equipment separation technology * 1 using power sensors owned by TEPCO PG subsidiary Energy Gateway * 2 We are developing IoT platform that realizes. By linking this technology to the “Care Plan Assistant” and “Mirmo Net” provided by Welmo, we will improve the efficiency of care plan creation and the quality of care based on nearby electricity data through the services provided by Welmo. Will be realized. By doing so, we will reduce the work burden on caregivers and maintain / improve the level of nursing care required, while working to solve social issues such as reducing social security costs.
* 1 With the technology that separates the usage of electricity in the entire house for each type of home appliance, it is possible to detect changes in electricity usage for each home appliance in real time * 2 A function for estimating electricity rates at the end of the month and forecasting demand and power generation from the next day. [Image 2
■ Comments from underwriters
Haruki Mino, Executive Vice President, TEPCO Power Grid Co., Ltd. We are promoting the construction of a sustainable social
infrastructure using the technologies cultivated in the power business. We will work with you to address social issues in the nursing care field, and at the same time nurture our IoT platform as a social infrastructure to contribute to the realization of convenient and secure living for our customers.
Mr. Osamu Ui, Manager, Investment Division 5, Mizuho Capital Co., Ltd. We greatly approve of our steady efforts to build a social
infrastructure in preparation for the coming of an aging society, and we look forward to your potential using the government-private information network. In the future, we would like to use Mizuho’s resources to support your company’s scale-up.
■ Comment from Yusuke Kano
We would like to thank TEPCO PG, Mizuho Capital, and many other shareholders who have invested this time in sympathizing with, believing in, and supporting our vision.
Approximately seven years since its establishment, the number of friends with a passion for social change has increased to about 140, and the number of bases has reached six in Japan and overseas. Milmonet, which has been working on visualizing information on local resources for nursing care, has expanded its registration bases to about 35,000, and this year, the care plan creation support AI “ Care ” It will be a year to further accelerate the business, such as the release of “Plan Assistant”. We will continue to work with our colleagues toward the society we aim for, “To make the happiness of course for everyone.”
■ Looking back on the previous Welmo
Background of the founding
Welmo is a care tech company whose mission is to solve social issues with the power of ICT and advanced technology. In 2013, Hyundai Omote Kano was founded in Fukuoka. Kano, who had a career as an IT consultant in the human resources field, was interested in the value of work. At the same time, I felt uncomfortable with a society that was too biased toward capitalist values. Under such circumstances, through volunteers at nursing homes, I was deeply moved by the fact that there were “human connections, gentleness, and warmth” at the nursing care site, where modern society tends to forget. On the other hand, I was shocked by the fact that the nursing care site was exhausted due to its structural problems, had a high turnover rate, and had great challenges in working. I decided to start a business in the field of nursing care with the desire to support the workplace. Business development
The current business domains are (1) nursing care business and (2) education for children with disabilities. After starting a business in the field of nursing care, I have met in the field of education for children with disabilities and expanded my domain.
(1) -1 Milmonet, a platform that aggregates local resource information for nursing care
This is a project that ensures fairness by making the nursing resources existing in the region transparent by ICT, and maximizes the possibility of meeting those who need nursing care with businesses that suit them. It is being developed mainly in core cities
nationwide, and is currently being developed in Sapporo, Yokohama, a part of Tokyo and Osaka Prefecture, and Fukuoka. The registration has spread to about 35,000 *. (* Including open data)
(1) -2. Care plan creation AI “Care Plan Assistant,” which supports care managers (scheduled for release in summer 2020)
With the support of artificial intelligence that has learned the knowledge of nursing care and medical care, and past care plans, it is possible to reduce personality such as biased knowledge and experience in creating care plans, improve the quality of care management, and reduce the work load of care managers. I am aiming. Scheduled to be released in the summer of 2020.
(2) Day service “UNICO” for child development support and after school The mission is to release and maximize the potential of children, and we provide nursing care using our own methods developed with academic advisors. Starting with the Onojo classroom in 2015, we have steadily increased the number of classrooms, mainly in Fukuoka Prefecture, and currently operate eight classrooms. Through a business alliance with Global Kids Co., Ltd., we will continue to improve the quality of practice and increase the number of operating classrooms.
Changes in the number of employees and expansion of bases
As the business expands, the company now employs around 140 people (including part-time and part-time workers). The experienced development team is responsible for AI and ICT development. In addition, the number of colleagues with a strong desire for solving social issues and diverse experiences, such as those from ventures and those from the nursing and medical care sites, is increasing. We have expanded our bases in Japan, with offices in Sapporo, Yokohama, Tokyo, Osaka and Fukuoka, mainly in the area where Milmonet is developed. Overseas, there is a research and development base in Finland, a welfare advanced country.
■ Welmo Co., Ltd.
■ Company Profile
A care tech company whose mission is to solve social issues with the power of ICT and advanced technology. The company is developing the “Care Plan Assistant” AI, a care plan creation support AI, the “Mirmonet” platform that aggregates information on local resources for nursing care, and the “UNICO” day service for child development support and after school.
Welmo Corporate Website: https://welmo.co.jp/
・ Trade name: Welmo Co., Ltd. (CEO: Yusuke Kano)
・ Established: April 30, 2013
・ Capital: 1.51 billion yen (as of March 2020: including capital reserve) ・ Head office location: 4F, NTT Hibiya Building, 1-1-6
Uchisaiwaicho, Chiyoda-ku, Tokyo
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