XTech
XTech is a Tokyo-based startup studio that creates and acquires new ventures at the intersection of existing industries and technology, serving mid-career entrepreneurs, Japanese corporates, and early-stage startups through its subsidiary portfolio and 52B yen XTech Ventures fund.
- Company typePrivate
- Founded2018
- HeadquartersTokyo, Japan
- Headcount1–10
- GTM typeB2B
- OfferingServices
What XTech does
XTech Corporation is a Tokyo-based startup studio founded in January 2018 by Shinichi Saijo, formerly COO of CyberAgent and Co-founder/General Partner of WiL. Operating under a Silicon Valley-style 'Startup Studio' model, the company creates new businesses by combining existing industries with emerging technologies (AI, IoT, blockchain, 5G), and runs XTech Ventures in parallel as its venture capital arm targeting mid-career entrepreneurs. Its defining strategic action was the 2018 tender offer for listed Excite Inc. (TSE: 3754), making Excite a subsidiary and converting XTech into a holding entity with public-market exposure. XTech has since built or acquired at least ten subsidiaries spanning food (Crossmart), audio (Radiotalk), fintech (ecloud), executive recruiting (Professional Studio, withwork, XTalent), M&A advisory (M&A BASE), back-office outsourcing (BizSuite), brand consulting (One of Them), travel (Excite TE), and the CrossPocke joint venture with Mixi for family services. The group also operates xBridge-Tokyo, a startup office co-run with Tokyo Building since April 2018, and a Tokyo Station-area shared incubation facility launched April 2022. XTech Ventures Fund 1 closed at 52 billion yen, with management fees and equity stakes across portfolio companies forming the financial backbone alongside Excite's listed-company revenue.
XTech firmographics
Firmographics- Name
- XTech
- Legal name
- XTech株式会社
- Website
- https://xtech-corp.co.jp
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- XTech is a Tokyo-based startup studio that creates and acquires new ventures at the intersection of existing industries and technology, serving mid-career entrepreneurs, Japanese corporates, and early-stage startups through its subsidiary portfolio and 52B yen XTech Ventures fund.
- Ownership category
- akta.pro rank
XTech industry classification
Industry- Product category
- Startup Studio & Venture Capital Services
- NAICS
- Other Financial Vehicles (52599), Computer Training (611420)
- SIC
- Services-Management Consulting Services (8742), Investment Advice (6282)
- akta.pro primary industry
- Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)
- akta.pro secondary industries
- Accelerators & Incubators (Investor-Operated) (FSANAAAM), Corporate Accelerators & Startup Programs (FSANAHAD)
Keywords
Where XTech is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
XTech business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Venture Capital / Fund Management: XTech Ventures manages venture capital funds that invest in startups, particularly targeting middle-level entrepreneurs. The 1号ファンド was completed at 52億円.
- Startup Studio Operations: Creates multiple startups through the Startup Studio model, with professionals in engineering, design, marketing, and recruiting collaborating to launch new ventures.
- M&A Advisory: M&A BASE provides M&A advisory services, including supporting the acquisition of Excite (TOB in 2018) and other merger and acquisition activities.
- Subsidiary Services: Various subsidiaries generate revenue including: BizSuite (startup management outsourcing), withwork (recruitment services), クロスマート (B2B platform connecting restaurants with wholesalers), Radiotalk (audio platform), and others.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
XTech product offering
Product offeringCore offering
XTech operates as a Startup Studio that creates new ventures by combining existing industries with technology such as AI, IoT, blockchain, and 5G. The company supports middle-level entrepreneurs by providing risk capital through its XTech Ventures fund, entrepreneurship know-how, and shared infrastructure including xBridge-Tokyo office space. It also provides M&A advisory, executive recruitment, and startup management outsourcing services through subsidiaries.
Product overview
XTech operates as a Startup Studio that creates new ventures by combining existing industries with technology. The company manages a portfolio of subsidiaries and services including BizSuite (startup administrative outsourcing), Professional Studio (executive recruitment), READY (internship program), and various platform businesses. The XTech Ventures arm provides venture capital funding. Portfolio companies span food services (Xmart), audio streaming (Radiotalk), financial services (Ecrowd), job search (withwork), M&A advisory (M&A BASE), and travel/education (地球の歩き方T&E). The company also operates joint ventures including CrossPocke with Mixi for family services.
Differentiator
Problem solved
Functional benefit
Brands
- READY: Internship program for practical new business creation, run annually for university students and graduates seeking to become entrepreneurs, CxOs, or investors
- BizSuite
- xBridge-Tokyo
- 幹部人材輩出スタジオ (Professional Studio)
Products and services
- BizSuite Startup management outsourcing service handling administrative and back-office tasks for early-stage companies.
- withwork Job change and career transition service targeting part-time and high-performance professionals seeking new opportunities.
- Professional Studio (幹部人材輩出スタジオ) Executive recruitment support service focused on placing senior talent in startup leadership positions.
- Radiotalk
Companies that use XTech
Customer profileSegments3 records
Ideal customer profiles3 records
XTech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
XTech partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Mixi (ミクシィ)coreJoint venture クロスポッケ株式会社 established to develop new services for '家族アルバム みてね' (family photo album app), including 'みてねギフト' gifting feature. Partnership includes M&A including collaboration framework for potential future acquisitions.
- Tokyo Building (東京建物)coreJoint operation of xBridge-Tokyo startup office within Tokyo Building headquarters since April 2018. This partnership provides physical infrastructure for the startup ecosystem and corporate innovation initiatives.
- Fintertech (大和証券グループ本社100%子会社)minorXTech's financial subsidiary ECloud raised capital from Fintertech and aims to enter the equity crowdfunding investment market.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
XTech competitors and assessment
Company assessmentDirect peers
- Rocket Internet: Berlin-headquartered startup studio and venture builder that creates and scales internet companies globally. Closely comparable to XTech's model of building multiple ventures in parallel with operating talent and capital support.
- Antler: Global early-stage VC and startup studio that builds companies from scratch with founders across multiple geographies. Comparable in combining venture capital funding with structured company-building support.
- Science Inc. US startup studio that operates a venture creation and operating platform model, building and investing in consumer internet businesses. Directly mirrors XTech's studio-plus-capital approach.
- Idealab: Pioneer US-based startup studio founded by Bill Gross that systematically creates and launches internet companies. Most directly comparable to XTech in terms of the studio-centric venture creation thesis.
- SOSV: Global venture capital and accelerator operator (running HAX, IndieBio, etc.) that combines accelerator programs with deep operational support. Comparable as a hybrid VC/studio model.
Broad incumbents
- CyberAgent: Major Japanese internet conglomerate where founder Saijo was COO; operates its own CVC and incubates new businesses internally. Comparable as a Japanese internet platform company builder with VC activity.
- MIXI: Japanese internet company and XTech's JV partner in CrossPocke; comparable as a Japanese internet platform that partners with and invests in adjacent startups.
- JAFCO Group: One of Japan's largest VC firms, operating multiple funds including startup investment programs. Comparable as a Japanese institutional VC with portfolio company-building support.
- Recruit Holdings: Japan-based diversified internet services and HR/media conglomerate that historically launched and spun out businesses. Comparable as a Japanese platform operator with venture-creation heritage.
Regional players
- WiL Ventures: Japan-focused venture capital firm where founder Saijo was previously Co-founder/General Partner. Comparable as a Japan-based, founder-led VC with a focus on mid-career entrepreneurs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
XTech social profiles
Digital presenceXTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
XTech leadership team
Management profileNumber of profiles
Profiles5 records
XTech subsidiaries and ownership
Company hierarchySubsidiaries12 records
XTech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
XTech M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about XTech
What does XTech do?
XTech operates as a Startup Studio that creates new ventures by combining existing industries with technology such as AI, IoT, blockchain, and 5G. The company supports middle-level entrepreneurs by providing risk capital through its XTech Ventures fund, entrepreneurship know-how, and shared infrastructure including xBridge-Tokyo office space. It also provides M&A advisory, executive recruitment, and startup management outsourcing services through subsidiaries.
Is XTech a public or private company?
XTech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was XTech founded?
XTech was founded in 2018. It employs 1 to 10 people.
Where is XTech based?
XTech is headquartered in Tokyo, Japan, in the Asia region.
How does XTech make money?
Four revenue lines are on record. Venture Capital / Fund Management is the primary driver. The others are startup Studio Operations, M&A Advisory and subsidiary Services.
Who are XTech's main competitors?
Direct peers on record are Rocket Internet, Antler, Science Inc., Idealab and SOSV. Broad incumbents are CyberAgent, MIXI, JAFCO Group and Recruit Holdings. WiL Ventures is listed as a regional player.
Does XTech have an API?
No public API is recorded for XTech.
What industry is XTech in?
XTech's product category is Startup Studio & Venture Capital Services. Its primary akta.pro industry code is FSANAHAC, Corporate Venture Studios & Incubators (Build/launch ventures), with a secondary code of FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 52599 and its SIC code is 8742.