What 株式会社FUNDINNO does

株式会社FUNDINNO, originally incorporated as 日本クラウドキャピタル (Japan Cloud Capital Co., Ltd.) on November 26, 2015, by Yuki Shibahara and Manabu Oura, operates Japan's leading digital infrastructure for unlisted-equity capital formation and administration. The company runs an integrated platform comprising six products: FUNDINNO, Japan's first equity crowdfunding service allowing individual investors to participate from approximately ¥100,000 in ventures targeting IPO or M&A; FUNDINNO PLUS+, a Type I Financial Instruments Business for accredited and qualified institutional investors to access mid-to-late-stage angel opportunities; FUNDINNO MARKET, Japan's first online mechanism for trading unlisted shares through a shareholder-community system; FUNDINNO MARKET PLUS+, providing pre-IPO liquidity for unlisted shares and stock options; FUNDOOR, a lawyer-reviewed cloud management SaaS for shareholder, board, and IR administration; and FUNDINNO GROWTH, a wholly owned subsidiary offering growth consulting and licensed personnel placement (13-yu-310754) to portfolio startups.

The underlying technology is a digital platform consolidating functions traditionally dispersed across multiple intermediaries — capital formation, digital disclosure and reporting, shareholder administration, and legally compliant secondary trading of unlisted securities — under a single architecture led by CTO Kohei Kamiya. FUNDOOR is additionally white-labeled to Mitsubishi UFJ Financial Group as 'MUFG FUNDOOR', embedding the platform inside Japan's largest banking group. FUNDINNO is registered with the Kanto Finance Bureau as Japan's first Type I Small-Amount Electronic Offering Business and, since 2022, as a Type I Financial Instruments Business Operator (No. 2957).

The business model combines transaction fees from equity crowdfunding and secondary-market trading, recurring SaaS subscription revenue from FUNDOOR (including MUFG-distributed white-label deployments), and professional services revenue from FUNDINNO GROWTH. Customers span three primary segments: individual retail investors seeking low-minimum unlisted-equity exposure, accredited investors and qualified institutional investors, and unlisted venture companies seeking alternative funding and corporate-governance infrastructure. All operations are concentrated in Japan, with the Tokyo Stock Exchange Growth Market listing completed on December 5, 2025 under securities code 462A.

Name

株式会社FUNDINNO

Legal name

株式会社FUNDINNO

Website

https://corp.fundinno.com

Company type

Public

Founded year

2015

Operating status

Ipo

Headcount range

1–10 employees

Short description

株式会社FUNDINNO operates Japan's leading integrated digital platform for unlisted-equity capital formation, governance, and trading, serving retail investors, accredited investors, and venture companies through equity crowdfunding, secondary-market trading, and SaaS products.

Ownership category

akta.pro rank

Product category

Equity Crowdfunding & Unlisted Securities Platform

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)

Keywords

• Equity crowdfunding
• Unlisted securities trading
• Angel investment platform
• Shareholder management software
• Alternative investment platform

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. FUNDINNO Transaction Fees: Transaction fees from equity crowdfunding service where individual investors can invest from approximately ¥100,000 in unlisted venture companies targeting IPO or M&A.
2. FUNDINNO PLUS+ Financial Instrument Transactions: Type 1 financial instruments business operation providing angel investment opportunities in mid to late-stage companies for accredited investors and qualified institutional investors.
3. FUNDOOR SaaS Platform: Cloud management software subscription for shareholder management, shareholder meetings, board meetings, financial management, and IR distribution. Also includes white-label arrangement with MUFG.
4. FUNDINNO MARKET Secondary Trading: Secondary market fees from trading unlisted company shares between investors through shareholder community system.
5. FUNDINNO MARKET PLUS+ Liquidity Services: Secondary service providing liquidity for unlisted shares and stock options before IPO or M&A, serving shareholders, employees, institutional investors, and VCs.
6. FUNDINNO GROWTH Consulting and Staffing: Subsidiary providing growth support consulting and personnel introduction services for startups, with licensed placement services (13-yu-310754).

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels5 records

Core offering

株式会社FUNDINNO operates Japan's first equity crowdfunding service (FUNDINNO), enabling individual investors to invest from approximately ¥100,000 in unlisted venture companies targeting IPO or M&A. The company also offers FUNDINNO PLUS+ for accredited/professional angel investors, FUNDOOR cloud-based corporate governance SaaS, FUNDINNO MARKET for internet-based secondary trading of unlisted shares, FUNDINNO MARKET PLUS+ for liquidity services on stock options and unlisted shares, and FUNDINNO GROWTH consulting/recruitment services through a wholly-owned subsidiary.

Product overview

株式会社FUNDINNO operates a platform-plus-services architecture centered on equity crowdfunding (FUNDINNO) with multiple integrated modules: FUNDINNO PLUS+ for professional angel investment, FUNDINNO MARKET for unlisted stock trading, and FUNDINNO MARKET PLUS+ for secondary market liquidity. FUNDOOR is a complementary cloud management SaaS for shareholder administration, board meetings, and IR. FUNDINNO GROWTH is a subsidiary providing growth consulting and recruitment services. The company is a registered Type I Financial Instruments Business Operator (Kanto Finance Bureau) and went public on Tokyo Stock Exchange Growth Market in December 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• FUNDINNO Japan's first equity crowdfunding service, allowing individual investors to invest from approximately ¥100,000 in venture companies targeting IPO or M&A. Holds the No. 1 domestic market share position in equity crowdfunding.
• FUNDINNO PLUS+ Angel investment service targeting mid-to-late stage companies with relatively higher potential for IPO or M&A. Provides Type 1 Financial Instruments Business access previously limited to certain VCs and overseas institutional investors, for accredited investors and qualified institutional investors.
• FUNDOOR Lawyer-reviewed cloud management software supporting shareholder management, shareholder meetings, board meetings, financial management, and IR distribution on a single platform for venture companies. Available as a direct SaaS subscription and as a white-label product (MUFG FUNDOOR).
• FUNDINNO MARKET Japan's first internet-based mechanism enabling online buy and sell orders for unlisted company shares, using a shareholder community system so investors can place orders anytime online.
• FUNDINNO MARKET PLUS+ Secondary market service enabling sale and liquidation of unlisted stocks and stock options before IPO or M&A, providing liquidity to corporate shareholders, employees, institutional investors and VCs.
• FUNDINNO GROWTH Wholly-owned subsidiary providing growth support services to startups that raised capital through FUNDINNO, including recruitment assistance in cooperation with major VCs. Licensed placement agency (license 13-ユ-310754).

Quantifiable outcome

• Created comprehensive digital platform for unlisted securities market combining capital formation, disclosure, shareholder administration, and trading functions

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Mitsubishi UFJ Financial Group (MUFG)flagshipOEM/ Whitelabel/ Licensing Partner · 5 December 2025White-label licensing arrangement for FUNDOOR cloud management software to MUFG, operating as 'MUFG FUNDOOR'. Enables MUFG to provide corporate governance tools to their clients.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Republic: US multi-asset private investment platform combining equity crowdfunding, secondary trading, and crypto offerings. Comparable for the integrated primary + secondary model and for retail investor onboarding into private markets.
• OurCrowd: Israel-headquartered online venture investing platform with global investor base and dedicated funds. Comparable to FUNDINNO PLUS+ in targeting accredited investors in mid-to-late-stage companies and operating as a regulated investment intermediary.
• Crowdcube: UK-based equity crowdfunding platform for unlisted companies with retail and accredited investor access. Comparable to FUNDINNO in business model (issuer-funded capital raise, secondary market optionality) and in regulatory regime as a regulated intermediary.
• Wefunder: US-based equity crowdfunding platform operating under Regulation Crowdfunding, allowing small-ticket retail investments in startups. Closely comparable on low-minimum retail crowdfunding and democratized-access positioning.
• Seedrs (now Republic Europe): Equity crowdfunding platform operating in Europe that enables retail investors to invest in startups alongside VCs. Most directly comparable to FUNDINNO's core capital-formation service for unlisted companies and provides a benchmark for platform fees and investor experience.

Broad incumbents

• Rakuten Securities: One of Japan's largest online brokers with a broad retail customer base and existing banking relationship with FUNDINNO (Rakuten Bank). Represents the broader incumbent threat that could add equity crowdfunding or private-market offerings to its existing platform.
• SBI Securities: Japan's largest online brokerage and part of the broader SBI Group that includes SBI Investment (one of Japan's most active VCs). A broad incumbent that could extend into unlisted equity distribution and compete with FUNDINNO across the funnel.
• Monex Group: Japanese online brokerage group with retail and crypto trading platforms. Relevant as a broad incumbent that could move into private-market offerings or replicate FUNDOOR-style corporate governance services for listed and pre-IPO issuers.
• Diligent (Galvanize/Board): Global corporate governance SaaS vendor offering board and entity management software. Comparable to FUNDOOR's corporate-governance, board-meeting, and entity-administration modules and a benchmark for enterprise SaaS pricing at scale.

Emerging players

• AngelList (now AngelList Venture): US platform providing deal syndication, fund administration, and roll-up vehicles for startup investors. Comparable to FUNDINNO PLUS+ for accredited angel investment, though operates primarily outside Japan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cloudcapital1
• Facebookfacebook.com/100057559267287
• LinkedInlinkedin.com/company/%E6%A0%AA%E5%BC%8F%E4%BC%9A%E7%A4%BEfundinno

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 株式会社FUNDINNO