Arakan Inc. (Headquarters: Nagoya, Aichi Prefecture; CEO: Kazuhide Tanaka), operator of the used car peer-to-peer (P2P) trading platform 'Kababa,' has conducted a third-party allotment of shares as part of its Series C round to expand its business and organization.

Following this second close, the company's total cumulative funding has reached 1.5 billion yen. The lead investors for this round are Nagoya TV Ventures, Resona Capital, Seiho Investment Works, and Aichi Capital.

Business Objectives Arakan operates 'Kababa' under three core missions: 'eliminating fraud from the used car industry,' 'eliminating waste from used car distribution,' and 'eliminating negotiation from used car trading.' As of the end of May 2026, Kababa's cumulative GMV has reached 19.7 billion yen. In the six years since its launch, it has grown into one of Japan's largest online P2P car trading platforms, with approximately 1.2 million monthly active users and a cumulative total of approximately 4,800 vehicles traded.

Purpose of Funding and Future Outlook The company plans to focus on the following three areas to accelerate service adoption and business growth:

(1) Strengthening Recruitment for Business Growth To improve responsiveness and service quality alongside rising demand, the company will ramp up hiring across diverse roles, including sales, marketing, and engineering.

(2) Sales Promotion and Brand Awareness Arakan will increase marketing investment to become the top-of-mind choice for consumers looking to sell or buy a car.

(3) New Service Development for Improved Convenience Beyond UI/UX improvements, the company aims to enhance the user experience by developing AI-powered features. It will continuously refine its operational processes—covering everything from pricing and payment to title transfer and delivery—to realize a product that 'brings anxiety in P2P transactions close to zero.'

FACT BOX

  • Source: PR TIMES
  • Category: Funding