U-ZERO, which supports employee engagement reform to enhance work fulfillment and eliminate unhappy workers (Headquarters: Otemachi, Chiyoda-ku, Tokyo; Representative Director CEO and CPO: Masamune Mimura), has raised a total of 950 million yen in its first close of the seed funding round. Investors include Masao Hirano, who serves as a special advisor to U-ZERO, as well as Allen Miner and Mike Eberhard, investors who have led the Japanese SaaS market, Fujitsu Ventures Ltd., and Global Hands-On VC, Inc. Additionally, the company announced that Mike Eberhard, one of the investors, has been appointed as a special advisor to U-ZERO to accelerate future business growth.
Major Investors - Masao Hirano (Professor, Waseda Business School) - Allen Miner (Founder, Representative Director, Chairman and CEO, SunBridge Group) - Mike Eberhard (Former President, Concur Technologies) - Fujitsu Ventures Ltd. - Global Hands-On VC, Inc.
Use of Funds The raised funds will be allocated for the following purposes: - Further product development and feature improvement - Strengthening the organizational structure through recruitment - Enhancing sales and marketing for business expansion
Comment from Masamune Mimura, Representative Director CEO and CPO, U-ZERO "While many companies place importance on initiatives to increase work fulfillment, many challenges remain in achieving it. One year since the launch of U-ZERO's service, it has already been introduced to over 50 companies, and we strongly feel the significant need for addressing this social issue. This funding is a major step toward accelerating our challenge of solving these problems and creating a future where everyone feels happy and fulfilled in their work. U-ZERO will continue to develop innovative systems to enhance work fulfillment and support the future of companies and their employees."
FACT BOX
- Source: PR TIMES
- Category: Funding
- Organizations: Concur Technologies