LayerX Inc. is pleased to announce that it has raised a total of 15 billion yen in Series B funding, led by TCV. Other investors include MUFG Bank and Mitsubishi UFJ Innovation Partners, Coreline Ventures, JAFCO Group (JAFCO), Keyrock Capital Management, and JP Investment.
TCV is a growth equity investor that has invested in leading global growth companies such as Netflix, Spotify, ByteDance, Revolut, and Toast. This marks their first investment in a Japanese startup.
The company plans to use this funding to further expand its business, including strengthening recruitment of personnel, primarily engineers. In particular, with regard to personnel, the company aims to create a globally competitive compensation system in the future by improving productivity through the use of AI.
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LayerX is an AI startup with the mission of “digitizing all economic activity,” and is engaged in a range of businesses including AI SaaS, Fintech, and AI/LLM.
The AI SaaS “Bakuraku” business is an AI cloud service that simplifies and streamlines corporate back-office operations such as approval requests, expense reimbursements, invoice receipt and issuance, and corporate cards through automatic judgment and input assistance by AI agents. It has been adopted by a total of 15,000 companies, from startups to large corporations, and in 2024 it is expanding into the human resources field, including attendance management services.
In the Fintech business, Mitsui & Co. Digital Asset Management, a joint venture with Mitsui & Co., Ltd., provides “Alterna,” an asset management service for individuals that utilizes digital securities. The company has established a total of 17 digital securities funds, the most in Japan, and the cumulative investment amount for “Alterna” has exceeded 25 billion yen.
In the AI/LLM business, we have developed the generative AI platform “Ai Workforce,” which is steadily being adopted by large companies such as Mitsui & Co. and Mitsubishi UFJ Bank.
The funds raised this time will be used to hire talented personnel including engineers, expand the sales organization, build a competitive compensation system that realizes an AI-first work style, and improve work productivity through the use of AI. Through these efforts, we will work to create an environment where it is easier for employees to continue working for us for a longer period of time. Under our code of conduct, “Bet AI,” which was updated in April 2025, the entire company will work together to accelerate the social implementation of AI.
SOURCE: PRTimes