Leaner Technologies Inc. has raised a total of 700 million yen through long-term loans and commitment lines from The Shoko Chukin Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank, and Resona Bank, as unsecured, unguaranteed, and non-dilutive debt financing.
The funds will be used to strengthen the entire business, primarily by enhancing the functionality of the “AI Spend Management Platform” and developing and promoting the “Procurement AI Agent,” thereby providing strong support for customers in creating a competitive advantage.
Up until now, Leaner has been developing and providing AI and DX promotion services that enhance corporate procurement and purchasing operations, with the mission of “continuing to reinvent the standards of procurement.”
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We are working to fundamentally transform Japanese procurement operations through the use of digital technology to address challenges such as inefficiencies stemming from long-standing practices and increasing complexity due to changes in the external environment, thereby contributing to creating a competitive advantage for Japanese companies as a whole.
On this occasion, we have raised a total of 700 million yen through long-term loans and commitment lines from financial institutions as unsecured, unguaranteed, and non-dilutive debt financing.
The reason behind this debt financing without any equity financing is that financial institutions have highly evaluated our sustainable high growth potential and financial soundness based on our solid business foundation.
We also believe that this award is the result of a high evaluation of the intrinsic value of our “services that transform the procurement field,” which go beyond simply improving efficiency and contribute deeply to resolving our customers’ management challenges.
The company completed its Series B equity round of approximately 1.5 billion yen in October 2024, and this debt financing will be a strategic fundraising step to further accelerate its business growth.
The funds raised this time will be used primarily to strengthen the business in order to maximize the value it provides.
Specifically, we are investing heavily in the “AI Expenditure Management Platform,” which uses AI to automatically classify and visualize the actual situation by item; the “Procurement AI Agent,” which eliminates the dependency on individuals in procurement operations and enhances their sophistication; and the “Procurement Consulting Business,” which supports the promotion of procurement AI and DX.
This will dramatically increase the speed at which customers can identify procurement issues, dramatically improve operational efficiency, and strongly support customers in creating a competitive advantage.
SOURCE: PRTimes


