What is ChatWork?
ChatWork operates within the internet software industry, offering a comprehensive communication platform designed for businesses and teams. The company's core objective is to simplify business communications and empower faster decision-making. Developed out of a need for more effective internal tools, ChatWork has gained traction by providing a user-friendly solution accessible across major browsers and smartphone devices. Its decade-long presence in the market reflects a sustained effort to address the challenges of team connectivity and workflow management.
How much funding has ChatWork raised?
ChatWork has raised a total of $15.3M across 2 funding rounds:
Series A
$2.5M
Series B
$12.8M
Series A (2015): $2.5M with participation from GMO VenturePartners
Series B (2016): $12.8M led by GMO VenturePartners, SMBC Venture Capital, Shinsei Corporate Investment Limited, and JAFCO
Key Investors in ChatWork
GMO VenturePartners
GMO VenturePartners is a venture capital firm specializing in IT startups, particularly in the fintech sector across Japan, the USA, India, and Southeast Asia. They offer extensive support to entrepreneurs through deep knowledge and strategic partnerships.
SMBC Venture Capital
SMBC Venture Capital, part of Sumitomo Mitsui Banking Corporation, provides financial services including retail banking, corporate banking, and investment banking, supporting a wide range of business needs.
Shinsei Corporate Investment Limited
Shinsei Corporate Investment Limited offers innovative financial solutions and leverages its expertise and networks within the Shinsei Bank Group to support portfolio companies' growth and value improvement.
What's next for ChatWork?
The substantial enterprise-level backing ChatWork has received, particularly the recent strategic investment, positions the company for accelerated growth and market expansion. This infusion of capital is likely to fuel further development of its communication and collaboration features, enhance its technological infrastructure, and broaden its customer acquisition efforts. The company's focus on simplifying business communications suggests a strategic direction towards becoming an indispensable tool for modern enterprises seeking to optimize their operational efficiency and team synergy.
See full ChatWork company page
