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- JapanTaxi
JapanTaxi Funding, Investors & Competitors
JapanTaxi has raised $117M across 5 funding rounds, most recently a $13M strategic investment round in September 2018.
Last JapanTaxi funding round
$13M
Strategic investment · Sep 2018
Cumulative funding JapanTaxi raised
$117M
across 5 funding rounds
Key investors in JapanTaxi
Mirai Creation Fund
NTT DoCoMo
Toyota
Kakao Mobility
About JapanTaxi
JapanTaxi is a Tokyo-based provider of ride-hailing and taxi booking apps serving 40 million users across Japan. Its platform integrates with 60,000 taxis nationwide, offering real-time fare estimates, cashless payments via QR codes, and corporate accounts for businesses. Acquired by e-commerce giant Rakuten in 2018, it processes 10 million rides monthly with expansions into bus and delivery services.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Commission, Subscription
JapanTaxi Funding History
JapanTaxi has raised a total of $117M across 5 funding rounds.
JapanTaxi's first fundraising round was a $5M Series A in September 2017. The most recent completed round was a $13M strategic investment round in September 2018.
JapanTaxi funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2018 | Strategic investment | Kakao Mobility | $13M | - |
| Jul 2018 | Strategic investment | NTT DoCoMo | $20M | JapanTaxi Co. Ltd. is a Japanese company operating a taxi-hailing app and related services. In July 2018, NTT DoCoMo invested in JapanTaxi and entered into a capital and business alliance agreement. This partnership enabled the integration of NTT DoCoMo's 'd Payment' service, which supports barcode payments on smartphones, into JapanTaxi's advertisement tablet devices compatible with QR code payments. The collaboration also aimed to develop new services combining NTT DoCoMo's 'KINMIRAI-NINZUYOSOKU (Near-future Predictions of Populations)' and other technologies. |
| Feb 2018 | Series A | Mirai Creation Fund | $10M | - |
| Feb 2018 | Series B | Toyota (lead); Mirai Creation Fund | $70M | JapanTaxi, an Uber-like ride-hailing service owned by Ichiro Kawanabe who runs Japan's largest taxi operator Nihon Kotsu, received a 7.5 billion JPY ($69 million) investment from Toyota Motor in early 2018, following a prior $4.5 million investment from Toyota's Mirai Creation Fund. Toyota led the round, with funds aimed at developing the service, including connected terminals for taxis, joint vehicle-dispatch systems, and big-data collection. The app also offers fare calculators for offline taxis and ride booking for children. At the time, JapanTaxi claimed four million downloads and partnerships with 60,000 taxis, representing about one-quarter of Japan's taxi drivers. This positioned it strongly in Japan's $15 billion annual taxi industry, where Uber held less than one percent of Tokyo's market. The investment came amid rising competition, with Didi and SoftBank planning a rival service. |
| Sep 2017 | Series A | Mirai Creation Fund (lead) | $5M | - |
Who has invested in JapanTaxi?
4 investors have backed JapanTaxi across its funding rounds, including Mirai Creation Fund, NTT DoCoMo, Toyota and Kakao Mobility.
Lead investors include Toyota and Mirai Creation Fund.
JapanTaxi Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Sep 2017 | ||
| 1 | Participant | Jul 2018 | ||
This data is available for Pro users. Sign up to see all 4 JapanTaxi investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by JapanTaxi
JapanTaxi has invested in 1 company to date.
Latest investment by JapanTaxi was on June 29th 2018. JapanTaxi invested in DennoKotsu in their $1M Series A round.
Latest Investments by JapanTaxi
| Description | DennoKotsu develops and operates taxi dispatch systems in Japan, delivering smartphone-based hailing applications and contract dispatch services to taxi operators nationwide. The Cyber Transporters platform connects passengers with vehicles in real time across urban areas like Tokyo and Osaka, integrating GPS tracking and payment processing for efficient fleet management. |
| HQ Country | |
| HQ City | Tokushima |
| Deal Date | 29 Jun 2018 |
| Round | Series A |
| Raised | $1M |
| Investors | BroadBand Tower; NTT DOCOMO Ventures; Mobility Technologies |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all JapanTaxi investments and their VC round multiples. Start Free Trial | |
JapanTaxi Competitors
JapanTaxi competitors include listed companies like Dassault Systemes, Full Truck Alliance and WiseTech Global, and private ones like Kakao Mobility, Peregrine.ai and Flexport.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $159M | - | $2.7B | - | ||
| Private | $30M | - | $2.5B | 83.3x | ||
| Publicly listed | $7.2B | $2.2B | $32B | 4.0x | ||
| Publicly listed | $1.9B | $676M | $8.4B | 2.8x | ||
| Private | $471M | - | $8B | - | ||
| Publicly listed | $779M | $315M | $7.6B | 6.8x |
JapanTaxi Public Comps
JapanTaxi is still privately-owned, but its public comps include Meta, Uber, Roper Technologies, Dassault Systemes, Bending Spoons, DiDi, Aurora Innovation, Manhattan Associates, Grab and Kakao.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $201B | $104B | 8.8x | 7.4x | 17.0x | 12.7x | |||
| $52B | $6.2B | 3.0x | 2.8x | 24.9x | 14.6x | |||
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $7.2B | $2.2B | 4.0x | 4.0x | 13.2x | 11.2x | |||
| $2.6B | $520M | 11.0x | - | 54.9x | - | |||
| $34B | $68M | 0.4x | 0.3x | 177.8x | 24.4x | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
This data is available for Pro users. Sign up to see all JapanTaxi competitors and their valuation data. Start Free Trial | ||||||||
Common questions about JapanTaxi
| When was JapanTaxi founded? | JapanTaxi was founded in 2011. |
| Where is JapanTaxi headquartered? | JapanTaxi is headquartered in Tokyo, Japan. |
| Is JapanTaxi publicly listed? | No, JapanTaxi is a private, VC-backed company. |
| How much funding has JapanTaxi raised? | JapanTaxi has raised $117M across 5 funding rounds. |
| What was JapanTaxi's last funding round? | JapanTaxi's last funding round was a $13M strategic investment round in September 2018. |
| Who are JapanTaxi's investors? | JapanTaxi's investors include Mirai Creation Fund, NTT DoCoMo, Kakao Mobility and Toyota. |
| Which companies are comparable to JapanTaxi? | Companies comparable to JapanTaxi include Kakao Mobility, Peregrine.ai, Dassault Systemes, Full Truck Alliance, Flexport and WiseTech Global. |
| How many companies has JapanTaxi invested in? | JapanTaxi has invested in 1 company, including DennoKotsu. |
| What was JapanTaxi's last investment? | In June 2018, JapanTaxi invested in DennoKotsu's $1M Series A alongside BroadBand Tower, NTT DOCOMO Ventures and Mobility Technologies. |
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