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UPWARD, a mobile AI agent for field sales, closes its latest round of funding with a target of approximately $1.5 billion.

(Head office: Chiyoda-ku, Tokyo; CEO: Ryusuke Kaneki; hereinafter "UPWARD") has closed its second round of investment in the JIC Venture Growth Fund No. 2, which is managed by new investor JIC Venture Growth Investments, Inc. (headquartered in Minato-ku, Tokyo; Hideki Yarimizu, President and CEO; hereinafter referred to as "JIC Venture Growth Investments"), and closed the second closing of the latest round of funding. As a result, the amount of funds raised in this round reached the target of approximately 1.5 billion yen.

This procurement will accelerate the development of AI functions for field sales and the development of solution packages optimized for each industry.

AI strategy to be accelerated by this financing

UPWARD will further focus on the development of AI agents for field sales (outside sales) by combining location-based technology and AI, which is currently underway. Specifically, UPWARD will use AI to improve the accuracy and multilingualization of functions that support outbound sales, such as automatic recording of customer contact points based on UPWARD's patented proprietary stay detection technology, automatic minute taking for face-to-face business meetings, and automatic recommendation of customers to visit and automatic formulation of visit plans. This is expected to improve customer satisfaction and maximize sales, as field sales representatives, who are responsible for the last mile to the customer, can focus on essential customer-facing tasks instead of being caught up in ancillary tasks. Furthermore, by providing a solution package of functions optimized for specific industries, we will solve the challenges of industry-specific field sales.

In order to fulfill our Purpose, "to draw out the creativity of field workers and accelerate the growth of companies and society," we will make further efforts to strengthen our development system and expand our customer base for discontinuous growth.

Service Site: https://upward.jp/
"UPWARD" Introductory Materials: https://upward.jp/downloads/allservicematerials/

 Please watch the following video for an overview of UPWARD's AI features.

ABOUT UPWARD CORPORATION

UPWARD CO., LTD. PROVIDES DX SERVICES SPECIALIZED IN SOLVING ISSUES OF FIELD WORKERS WHO VISIT THE FIELD AND CREATE VALUE THROUGH OFFLINE CONTACT WITH CUSTOMERS, BASED ON ITS PURVIEW OF "DRAWING OUT THE CREATIVITY OF FIELD WORKERS AND ACCELERATING THE GROWTH OF COMPANIES AND SOCIETY". BY LEVERAGING TECHNOLOGY TO CREATE AN ENVIRONMENT IN WHICH WORKERS CAN PERFORM THEIR TASKS WITH A SINGLE MOBILE DEVICE, WE AIM TO CREATE A WORLD IN WHICH THEY CAN BE ACTIVE REGARDLESS OF WHERE AND HOW THEY WORK.

About Us

Company Name

UPWARD, Inc.

Location

Marunouchi 1-4-1, Chiyoda-ku, Tokyo 100-0005 Marunouchi Building 26th Floor

Representative

Representative Director & CEO: Ryosuke Kaneki

Founded

July 2016

Capital Stock

1 Billion Yen

Business Description

Development and provision of the sales engagement service "UPWARD"

Media Inquiries

UPWARD, Inc., Corporate Group Headquarters, PR Team

Tel

03-6897-3683

Mail

pr@upward.jp

*Company names mentioned in this text are the registered trademarks or trademarks of their respective companies.

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Please feel free to inquire about UPWARD's services and company information.We welcome your questions.