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News Release
16
.
07
.
24
Company

UPWARD, Inc., which provides cloud services for field sales that leverage CRM and location information, raises a total of 200 million yen from VCs

UPWARD, Inc. (Headquarters: Chuo-ku, Tokyo; President and CEO: Takanori Kaneki; hereinafter UPWARD) has conducted a third-party allocation of shares with Draper Nexus Venture Partners III, LLC (Headquarters: San Mateo, California) and Japan Venture Capital Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Shuichi Okuhara) as the recipients. As a result, UPWARD has raised a total of 200 million yen.

Furthermore, to expand our business and unify our corporate brand, we relocated our headquarters from Yokohama, Kanagawa Prefecture to Chuo-ku, Tokyo on July 25, 2016, and changed our company name to UPWARD, Inc. (Upward, Inc.).

UPWARD's mission is to "provide an easy-to-use location information service and realize a world where business people can work comfortably," and it is a cloud service that improves the productivity of field sales operations through advanced integration and utilization of Salesforce CRM with maps and location information.

Currently, approximately 140 companies, mainly major manufacturers and service providers, have implemented our services, and we anticipate continued growth in the future. Recently, a major machinery manufacturer adopted our service to support the activities of approximately 1,600 field sales personnel nationwide.

With the funds raised this time, we will actively pursue further UI/UX improvements and functionality enhancements centered on automation, as well as strengthen our support system for existing customers. Under the new company name of UPWARD, Inc., we aim to further advance and grow our business.

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.