Raised a total of over 1.8 billion yen from studyists such as Mitsui Fudosan "31 VENTURES Growth" and Singapore's Pavilion Capital.

-Promote sales expansion and overseas business expansion through underwriters, and start consulting business-

Studyist Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, CEO: Satoshi Suzuki, hereinafter referred to as "studist"), which provides the study procedure manual creation and sharing platform "Teachme Biz" and the sales promotion PDCA management platform "Hansoku Cloud" Announces that it has raised a total of 1.85 billion yen through a capital increase through third-party allotment. In this round, in addition to existing investors DNX Ventures, Nippon Venture Capital, Salesforce Ventures, the investment division of Salesforce.com, 31VENTURES-Global Brain, a venture investment business jointly operated by Mitsui Fudosan and Global Brain. Brain-Growth I Business, Pavilion Capital PTE. LTD., A private equity fund under Temasek Holdings, an investment company owned by the Singaporean government, and Hakuhodo DY Ventures (CVC of Hakuhodo DY Group) are new underwriters. .. The main purpose of this financing is to expand sales of "Teachme Biz" and "Hansoku Cloud" through Mitsui Fudosan Group and Hakuhodo DY Group companies, and to accelerate business development in Southeast Asia through Pavilion Capitail. The funds raised will be used mainly for improving the functions of "Teachme Biz" and "Hansoku Cloud" and strengthening sales staff. In addition, we will start the consulting business in earnest in May 2021 and strengthen the recruitment of human resources involved in this business.

Studyist CEO Satoshi Suzuki

The purpose of this financing is to significantly expand the business through alliances with new underwriters. Details of each company and business synergies are as follows.・ 31VENTURES-Global Brain-Growth I Business operator: Mitsui Fudosan Co., Ltd. (Headquarters: Chuo-ku, Tokyo, President: Masanobu Komoda) and Global Brain Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, President: Yasuhiko Yurimoto) Mitsui Fudosan operates many commercial facilities such as "Mitsui Shopping Park LaLaport" and "Mitsui Outlet Park", and we can expect to expand sales channels to the retail industry, which is the main customer of "Teachme Biz". In addition, the Mitsui Fudosan Group has already promoted the use of "Teachme Biz" at Mitsui Designtec Co., Ltd., and will continue to promote digital transformation (DX) through the introduction of "Teachme Biz" to each company of the Mitsui Fudosan Group. I plan to contribute.・ Pavilion Capital PTE. LTD. A private equity fund study under the umbrella of Singapore's government-affiliated investment company Temasek Holdings started business in Thailand in February 2018, and in 2020, 70% of the business is in the corona. We are expanding our business steadily with growth. The business started in Malaysia in January 2020, but in order to further expand the business in Southeast Asia as a whole, it will receive an investment from Pavilion Capital, which is under the umbrella of Temasek Holdings, which boasts tremendous influence in the region. have become.・ HAKUHODO DY FUTURE DESIGN FUND Hakuhodo DY Ventures Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Akihiko Tokuhisa) We provide marketing solutions. The study's sales promotion PDCA management platform "Hansoku Cloud" and the visualization manual "Teachme Biz" have a high affinity with the business of the Hakuhodo DY Group, and we believe that cooperation will contribute to the growth of both businesses. It came to. The study will use this funding as an opportunity to promote sales expansion of "Teachme Biz" and "Hansoku Cloud" through Mitsui Fudosan Group and Hakuhodo DY Group companies, and expansion of overseas business centered on Southeast Asia through Pavilion Capital. I plan to go. In the overseas business, we aim to achieve sales of 300 million yen in the fiscal year ending February 20, 2025, including Studist (Thailand) Co., Ltd. In addition, from May 2021, in introducing "Teachme Biz", in order to solve customers' problems more, demonstration experiments and effect verification before introduction, business arrangement after introduction, transfer support of existing procedure manuals, utilization promotion support We will also start a full-scale consulting business that provides such services. Raising amount: 1.85 billion yen Raising method: Third-party allotment Capital increase Investor: New underwriter ・ Mitsui Fudosan Co., Ltd./Global Brain Co., Ltd. “31VENTURES-Global Brain-Growth I Business” ・ Pavilion Capital PTE. LTD・ Hakuhodo DY Ventures Co., Ltd. “HAKUHODO DY FUTURE DESIGN FUND” additional underwriters (existing investors) ・ DNX Ventures ・ Japan Venture Capital Co., Ltd. Comment from Atsumi Kanaya, General Manager of Venture Co-creation Business Department We recognize that the services provided by Studyist not only contribute to improving business processes and productivity of many companies, but also lead to human resource development. increase. Mitsui Fudosan also believes that improving the productivity and human resource development of the Group and tenants are extremely important for improving customer satisfaction. Taking this investment as an opportunity, we will promote DX of the Group together with Studyist and aim to provide higher quality services. ■ Pavilion Capital International Pte. Ltd. Head, Japan Investments CHOUN Chee Kong Comment I sympathize with the possibility of the studyist's expansion into Asia, and have made an investment this time. We have already expanded our business in Thailand and Malaysia, but we expect that we will grow rapidly into a global company by supporting collaboration with our investment destinations and expansion of sales channels in Southeast Asia. Doing. ■ HAKUHODO DY FUTURE DESIGN FUND Hakuhodo DY Ventures Managing Partner / Director COO Hironori Takeda Comment Studyist visualizes "Teachme Biz", which supports the creation of visual-based electronic manuals, and the in-store realization rate of retail stores. By developing the managed "Hansoku Cloud", we are contributing to productivity improvement by eliminating information transmission loss within the company. In the future, I would like to combine the ideas of consumers and creativity of the Hakuhodo DY Group and take on the challenge of the studyist's mission of "making it easier to convey." ■ DNX Ventures Managing Partner & Head of Japan Mr. Yo Kurabayashi Comment DNX will make an additional investment following the 2019 round. Teachme Biz is a leading player in the field of domestic visual SOP, and last year released a new function "Training", which enables new value appeal. The sales promotion PDCA management platform "Hansoku Cloud" newly released as Vertical SaaS for the retail industry has already shown high effectiveness in demonstration experiments with multiple retail companies. We hope that Studyst's DX platform will continue to realize digitalization and efficiency for domestic and overseas customers. ■ Comment from Mr. Minoru Tagaya, President and CEO of Nippon Venture Capital Co., Ltd. This is the fifth investment since we made the first investment from our fund in 2014. The reason why we have invested in all five times is not only that we have experienced the support of our main product "Teachme Biz" from customers and our expectations for the new product "Hansoku Cloud", but also that we are solid. It is also a trust in the corporate management stance. By welcoming new partners this time, we believe that we will be able to deliver even more value to our customers. ■ Salesforce.com, Inc. Salesforce Ventures Managing Executive Officer Japan Representative Ken Asada Comment We are pleased to continue to support Studyst through participation in the third round of funding from Series A. Teachme Biz and Salesforce have already collaborated on a collaborative service called "Teachme Biz for Salesforce," which is a powerful tool for promoting and retaining Salesforce users. We hope that Studyist will continue to contribute to improving the intellectual vitality of companies through Teachme Biz and Hansoku Cloud. Location: 1-6 Kanda Nishikicho, Chiyoda-ku, Tokyo Established on the 9th floor of Sumitomo Corporation Nishikicho Building: March 19, 2010 Capital: 2,534.08 million yen (including capital reserve) Representative: Satoshi Suzuki, CEO Business description: Development and sales of visual SOP management platform "Teachme Biz" and sales promotion PDCA management platform "Hansoku Cloud" Website: https://studist.jp/ Visual SOP under the mission of "Easier to convey." Developed and sold the management platform "Teachme Biz" and the sales promotion PDCA management platform "Hansoku Cloud". A startup with the vision of "creating a society full of intellectual vitality, full of joy to know, think, and create" by eliminating information transmission loss in companies. Teachme Biz Website https://biz.teachme.jp/Hansoku Cloud Website https://biz.hansoku-cloud.jp/

This press release contains information for the media.

If you register as a media user, you can view various special information such as contact information of the person in charge of the company and information on events and press conferences. * Contents vary depending on the press release.