# HERP funding: rounds and investors > HERP has raised $16M across 2 rounds since 2019. Investors include DCM Ventures, DNX Ventures and Japan Finance Corporation. Every round with its source. Source: https://millionrounds.com/company/herp (Millionrounds; every figure on the page links to its filing or article) Japan · [Series C startup](https://millionrounds.com/companies) # Who invested in *HERP* 2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Media Raised 3 months ago Funding summary Updated 26 Oct 2026 **$16M** raised across 2 rounds since 2019, from 2 sources **$4.3M** Series A **$12M** Series C - **Latest round:** Series C, $12M Aug 2026 - **Step-up i:** 2.8× - **Investors:** 4 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 2022 2023 2024 2025 2026 **$4.3M** Series A **$12M** Series C - **First round:** Series A, $4.3M - **Biggest round:** $12M - **Between rounds:** 7 years ## The rounds - **Aug 2026** Series C **$12M** *2 new* *2 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) [JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) Source recorded - **Aug 2019** Series A **$4.3M** *2 new* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2019 **Series C** 2026 [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) [JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) ## Everyone who backed them [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **2** rounds [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) VC firm **2** rounds [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) Investment firm **1** round [JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=herp). ## Also claim to have backed them This firm lists HERP as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Coreline Ventures](https://millionrounds.com/fund/coreline-ventures) VC firm Per its own site ## Quick answers about HERP ### Who invested in HERP? HERP's investors include DCM Ventures, DNX Ventures, Japan Finance Corporation and JIC Venture Growth Investments. ### How much has HERP raised? HERP has raised $16M across 2 rounds since 2019. ### When did HERP last raise? HERP's most recent round was a Series C of $12M in Aug 2026. ### What was HERP's biggest round? Its most recent round, $12M in Aug 2026, is also its largest on record. ### Who backed HERP first? HERP's first round on record, in Aug 2019, was backed by DCM Ventures and DNX Ventures. ### What stage is HERP at? HERP's latest named round is a Series C, in Aug 2026. ### Where is HERP based? HERP is based in Japan. ## Companies like HERP In the same sector, and raised in the last eighteen months. [**NeoRealX** $3.4M · May 2026](https://millionrounds.com/company/neorealx)[**YOAKE Entertainment** $3.2M · Feb 2026](https://millionrounds.com/company/yoake-entertainment)[**Note** $13M · Nov 2025](https://millionrounds.com/company/note)[**TicketMe** $346K · Jun 2025](https://millionrounds.com/company/ticketme)[**KAUCHE** $6.9M · Jun 2025](https://millionrounds.com/company/kauche)[**Utoniq** $3.6M · May 2025](https://millionrounds.com/company/utoniq) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app