# Kyash funding: rounds and investors

> Kyash has raised $59M across 2 rounds since 2019. Investors include Goodwater Capital, Mitsubishi UFJ Capital and SMBC Venture Capital.

Source: https://millionrounds.com/company/kyash (Millionrounds; every figure on the page links to its filing or article)

Japan · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Kyash*

2 rounds we have observed, with the 5 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.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$59M** raised across 2 rounds since 2019, from 2 sources

**$14M** Series B **$45M** Series D

- **Latest round:** Series D, $45M Mar 2022
- **Step-up i:** 3.2×
- **Investors:** 5 (1 led)

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

**$14M** Series B

**$45M** Series D

- **First round:** Series B, $14M
- **Biggest round:** $45M
- **Between rounds:** 2.7 years

## The rounds

- **Mar 2022** Series D **$45M** *3 new* *2 returning* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [StepStone Group](https://millionrounds.com/fund/stepstone-group) Source recorded
- **Jul 2019** Series B **$14M** *2 new* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) Lead [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) Reported by TechCrunch

## 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 B** 2019 **Series D** 2022 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) L [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [StepStone Group](https://millionrounds.com/fund/stepstone-group)

## Everyone who backed them

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **2** rounds, led 1

[Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm **2** rounds

[SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank **1** round

[Altos Ventures](https://millionrounds.com/fund/altos-ventures) VC firm **1** round

[StepStone Group](https://millionrounds.com/fund/stepstone-group) Fund of funds **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=kyash).

## Also claim to have backed them

These 2 firms list Kyash as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Broadhaven Venture...](https://millionrounds.com/fund/broadhaven-venture) VC firm Per its own site

[W inc.](https://millionrounds.com/fund/w-inc) VC firm Per its own site

## Quick answers about Kyash

### Who invested in Kyash?

Kyash's investors include Goodwater Capital, Mitsubishi UFJ Capital, SMBC Venture Capital, Altos Ventures and StepStone Group.

### How much has Kyash raised?

Kyash has raised $59M across 2 rounds since 2019.

### When did Kyash last raise?

Kyash's most recent round was a Series D of $45M in Mar 2022.

### What was Kyash's biggest round?

Its most recent round, $45M in Mar 2022, is also its largest on record.

### Who backed Kyash first?

Kyash's first round on record, in Jul 2019, was backed by Goodwater Capital and Mitsubishi UFJ Capital.

### What stage is Kyash at?

Kyash's latest named round is a Series D, in Mar 2022.

### Where is Kyash based?

Kyash is based in Japan.

### Who led Kyash's rounds?

Goodwater Capital led the Series B in 2019.

## Companies like Kyash

In the same sector, and raised in the last eighteen months.

[**Bee Informatica** $912K · Jun 2026](https://millionrounds.com/company/bee-informatica)[**FUNDiT** May 2026](https://millionrounds.com/company/fundit)[**Hakki Africa** $3.8M · Apr 2026](https://millionrounds.com/company/hakki-africa)[**Metaplanet** $505M · Mar 2026](https://millionrounds.com/company/metaplanet)[**ReDelta** $764K · Mar 2026](https://millionrounds.com/company/redelta)[**MeetsMore** Feb 2026](https://millionrounds.com/company/meetsmore)

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