Japan · Series D startup

Who invested in Money Forward

4 rounds we have observed, with the 20 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.

Fintech

Funding summaryUpdated 26 Oct 2026

$42Mraised across 4 rounds since 2013, from 4 sources

$5.0MVenture$13MSeries B$13MSeries C$11MSeries D
Latest round
Series D, $11MOct 2016
Biggest round
$13MSeries C · Oct 2015
Investors
20
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.

201420152016
$5.0MVenture$13MSeries B$13MSeries C$11MSeries D
First round
Venture, $5.0M
Oct 2013
Biggest round
$13M
Series C · Oct 2015
Usual gap between rounds
11 months
the median of 3

The rounds

  1. Oct 2016
  2. Oct 2015
  3. Dec 2014
    Series B$13M5 new

    Also list them on their own siteTBS Innovation Par...

    From a historical funding record

  4. Oct 2013
    Venture$5.0M2 new

    Reported by thebridge.jp

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.

Everyone who backed them

Mizuho CapitalVC firm1round
SBI InvestmentVC firm1round
IVCVC firm1round
JAFCOCompany1round
JAFCO AsiaInvestment firm1round
Shizuoka CapitalVC firm1round
Mitsui & CoCorporate VC1round
GMO VenturePartnersCorporate VC1round
Credit SaisonCorporate VC1round
DentsuCorporate VC1round
Shizuoka BankGrowth equity1round
Isetan Mitsukoshi HoldingsGrowth equity1round
SOURCENEXTGrowth equity1round
Toho BankGrowth equity1round
Yamaguchi Financial GroupGrowth equity1round
Insurance Venture Capitalno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Money Forward 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.

TBS Innovation Par...VC firm2014, per its site

Quick answers about Money Forward

Who invested in Money Forward?

Money Forward's investors include Mitsubishi UFJ Capital, Mizuho Capital, SBI Investment, IVC and JAFCO, and 15 more on record.

How much has Money Forward raised?

Money Forward has raised $42M across 4 rounds since 2013.

When did Money Forward last raise?

Money Forward's most recent round was a Series D of $11M in Oct 2016.

What was Money Forward's biggest round?

Money Forward's largest round on record is $13M (Series C), in Oct 2015.

Who backed Money Forward first?

Money Forward's first round on record, in Oct 2013, was backed by JAFCO and JAFCO Asia.

What stage is Money Forward at?

Money Forward's latest named round is a Series D, in Oct 2016.

Where is Money Forward based?

Money Forward is based in Japan.

Companies like Money Forward

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

Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.