# Money Forward funding: rounds and investors > Money Forward has raised $42M across 4 rounds since 2013. Investors include Mitsubishi UFJ Capital, Mizuho Capital and SBI Investment. Source: https://millionrounds.com/company/money-forward (Millionrounds; every figure on the page links to its filing or article) Japan · [Series D startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$42M** raised across 4 rounds since 2013, from 4 sources **$5.0M** Venture **$13M** Series B **$13M** Series C **$11M** Series D - **Latest round:** Series D, $11M Oct 2016 - **Biggest round:** $13M Series 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. 2014 2015 2016 **$5.0M** Venture **$13M** Series B **$13M** Series C **$11M** Series D - **First round:** Venture, $5.0M - **Biggest round:** $13M - **Usual gap between rounds:** 11 months ## The rounds - **Oct 2016** Series D **$11M** *6 new* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [IVC](https://millionrounds.com/fund/ivc) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) [Isetan Mitsukoshi Holdings](https://millionrounds.com/fund/isetan-mitsukoshi-holdings) Reported by FinSMEs - **Oct 2015** Series C **$13M** *7 new* [SBI Investment](https://millionrounds.com/fund/sbi-investment) [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co) [Mitsubishi UFJ Financial Group](https://millionrounds.com/fund/mitsubishi-ufj-financial-group) [Shizuoka Bank](https://millionrounds.com/fund/shizuoka-bank) [Toho Bank](https://millionrounds.com/fund/toho-bank) [Yamaguchi Financial Group](https://millionrounds.com/fund/yamaguchi-financial-group) From a historical funding record - **Dec 2014** Series B **$13M** *5 new* [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) [Credit Saison](https://millionrounds.com/fund/credit-saison) [Dentsu](https://millionrounds.com/fund/dentsu) [SOURCENEXT](https://millionrounds.com/fund/sourcenext) Insurance Venture Capital Also list them on their own site [TBS Innovation Par...](https://millionrounds.com/fund/tbs-innovation-par) From a historical funding record - **Oct 2013** Venture **$5.0M** *2 new* [JAFCO](https://millionrounds.com/fund/jafco) [JAFCO Asia](https://millionrounds.com/fund/jafco-investment-asia-pacific-ltd) 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. **Venture** 2013 **Series B** 2014 **Series C** 2015 **Series D** 2016 [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [IVC](https://millionrounds.com/fund/ivc) [JAFCO](https://millionrounds.com/fund/jafco) [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) [JAFCO Asia](https://millionrounds.com/fund/jafco-investment-asia-pacific-ltd) [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co) ## Everyone who backed them [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm **1** round [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) VC firm **1** round [SBI Investment](https://millionrounds.com/fund/sbi-investment) VC firm **1** round [IVC](https://millionrounds.com/fund/ivc) VC firm **1** round [JAFCO](https://millionrounds.com/fund/jafco) Company **1** round [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) VC firm **1** round [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) VC firm **1** round [JAFCO Asia](https://millionrounds.com/fund/jafco-investment-asia-pacific-ltd) Investment firm **1** round [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) VC firm **1** round [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co) Corporate VC **1** round [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) Corporate VC **1** round [Credit Saison](https://millionrounds.com/fund/credit-saison) Corporate VC **1** round [Mitsubishi UFJ Financial Group](https://millionrounds.com/fund/mitsubishi-ufj-financial-group) Corporate VC **1** round [Dentsu](https://millionrounds.com/fund/dentsu) Corporate VC **1** round [Shizuoka Bank](https://millionrounds.com/fund/shizuoka-bank) Growth equity **1** round [Isetan Mitsukoshi Holdings](https://millionrounds.com/fund/isetan-mitsukoshi-holdings) Growth equity **1** round [SOURCENEXT](https://millionrounds.com/fund/sourcenext) Growth equity **1** round [Toho Bank](https://millionrounds.com/fund/toho-bank) Growth equity **1** round [Yamaguchi Financial Group](https://millionrounds.com/fund/yamaguchi-financial-group) Growth equity **1** round Insurance Venture Capital no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=money-forward). ## 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...](https://millionrounds.com/fund/tbs-innovation-par) VC firm 2014, 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. [**Bee Informatica** $912K · Jun 2026](https://millionrounds.com/company/bee-informatica)[**MeetsMore** Feb 2026](https://millionrounds.com/company/meetsmore)[**AccordX** $1.4M · Jul 2025](https://millionrounds.com/company/accordx)[**Leafea** $2.5M · May 2025](https://millionrounds.com/company/leafea)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi) ## 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