# SmartHR funding: rounds and investors

> SmartHR has raised $109M across 2 rounds since 2018. Investors include 500 Startups Japan, East Ventures and General Atlantic. Every round with its source.

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

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

# Who invested in *SmartHR*

2 rounds we have observed, with the 7 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.

Cloud

Raised 12 months ago Valuation: $1.6B, Mar 2026

Funding summary Updated 26 Oct 2026

**$109M** raised across 2 rounds since 2018, from 2 sources

**$13M** Series B **$96M** Secondary

- **Latest round:** Secondary, $96M Nov 2025
- **Step-up i:** 7.2×
- **Investors:** 7 (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.

2018 2019 2020 2021 2022 2023 2024 2025

**$13M** Series B

**$96M** Secondary

- **First round:** Series B, $13M
- **Biggest round:** $96M
- **Between rounds:** 7.8 years

## The rounds

- **Nov 2025** Secondary **$96M** *6 new* [East Ventures](https://millionrounds.com/fund/east-ventures) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [BEENEXT](https://millionrounds.com/fund/beenext) [World Innovation Lab Wil](https://millionrounds.com/fund/wil-world-innovation-lab) [Coral Capital](https://millionrounds.com/fund/coral-capital) [Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank) Source recorded
- **Jan 2018** Series B **$13M** *1 new* [500 Startups Japan](https://millionrounds.com/fund/500-startups-japan) Lead 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** 2018 **Secondary** 2025 [500 Startups Japan](https://millionrounds.com/fund/500-startups-japan) L [East Ventures](https://millionrounds.com/fund/east-ventures) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [BEENEXT](https://millionrounds.com/fund/beenext) [World Innovation Lab Wil](https://millionrounds.com/fund/wil-world-innovation-lab) [Coral Capital](https://millionrounds.com/fund/coral-capital) [Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank)

## Everyone who backed them

[500 Startups Japan](https://millionrounds.com/fund/500-startups-japan) VC firm **1** round, led 1

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

[General Atlantic](https://millionrounds.com/fund/general-atlantic) Private equity **1** round

[BEENEXT](https://millionrounds.com/fund/beenext) VC firm **1** round

[World Innovation Lab Wil](https://millionrounds.com/fund/wil-world-innovation-lab) VC firm **1** round

[Coral Capital](https://millionrounds.com/fund/coral-capital) VC firm **1** round

[Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list SmartHR 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.

[Light Street Capital](https://millionrounds.com/fund/light-street-capital) VC firm Per its own site

[Beyond Net Zero](https://millionrounds.com/fund/beyond-net-zero-general-atlantic) Private equity Per its own site

## Quick answers about SmartHR

### Who invested in SmartHR?

SmartHR's investors include 500 Startups Japan, East Ventures, General Atlantic, BEENEXT and World Innovation Lab Wil, and 2 more on record.

### How much has SmartHR raised?

SmartHR has raised $109M across 2 rounds since 2018.

### When did SmartHR last raise?

SmartHR's most recent round was a Secondary of $96M in Nov 2025.

### What was SmartHR's biggest round?

Its most recent round, $96M in Nov 2025, is also its largest on record.

### Who backed SmartHR first?

SmartHR's first round on record, in Jan 2018, was backed by 500 Startups Japan.

### What stage is SmartHR at?

SmartHR's latest named round is a Secondary, in Nov 2025.

### Where is SmartHR based?

SmartHR is based in Japan.

### Who led SmartHR's rounds?

500 Startups Japan led the Series B in 2018.

## Companies like SmartHR

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

[**ZeamiCyberSecurity** $308K · Jul 2026](https://millionrounds.com/company/zeamicybersecurity)[**Conoris Technologies** $973K · Jun 2026](https://millionrounds.com/company/conoris-technologies)[**Smart Craft** $1.2M · Jun 2026](https://millionrounds.com/company/smart-craft)[**IVRy** $55M · May 2026](https://millionrounds.com/company/ivry)[**Rapyuta Robotics** $3.0M · May 2026](https://millionrounds.com/company/rapyuta-robotics)[**Gaxi** $1.8M · Apr 2026](https://millionrounds.com/company/gaxi)

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