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Sunday, December 3, 2023

Saleshub, a customer referral matching service, raises 100 million yen in funding, bringing its cumulative total raised to approximately 250 million yen.

On July 14, 2020, Saleshub Inc. raised 100 million yen in a third-party allocation of new shares in a Series A round, with Incubate Fund and SMBC Venture Capital as the underwriters. This brings the total amount of funds raised to approximately 250 million yen, which will be used to invest in the "Saleshub" customer referral matching service and to engage in full-scale recruiting activities to promote DX of corporate sales activities and individual work styles.

What is Saleshub?

Saleshub is,Customer referral matching service that can support growing companies by connecting acquaintances with companies.It is.

Companies on the site can ask their supporters to set up business appointments through introductions, and supporters can earn rewards by setting up business meetings between their own acquaintances and the companies.

To date, approximately 25,000 people have registered, and more than 2,700 companies, ranging from publicly listed companies to high-profile start-ups, have used the service.
▶︎https://saleshub.jp/ 

Background and Purpose of Fundraising

Saleshub," a customer referral matching service, was launched in June 2017, and since then there has been a major turning point in the work styles of businesspeople around the world, with the lifting of the ban on side hustles and the increase of time in spare time due to the generalization of remote work.

In addition, companies are facing an increasingly difficult time in developing new customers in the Corona Disaster,Saleshub is one of the options to get appointments in the form of "customer referrals".This is becoming the case.

Against this backdrop, the cumulative number of registered companies has grown to approximately 2,700. The total number of supporters has reached 25,000, and the total number of connections has reached 10,000. The cumulative number of referral proposals has exceeded 20,000.

The main uses of the funds from this capital increase are as follows

  1. Investment in "Saleshub," a customer referral matching service:Focus on marketing initiatives to expand new supporter registrations.
  2. Enhanced recruitment associated with the above:We plan to hire approximately 20 people by the end of 2021, mainly for positions in engineering and customer success.
  3. Strengthen the customer success system:A "Saleshub Concierge" team will be established to provide individual support to newly registered supporters, aiming for a meticulous support system.

Comments from Underwriters

Keisuke Wada, Managing Partner, Incubate Fund Inc.

Saleshub's raison d'être is to provide the old-styleShift from inefficient sales activities to empathic marketing of customer referrals via supporters.We believe that our role is to make sure that the people of the world are able to enjoy the benefits of the company's products and services.

By increasing the number of supporters who deeply understand and sympathize with the value of the services/products of the listed companies, we expect to realize a platform that can maximize contact with customers in the best possible way.

Mr. Tetsuji Nakano, Investment Sales Department 1, SMBC Venture Capital Co.

We have been in communication with CEO Eda since immediately after the product launch. We have been able to build up a list of corporate attackers and supporter connections through the accumulation of data from each of them,Automatic and highly accurate matching of appointment needs and contacts is suggested.We are confident that the company is in a phase where it will make even greater strides in the future, which is why we have decided to invest in the company.

Having been involved in sales myself for the past eight years, I understand firsthand the inefficiency of sales methods such as tele-appointments and house calls. The personal connections that salespeople have cultivated,Saleshub's technology connects companies without friction, allowing them to focus more on their products and business.We look forward to the realization of the

Saleshub Inc.

Company Name:Saleshub Inc.
Representative:Manabu Eda, Representative Director
Location:3-61-3-314 Sendagaya, Shibuya-ku, Tokyo 151-0051, Japan
Date of establishment:August 2014
Capital:200 million yen (including capital reserve)
Business Description:Development and operation of "Saleshub," a customer referral matching service
URL:https://saleshub.jp/info/company 

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