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Saturday, December 2, 2023

overflow, which operates the multi-job search platform Offers, raises 300 million yen in a Series A round of funding!

Overflow Inc., the operator of Offers, a job search platform for product development professionals, has raised 300 million yen in Series A funding from FFG Venture Business Partners, DNX Ventures, Akatsuki's Heart Driven Fund, Mitsubishi UFJ Capital, and other investors. The company has raised 300 million yen in Series A funding.
With Offers and the new service, the company will be able to provide one-stop management from recruitment to evaluation, and will lead the revitalization of the recruitment market centered on job changes for multiple jobs.

Achievements of Offers, a platform for job transitioning in multiple industries

Offers have been provided by Offers.Cumulative 300 companies and over 10,000 usersThe number of new hires has increased year-on-year in the past year. The number of new hires in the past year wasOver 328%The company is growing steadily.

The number of companies that have introduced "multiple job changes" (*1) as a recruiting method has more than doubled in one year, and some companies have even created companies where 75% of their employees work through multiple jobs (*2).

*1: A new recruiting method proposed by the company:https://note.com/suzukiyuto/n/ne750e53629d8
*2: Includes routes other than Offers

Funding Objective: "Recruitment, and Beyond."

New recruiting methods are causing changes in organizations.Building an organization that is not restricted by employment statusand by the trend toward DE&I (diversity, equity, and inclusiveness *3),Manage personnel of various backgrounds and statusesThe importance of organizational issues has increased dramatically.

At Offers, we are committed to helping our clients through these transformations.Building a platform to provide a one-stop shop for recruitment and organizational management in the new eraWe plan to make every effort toward

The main use of the funds from this procurement is to actively recruit human resources for the purpose of growing existing businesses and launching new businesses, and we have updated our recruitment page.

Click here for employment information

3: Ministry of Economy, Trade and Industry (METI) Study Group Report on Sustainable Improvement of Corporate Value and Human Capital - Human Resources Edition Ito Report

Comments from Underwriters

FFG Venture Business Partners Satoru Fukuda, President and Representative Director

The decline in the working population and the promotion of the use of digital technology are major issues for Japan as a whole, but we believe that they will carry more weight in rural areas.
Therefore, OVERFLOW has increased the mobility of its human resources,Aiming to realize diverse work styles no matter where you live.We are very much looking forward to joining you in the challenge of
We, too, will support your growth with the collective efforts of the Fukuoka Financial Group.

Yo Kurabayashi, Managing Partner / Head of Japan, DNX Ventures

I am very pleased to join overflow's Series A. At the time of the last round in 2019, casual side hustling and considering a career change from there was not yet so commonly recognized, but I feel that it has rapidly become more prevalent over the past few years. As an opportunity to gain experienceEven large companies are beginning to encourage side hustles and also continue to have a remote work environmentI believe that services such as Offers will become more and more necessary, and I sincerely support Mr. Suzuki and overflow.

Daisei Yamazaki, Senior Associate, Heart Driven Fund, Akatsuki Corporation

As the shortage of engineers becomes more pronounced, "Offers" will play an increasingly important role in the future.I feel that the company will become a "new" company. I am convinced that overflow, with its CEO Mr. Suzuki and other great members, will be able to overcome this difficult aspect of creating a new culture for the market as a whole, and I have invested in the company as a Heart Driven Fund. I look forward to "Offers" becoming a common language and an indispensable service for many companies in the future. We are very happy to be able to play a part in fostering a culture of "Offers" together!

Ken Shinohara, Deputy General Manager, Investment Department III, Mitsubishi UFJ Capital Co.

Currently, DX is accelerating in all industries and sectors against the backdrop of the Corona Disaster. On the other hand,The shortage of IT personnel is becoming more serious, and the supply-demand GAP will further expand.It is expected that
Offers is a new platform with a new concept of specializing in IT professionals and job change for those with multiple jobs (side jobs), and we believe that we will be able to solve such social problems as Offers spreads in the future.
We will continue to provide full support for the further development of overflow by making full use of MUFG's group strength.

Mr. Hiroshi Hanyu, General Manager, Investment Management Department, AG Capital Corp.

Against the backdrop of an overwhelming shortage of engineers,From the era when companies choose engineers to engineers choosing companiesAGC believes that "Offers" will be the backbone of DX in all industries in Japan. AGC is convinced that "Offers" will be the backbone of DX in all industries in Japan.

Ai Koike, Managing Partner, THE CREATIVE FUND GP

Many things have changed with the Corona Disaster, and the way we work, I think, is one of the most important, but when I met OVERFLOW and heard that the way engineers work, in particular, is changing.Technology companies, and by extension, entire enterprises, may be changing the way they do business.I even felt that it was a good idea. I believe that this is the kind of business that presents and leads the direction of the times. We would like to contribute to the future of Japanese companies with the creative support we can offer, considering both the long-term and short-term perspectives together.

【【About Offers]

You can register and use the following URL
User registration page:https://offers.jp/lp
Company registration page:https://offers.jp/client/lp
A magazine that makes "working fun":http://offers.jp/media

Company name: overflow Inc.
Location: Shin Toranomon Jitsugyo Kaikan 5F, 1-1-21 Toranomon, Minato-ku, Tokyo 105-0001, Japan
Representative Directors: Hiroto Suzuki and Shin Tanaka
Established: June 9, 2017
Corporate website:https://overflow.co.jp/

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