Japanese HR tech startup Grooves secures $7.3m in latest fundraise

Tokyo-based talent recruitment platform Grooves announced it has raised US$7.3 million in its latest round of funding.

More funding details

• Investor:  JIC Venture Growth Fund 1
• Returning investor: Nanto CVC2 Fund
• Stage: Series B

More company updates

• The money will be used to expand Grooves’ user base, develop new features, and foster partnerships with its investors JIC Venture Growth Investments and Nanto Bank Group.
• The company will also focus on providing its recruitment services in local areas such as Nara and Hiroshima.
• Currently, the firm has onboarded over 9,000 listed Japanese corporations on its platform. Its IT engineer career support platform Forkwell, which looks to expand globally, has also amassed more than 50,000 users, gaining an additional 30,000 members in the past year.
• Grooves aims to support the digital transformation of local startups, small to medium-sized enterprises, and large businesses that have the potential to help Japan’s tech industry.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.