Funding round
SmartHR Pre-seed
SmartHR, which works in cloud-based HR management software development in Tokyo, raised $330K in a Pre-seed round announced on 1 Jan 2016. It is SmartHR's first venture round on record.
$330K
Amount raised
40,000,000 JPY converted
Not disclosed
Post-money valuation
Valuation
What this round says about the price
SmartHR did not disclose a valuation in this round. It is SmartHR's first venture round on record, 3 years after it was founded in 2013. It is under 1% of the $461M SmartHR has raised in the venture rounds on record. SmartHR raised again: a Series A round of $4.2M in Jan 2016.
SmartHR's funding rounds
SmartHR has 7 venture rounds on record. This one is highlighted.
Comparable rounds
How it compares
16 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $750K, and this round was 44% of the median. The closest in time, other companies' Pre-seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jan 2016 | $750K | not disclosed | not named |
| Tech Companies | 1 Jan 2016 | $575K | not disclosed | not named |
| Tech Companies | 22 Dec 2015 | $750K | not disclosed | YourNest |
| Tech Companies | 28 Mar 2016 | $500K | $135M | not named |
| Tech Companies | 26 Nov 2015 | undisclosed | not disclosed | Earlsfield Capital |
| Tech Companies | 1 Apr 2016 | $2.7M | not disclosed | not named |
| Tech Companies | 20 Oct 2015 | undisclosed | not disclosed | not named |
| Tech Companies | 26 Aug 2015 | $1.7M | not disclosed | OCA Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did SmartHR raise in its Pre-seed round?
SmartHR raised $330K in its Pre-seed round, announced in Jan 2016.
What was SmartHR's valuation at the Pre-seed round?
It was not disclosed.
How does it compare with other Pre-seed rounds in Tech Companies?
16 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $750K, and this round was 44% of the median.
Did SmartHR raise again after this round?
Yes: a Series A round in Jan 2016 of $4.2M.