Funding round

SmartHR Series A
SmartHR, which works in cloud-based HR management software development in Tokyo, raised $4.2M in a Series A round announced on 1 Jan 2016. It is SmartHR's second venture round on record; the one before was a Pre-seed in Jan 2016.
$4.2M
Amount raised
500,000,000 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 under 1% of the $461M SmartHR has raised in the venture rounds on record. SmartHR raised again 24 months later: a Series B round of $13M in Jan 2018.
SmartHR's funding rounds
SmartHR has 7 venture rounds on record. This one is highlighted.
Comparable rounds
How it compares
453 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M, and this round was 59% of the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 25 Jan 2016 | $20M | not disclosed | GE Ventures and OurCrowd |
| Tech Companies | 25 Jan 2016 | $20M | not disclosed | Prelude Ventures |
| Tech Companies | 26 Jan 2016 | $15M | not disclosed | not named |
| Tech Companies | 12 Jan 2016 | $15M | not disclosed | Social Capital |
| Tech Companies | 12 Jan 2016 | $13M | not disclosed | Imperial Innovations |
| Tech Companies | 6 Jan 2016 | $12M | not disclosed | Stage 1 Ventures |
| Tech Companies | 1 Jan 2016 | $12M | not disclosed | New Leaf Venture Partners |
| Tech Companies | 1 Jan 2016 | $12M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did SmartHR raise in its Series A round?
SmartHR raised $4.2M in its Series A round, announced in Jan 2016.
What was SmartHR's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
453 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M, and this round was 59% of the median.
Did SmartHR raise again after this round?
Yes: a Series B round in Jan 2018 of $13M.