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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.

  1. Pre-seed 1 Jan 2016 $330K
  2. Series A this round 1 Jan 2016 $4.2M
  3. Series B 22 Jan 2018, led by 500 Global $13M
  4. Series C 1 Jan 2019 $56M
  5. Series D 1 Jan 2021 $151M
  6. Series E 1 Jul 2024, led by KKR and Ontario Teachers’ Pension Plan $140M
  7. Growth 18 Nov 2025, led by General Atlantic $96M

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:

Series A rounds in Tech Companies, Jan 2015 to Jan 2017: 453 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies25 Jan 2016$20Mnot disclosedGE Ventures and OurCrowd
Tech Companies25 Jan 2016$20Mnot disclosedPrelude Ventures
Tech Companies26 Jan 2016$15Mnot disclosednot named
Tech Companies12 Jan 2016$15Mnot disclosedSocial Capital
Tech Companies12 Jan 2016$13Mnot disclosedImperial Innovations
Tech Companies6 Jan 2016$12Mnot disclosedStage 1 Ventures
Tech Companies1 Jan 2016$12Mnot disclosedNew Leaf Venture Partners
Tech Companies1 Jan 2016$12Mnot disclosednot 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.