About CyberAgent Capital
CyberAgent Capital is a venture capital firm founded in 2006. It is primarily based out of Tokyo, Japan. As of Apr 2025, CyberAgent Capital is an active investor, having invested in 277 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in Japan based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Retail. Most recently it led the $3.5M Series A round of Rey along with TPTF. This round also saw participation from Genesia Ventures and other investors.
Overall, CyberAgent Capital portfolio has seen 3 unicorns, 28 IPOs and 26 acquisitions including key companies like Tokopedia, Sansan and Paidy. A lot of funds co-invest with CyberAgent Capital, with names like East Ventures sharing a substantial percentage of its portfolio.
CyberAgent Capital has team of 17 people including 6 partners.
Key Metrics
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Portfolio Sectors
Rounds of Entry
Seed, Series A &
Portfolio IPOs
Portfolio Unicorns
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CyberAgent Capital's List of Top Investments
CyberAgent Capital has a portfolio of 277 companies, including 3 unicorns. Their most notable investments are in subsclife and RareJob.Their portfolio spans across Japan, China, VietnamÌý²¹²Ô»å 9 more locations. They have invested in Consumer, Enterprise Applications, RetailÌý²¹²Ô»å 26 other sectors, across stages such as Seed, Series A Ìý²¹²Ô»å 8 more. Here is the list of top investments by CyberAgent Capital:1. Tokopedia
Online marketplace offering multi-category products. The product catalog includes clothing, beauty products, electronics, food & beverages, books, stationery, toys, and more. Its app is available on the Android and iOS platforms.
Key facts about Tokopedia
- Founded Year: 2009
- Location: Jakarta (Indonesia)
- Annual Revenue: ₹86.4Cr as on Mar 31, 2022
- Last Known Valuation: $7B as on Jun 19, 2019
- Stage: Acquired
- Total Funding till date: $3.3B
- Employee Count: 173 as on Feb 29, 2024
- Investors: Morgan Stanley, Temasek and 18 Others
- Latest Funding Round: Series H, Oct 23, 2020, $350M
- Highlight: Acquired
2. PropTiger
Online brokerage service platform for residential properties. The platform enables homebuyers to search for & buy residential properties. It provides assistance in searching & shortlisting, site visits, legal advice, and more. It provides home buyers features including home loans and property registrations.
Key facts about PropTiger
- Founded Year: 2011
- Location: Gurugram (India)
- Annual Revenue: 44.5M SGD as on Mar 31, 2022
- Valuation: $120M as on Apr 30, 2015
- Stage: Series C
- Total Funding till date: $99M
- Employee Count: 429 as on Oct 31, 2024
- Investors: SoftBank Group, SoftBank Group and 26 Others
- Latest Funding Round: Series C, Jan 10, 2017, $55M
- Highlight: Editors' Pick
3. Sansan
Business card management software for enterprises. It offers a cloud-based card management software for enterprises. Employees can upload and scan cards, the company then uses OCR technology and human transcription to digitize them. Digital cards can be then accessed by everyone in the company and the data can also be exported in a .csv format. Users can search for cards in the database and add tags.
Key facts about Sansan
- Founded Year: 2007
- Location: Tokyo (Japan)
- Stage: Public
- Total Funding till date: $118M
- Investors: Goldman Sachs, T. Rowe Price and 13 Others
- Latest Funding Round: Series E, Dec 06, 2018, $26.4M
- Highlight: Public
4. Paidy
Paidy provides an app-based lending platform for purchase financing. It enables users to make installment payments for online/offline products. Payments can be done via bank transfer or auto-debit from the bank account. The app is available on both IOS and Android platforms.
Key facts about Paidy
- Founded Year: 2014
- Location: Tokyo (Japan)
- Stage: Acquired
- Total Funding till date: $281M
- Investors: Goldman Sachs, Wellington and 28 Others
- Latest Funding Round: Series D, Mar 30, 2021, $120M
- Highlight: Acquired
5.
Online platform offering multi-category messaging and advertising applications. It provides services in the global mobile and internet markets based on human resources, technology, content, and competitive mobile traffic. It provides solutions ranging from messaging, news, advertising, gaming, e-commerce, and music.
Key facts about Kakao
- Founded Year: 2010
- Location: Jeju-si (South Korea)
- Annual Revenue: €38.6K as on Dec 31, 2018
- Stage: Public
- Employee Count: 14,178 as on Dec 31, 2021
- Investors: Herald Investment Management, TPG and
- Latest Funding Round: Post IPO, May 20, 2021
- Highlight: Public
CyberAgent Capital's Year-on-Year Investment Trends
CyberAgent Capital has invested in 277 companies over the last 19 years, with an average of 7 new investments annually in the last 10 years. In 2024, it made 7 investments, while as of Apr 2025, it has made 1 investment in this year. Its most recent first time investment was in CareMaker and most recent follow-on round was in Fondi.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 1 | 0 | 1 |
2024 | 5 | 2 | 7 |
2023 | 6 | 0 | 6 |
2022 | 11 | 5 | 16 |
2021 | 7 | 0 | 7 |
2020 | 4 | 1 | 5 |
2019 | 3 | 3 | 6 |
2018 | 5 | 1 | 6 |
2017 | 2 | 1 | 3 |
2016 | 14 | 1 | 15 |
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CyberAgent Capital's Investments by Stage
CyberAgent Capital has made 111 investments in Seed stage with an average round size of $1.12M, 41 investments in Series A stage with an average round size of $3.95M and 7 investments in Series B stage with an average round size of $40.2M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 111 |
Series A | 41 |
Series B | 7 |
Angel | 4 |
Series C | 3 |
Others | 5 |
CyberAgent Capital's Investments by Sector
CyberAgent Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Media & Entertainment and FinTech. Notably, it has invested in 211 Tech companies, 161 Consumer (B2C) companies, 102 Enterprise (B2B) companies and at least 61 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Consumer | 63 |
Enterprise Applications | 47 |
Retail | 37 |
Media & Entertainment | 19 |
FinTech | 15 |
Others | 148 |
CyberAgent Capital's Investments by Geography
CyberAgent Capital has made most investments in Japan (73), followed by Vietnam where it has made 22 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
Japan | 73 |
Vietnam | 22 |
China | 21 |
United States | 15 |
Indonesia | 13 |
Others | 28 |
CyberAgent Capital's recent investments
Here are the most recent investments by CyberAgent Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 09, 2025 | Japan | Series A | Undisclosed | - | |
Nov 12, 2024 | Japan | Seed | Undisclosed | ANRI [+1] | |
Oct 01, 2024 | Indonesia | Series A | $3.5M | [+4] | |
May 17, 2024 | United States | Seed | $400K | ||
Apr 11, 2024 | Japan | Seed | Undisclosed | [+3] |
Get the detailed list of all investments by CyberAgent Capital. Download now!Unicorns in CyberAgent Capital's Portfolio
Here is a list of unicorns in CyberAgent Capital's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
56 | Online marketplace offering multi-category products | 2010 | Ho Chi Minh City | Series E | vw{amzb | ||
57 | Provider of merchant of record services and global payment solutions | 2011 | - | Singapore | Series C | wjtpatr | |
70 | Online games developer and cloud solutions provider | 2004 | Ho Chi Minh City | Series B | txzdvvt |
IPOs and Publicly Listed companies in CyberAgent Capital's Portfolio
Here are CyberAgent Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 21, 2022 | Jun 29, 2012 | Seed | Undisclosed | |
Dec 22, 2020 | Aug 20, 2013 | Seed | $800K | |
Oct 30, 2020 | Aug 27, 2011 | Seed | $286K | |
Mar 10, 2020 | Feb 2014 | Seed | $688K | |
Dec 20, 2019 | Oct 14, 2014 | Seed | $936K |
Acquired companies in CyberAgent Capital's Portfolio
Here are CyberAgent Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 11, 2023 | Apr 19, 2011 | Series B | Undisclosed | |
May 10, 2023 | May 25, 2016 | Series A | Undisclosed | |
Apr 10, 2023 | - | - | - | |
Sep 14, 2022 | Oct 30, 2012 | Series A | Undisclosed | |
Sep 30, 2021 | 2011 | Seed | $680K |
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Team profile of CyberAgent Capital
CyberAgent Capital has a team of 17 membersÌýincluding 6 Partners and 3 PrincipalsÌýlocated in Japan, Vietnam and . CyberAgent Capital's team does not sit on the board of any company as of now.Here is a list of top team members in CyberAgent Capital:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Tokyo | - | ||
Partner | Tokyo | - | ||
Partner | Japan | - | ||
Partner | Hanoi | |||
Partner | Jakarta | - | ||
Partner | - | - | ||
Principal | United States | - | ||
Principal | Japan | - | ||
Principal | - | - | ||
Associate | Kunitachi | - | ||
Associate | Yokohama | - |
Get the full list of CyberAgent Capital's team & partners for free. Download now!Co-investors of CyberAgent Capital
Over the past 19 years, 518 investors have co-invested in CyberAgent Capital's portfolio companies.
- Invested before CyberAgent Capital:Ìý500 Global, East Ventures and 58 others have invested in rounds before CyberAgent Capital. There are 6 companies where 500 Global has invested before CyberAgent Capital and 5 companies where East Ventures has invested before CyberAgent Capital.
- Top Co-investors of CyberAgent Capital:Ìý183 investors entered a company along with CyberAgent Capital. These include investors like East Ventures (10 companies).
- Invested after CyberAgent Capital:ÌýA total of 275 investors have invested in CyberAgent Capital's portfolio after their investments. Top Investors include SBI Investment (8 companies), Spiral Ventures (6 companies) and Mizuho Capital (6 companies).
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Recent News related to CyberAgent Capital
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startuplog.com•May 20, 2025•PLAINER, Angel Bridge, ALL STAR SAAS FUND, CyberAgent Capital and 1 other
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THE BRIDGE•Oct 24, 2024•, CyberAgent Capital, Boost Capital Partners, Boost Capital and 2 others
