About SBI Investment
SBI Investment is a venture capital firm founded in 1996. It is primarily based out of Minato City, Japan. As of May 2025, SBI Investment is an active investor, having invested in 417 companies, with 19 new investments in the last 12 months. It primarily invests in Series A round in Japan based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and FinTech. Most recently it led the $7.44M Series B round of Acompany along with Globis Capital Partners. This round also saw participation from Kunihiro Tanaka and other investors.
Overall, SBI Investment portfolio has seen 8 unicorns, 77 IPOs and 23 acquisitions including key companies like eToro, SoFi and Tokopedia. A lot of funds co-invest with SBI Investment, with names like SMBC Venture Capital sharing a substantial percentage of its portfolio.
SBI Investment has team of 75 people including 27 partners.
Key Metrics
Team Members
, &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B &
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
SBI Investment's List of Top Investments
SBI Investment has a portfolio of 417 companies, including 8 unicorns. Their most notable investments are in GOGEN and Minrevi.Their portfolio spans across Japan, United States, United KingdomÌý²¹²Ô»å 20 more locations. They have invested in High Tech, Enterprise Applications, FinTechÌý²¹²Ô»å 38 other sectors, across stages such as Series A, Series B Ìý²¹²Ô»å 8 more. Here is the list of top investments by SBI Investment:
1. eToro
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs. It enables users to copy the traders of the community and also helps traders to earn extra income by sharing portfolios. It allows trading in stocks, ETFs, indices, currencies, and commodities.
Key facts about eToro
- Founded Year: 2007
- Location: Tel Aviv (Israel)
- Stage: Public
- Total Funding till date: $423M
- Investors: SVB, Korea Investment Holdings and 42 Others
- Latest Funding Round: Series F, Mar 21, 2023, $250M
- Highlight: Public

2. SoFi
Online platform for consumer loans. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
Key facts about SoFi
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: €28.7K as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $3.04B
- Employee Count: 3,066 as on Dec 31, 2023
- Investors: Silver Lake, GPI Capital and 74 Others
- Latest Funding Round: Post IPO, Feb 18, 2024
- Highlight: Public

3. Tide
Provider of an internet-first bank offering digital banking services for businesses. It provides users with services such as checking accounts, NFC-enabled debit cards for online or offline purchases, money transfers, bill payments, and more. It also provides tools for invoice, expense, and transaction management. It offers an app-based platform that is available on iOS and Android devices.
Key facts about Tide
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £119M as on Dec 31, 2023
- Valuation: £868M as on Dec 16, 2024
- Stage: Series C
- Total Funding till date: $229M
- Employee Count: 52 as on May 31, 2018
- Investors: Apax, TriplePoint Capital and 46 Others
- Latest Funding Round: Conventional Debt, May 01, 2025, $134M
- Highlight: Editors' Pick
4. 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
5. Khatabook
App-based bookkeeping management solutions for small businesses. It allows users to manage transactions, purchases, payments, and more. It sends payment reminders, PDF reports, QR code payments, and more. It operates by providing tools for recording credits, managing finances, and facilitating transactions. It also allows users to add customers, send payment reminders, manage inventory, create invoices, and track GST and non-GST bills.
Key facts about Khatabook
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: ₹59.4L as on Mar 31, 2023
- Valuation: $600M as on Aug 24, 2021
- Stage: Series C
- Total Funding till date: $187M
- Investors: DST Global Partners, SBI Investment and 49 Others
- Latest Funding Round: Series C, Aug 24, 2021, $100M
- Highlight: Editors' Pick
SBI Investment's Year-on-Year Investment Trends
SBI Investment has invested in 417 companies over the last 20 years, with an average of 20 new investments annually in the last 10 years. In 2024, it made 31 investments, while as of May 2025, it has made 6 investments in this year. Its most recent first time investment was in Acompany and most recent follow-on round was in New Innovations.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 4 | 2 | 6 |
2024 | 24 | 7 | 31 |
2023 | 29 | 4 | 33 |
2022 | 22 | 4 | 26 |
2021 | 16 | 3 | 19 |
2020 | 8 | 4 | 12 |
2019 | 27 | 3 | 30 |
2018 | 25 | 4 | 29 |
2017 | 21 | 1 | 22 |
2016 | 17 | 2 | 19 |

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SBI Investment's Investments by Stage
SBI Investment has made 74 investments in Series A stage with an average round size of $12.2M, 54 investments in Series B stage with an average round size of $25.8M and 32 investments in Series C stage with an average round size of $81.6M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 74 |
Series B | 54 |
Series C | 32 |
Seed | 31 |
Series D | 6 |
Others | 9 |
SBI Investment's Investments by Sector
SBI Investment has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Consumer and Business Services. Notably, it has invested in 295 Tech companies, 248 Enterprise (B2B) companies, 160 Software companies and at least 103 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 74 |
High Tech | 61 |
FinTech | 52 |
Consumer | 33 |
Business Services | 22 |
Others | 230 |
SBI Investment's Investments by Geography
SBI Investment has made most investments in Japan (118), followed by United States where it has made 23 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
Japan | 118 |
United States | 23 |
United Kingdom | 13 |
India | 11 |
South Korea | 11 |
Others | 33 |
SBI Investment's recent investments
Here are the most recent investments by SBI Investment:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
May 27, 2025 | Japan | Series B | $8.13M | [+6] | |
May 14, 2025 | Japan | Series B | $7.44M | ||
Apr 15, 2025 | Japan | Series C | $7.5M | ||
Mar 11, 2025 | United States | Conventional Debt | $200M | Creaegis [+7] | |
Mar 11, 2025 | United States | Series B | $51M | Creaegis [+7] |
Unicorns in SBI Investment's Portfolio
Here is a list of unicorns in SBI Investment's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
51 | Provider of sustainable fabric materials | 2007 | Hitachiomiya | Series E | lkbmdwl | ||
65 | Online platform offering cloud-based API embedded investing solutions | 2012 | Chatham | Series D | hqfowsq | ||
71 | Provider of an AI and cloud based data science platform | 2012 | Boston | Series G | zwouvhd | ||
58 | Provider of cloud and AI-based deep learning processing units | 2016 | Toronto | Series D | mwtgxdb | ||
64 | Online revenue-based financing marketplace for SaaS businesses | 2019 | Los Angeles | Series C | kooxanx |
IPOs and Publicly Listed companies in SBI Investment's Portfolio
Here are SBI Investment's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
May 14, 2025 | Mar 21, 2018 | Series E | $100M | |
Mar 27, 2025 | - | - | - | |
Dec 19, 2024 | - | - | - | |
Dec 19, 2024 | Jul 28, 2019 | Series A | $79.7M | |
Dec 12, 2024 | - | - | - |
Acquired companies in SBI Investment's Portfolio
Here are SBI Investment's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Mar 25, 2025 | Mar 14, 2017 | Series A | $28.1M | |
Oct 31, 2024 | - | - | - | |
Aug 08, 2024 | - | - | - | |
Jul 26, 2024 | Jun 27, 2016 | Series B | $20M | |
Feb 06, 2024 | Apr 03, 2019 | Series C | $50M |
Team profile of SBI Investment
SBI Investment has a team of 75 membersÌýincluding 27 Partners and 43 PrincipalsÌýlocated in Japan, South Korea and . SBI Investment's team sits on the board of 2 companies.Here is a list of top team members in SBI Investment:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | South Korea | - | - | |
Partner | Tokyo | - | - | |
Partner | Tokyo | - | ||
Partner | Taipei | - | - | |
Partner | Tokyo | - | - | |
Partner | Tokyo | - | - | |
Partner | Osaka | - | - | |
Partner | Minato | - | - | |
Partner | San Francisco | - | - |
Co-investors of SBI Investment
Over the past 20 years, 1944 investors have co-invested in SBI Investment's portfolio companies.
- Invested before SBI Investment:Ìý, Mitsubishi UFJ Capital and 818 others have invested in rounds before SBI Investment. There are 11 companies where JAFCO Group has invested before SBI Investment and 10 companies where Mitsubishi UFJ Capital has invested before SBI Investment.
- Top Co-investors of SBI Investment:Ìý573 investors entered a company along with SBI Investment. These include investors like SMBC Venture Capital (23 companies).
- Invested after SBI Investment:ÌýA total of 551 investors have invested in SBI Investment's portfolio after their investments. Top Investors include (11 companies), (7 companies) and Mizuho Financial Group (6 companies).

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Recent News related to SBI Investment
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