Communitio
Helps in making good behavior habits and maximizing motivation with the original in-house currency.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
JPY260m | Late VC | ||
| Total Funding | 000k | ||
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Communitio Corporation, established on March 19, 2019, by Kensaku Shimada, is a technology firm focused on enhancing workplace communication and employee well-being through software-as-a-service (SaaS) solutions. The company originated as a spin-out from the R&D department of a gaming company, initially launching as a fintech venture centered on a blockchain-based internal currency service. This service allowed companies to issue their own internal virtual currency as a means of rewarding employees, which could then be used at office convenience stores or cafeterias.
Pivoting its strategy, Communitio now concentrates on developing applications that integrate with Microsoft Teams to foster better team dynamics. The company's vision is to create a world where everyone enjoys their work, encapsulated in its mission: "to make work and life exciting." This approach is realized through a suite of products designed for the B2B market, operating on a subscription-based business model. A key product is "TeamSticker," a tool that facilitates the exchange of appreciation and praise among colleagues through digital cards, aiming to improve employee engagement and team building. Another offering, "NewCommunicator," enables direct and personalized messaging from the company to all employees within the Teams environment. Additionally, "Times" is a remote work management tool that helps track tasks, calculate work hours, and visualize daily reports.
The firm has successfully secured funding to fuel its growth, including a round of 100 million JPY in June 2019 and a subsequent financing of 260 million JPY in June 2021 from investors such as XTech Ventures, Ceres, and Kaonavi. Communitio has also gained recognition as a Microsoft Japan Partner of the Year and has been selected for the Microsoft for Startups program. The company operates on a fully remote work model, with employees located across Japan, and has obtained ISO certifications for information security management.
Keywords: Kensaku Shimada, workplace communication, employee engagement, HRTech, SaaS, Microsoft Teams integration, TeamSticker, NewCommunicator, corporate well-being, remote work tools, team building, employee recognition, internal communication, organizational development, subscription model, fintech spin-out, blockchain, corporate culture, task management, performance improvement