Ultra Social Secures Additional Funding
Ultra Social Inc., headquartered in Minato, Tokyo and led by CEO Ryota Takahashi, has successfully secured additional funding through a Series B round. This round was backed by HighLight Capital, a leading Pan-Asia fund, and eBeauty Group, a prominent partner in the digital commerce sector in Asia with an annual gross merchandise value (GMV) exceeding 450 billion yen. Additionally, existing investor SBI Investment has continued their support, bringing the total amount raised to 1.15 billion yen.
Purpose and Background of Fundraising
This funding initiative aligns with Ultra Social's mission to "inspire hearts in uncharted worlds." The company aims to bolster its expertise and resources in managing TikTok Shop operations, cultivate brand development leveraging competitive supply chains, and accelerate its proprietary AI solutions. The strategic decision to collaborate with top-notch companies and investment firms globally is crucial for achieving these goals, thus enhancing the marketing capabilities and value offered to all stakeholders involved.
Our Strengths
Composed of industry professionals who experienced TikTok’s launch phase, Ultra Social boasts not just deep expertise in cutting-edge solutions and technologies but also exceptional speed and execution in implementing these in the market. This operational agility is a significant advantage that sets Ultra Social apart in the competitive landscape.
Comments from Ryota Takahashi, CEO
Takahashi expresses gratitude for the investment from HighLight Capital, eBeauty Group, and SBI Investment, highlighting that by October 2024, the fundraising will contribute significantly to enhancing operations. He emphasizes that the mission to "inspire hearts in uncharted worlds" is vital to reinvigorating the stagnant Japanese market. Takahashi believes that engaging people with fresh solutions and exciting content will stimulate consumer spending and support the economy. He notes that Ultra Social has achieved consistent growth, doubling performance three times in a row, which has ultimately led to this latest round of funding. The company is highly committed to fulfilling expectations and driving further growth.
Future Strategies
Takahashi invites readers to follow Ultra Social's journey and insights, as the company plans to share reflections on its operations and future strategies on their note page. The series will cover the foundation of their mission and their discovery of TikTok as a pivotal moment that led to the company's creation.
Investor Comments
HighLight Capital
“We are proud to invest in Ultra Social, a company pioneering next-generation digital marketing. We firmly believe the digital marketing sector leveraging social media platforms like TikTok will rapidly expand in Japan. Ultra Social’s advanced technology and abundant industry knowledge position it as a market leader, and continuous growth is anticipated.”
SBI Investment's Michiko Nakayama
“Since our last investment, Ultra Social has shown significant achievements. The additional funding reflects our recognition of these accomplishments and our belief in further growth potential. The team has skillfully implemented various projects, such as launching the digital human solution Spaike and refreshing brand identities. We are committed to helping realize Ultra Social's mission of inspiring hearts in the unexplored world.”
eBeauty Group's Guo Zhuohao
“We deeply resonate with Ultra Social’s mission and find it significant to invest. The company has exhibited outstanding abilities and leadership in digital marketing. With over 15 years of unique insights and resources, eBeauty Group intends to comprehensively support Ultra Social’s growth, helping generate innovative value in the Japanese market while building a new growth narrative in Asia and globally.”
Company Overview
- - Company Name: Ultra Social Inc.
- - Location: 10F, VORT Roppongi 1-Chome, Minato City, Tokyo
- - CEO: Ryota Takahashi
- - Website: ultrasocial.jp
- - Business Areas: Interest Commerce Operations, LIVE Business, Generative AI Business
Recruitment Information
We encourage applicants to visit our recruitment page for detailed job listings and opportunities at Ultra Social.
Recruitment Listings
For press inquiries, please contact the Ultra Social PR Department at
[email protected]. Interest Commerce® is a registered trademark of Ultra Social Inc.