#Japan #Tokyo #SaaS #Todoker #CloudMailRoom

Todoker Completes Series A Funding Round

Todoker, a SaaS company specializing in mail and package management for offices, has announced the successful completion of a second closing in its Series A funding round, raising an impressive total of 450 million yen. This round saw significant contributions from lead investor WiL, as well as existing shareholder Genesia Ventures, who provided equity investment, followed by additional loans totaling 150 million yen from the Japan Finance Corporation and Hokuriku Bank.

The strong interest in Todoker's business model, which boasts a high growth rate with low churn and stable cash flow, has enabled the company to secure funding at an early stage. With this financial boost, Todoker aims to solidify its position in the market and expand its customer base further.

Background of the Funding and Future Prospects

The recent funding will focus on enhancing the core service, the cloud-based mail and package management application “Todoker,” which has already seen adoption from numerous large corporations. This financial influx will support the company in strengthening its sales and customer success teams to accelerate customer acquisition. Additionally, Todoker plans to further develop its application, incorporating logistics connectivity and expanding features into related administrative domains.

Mission and Service Features

With a mission to “connect people and things,” Todoker aims to improve access to data regarding items in the office setting. The company has focused on delivering robust services designed to manage incoming packages efficiently amid new working styles such as teleworking, hybrid models, and free-address office layouts. Their goal is to facilitate the management of deliveries to various office locations, which is particularly crucial for enterprises with multiple sites.

Feedback from customers highlights a demand not just for managing incoming packages, but for functionalities related to outgoing deliveries, internal mail management, and direct connections with logistics services. Fulfilling these requests aligns with Todoker’s mission and will further enhance their offerings for corporate clients.

Currently, over 70 notable companies are utilizing Todoker, with the growth rate of packages handled in their system averaging an astounding 417% over the past four years.

Active Recruitment

In line with their mission, Todoker is actively enhancing its hiring efforts across several positions, including sales, customer success, marketing, engineering, and design. The company is entering an exciting phase, and they invite interested individuals to explore career opportunities.

Visit Todoker's Recruitment Site for More Information

Todoker's Series A funding has prompted the initiation of recruitment for various positions. The company is eager to share insights about their hardships before reaching Product-Market Fit (PMF), future business strategies, their newly relocated office from last October, employee feedback, and more. This information, including perspectives from new investor WiL's capitalist, Sasagawa, on what makes Todoker appealing, can be found in their archived video, accessible for free.

Comments from the CEO

Takahiro Nojima, CEO of Todoker, stated, “Welcoming WiL as a new shareholder marks a pivotal shift for Todoker. As we evolve from a mail management application to a more robust logistics management tool tailored for B2B environments, it’s crucial to adapt to the hybrid work reality that is reshaping our society.” He emphasized that in a world where workplaces are becoming more decentralized, the need for effective sharing of physical item and document information within companies has grown even more critical.

Todoker has made significant progress in improving operational efficiency for large enterprises, allowing employees to focus on their work without the hassle of managing incoming deliveries. In response to increasing requests from user companies to connect more directly with internal logistics, Todoker is prioritizing this aspect in its future developments, which will also contribute to reducing administrative burdens and improving user convenience.

About Todoker

Founded on July 24, 2018, Todoker’s mission of “connecting people and things” revolves around digitizing information about items and simplifying the delivery process. The company aims to promote flexible working arrangements and innovative office management solutions. As hybrid and remote work becomes prevalent, Todoker seeks to eliminate the logistical hurdles teams face with physical items and analog information, striving for efficient office operations through digital transformation.

Todoker Service Overview

Todoker offers a smart cloud application for managing mail and package deliveries, allowing for easy digital management using smartphones and PCs without the burden of substantial capital investment. The service also adapts well in hybrid work environments, optimizing office space and boosting remote work efficiency.

• - Learn More About Todoker Services

Cloud Mailroom Service

Todoker also provides a mini BPO service termed “Cloud Mailroom,” specializing in electronic handling of incoming mail to assist organizations in transitioning smoothly to remote work while minimizing the need for in-person operations.

• - Explore Cloud Mailroom Services

Company Profile

• - Company Name: Todoker Inc.
• - Location: 1-3-12 Hirakawacho, Chiyoda Ward, Tokyo, Japan
• - Established: July 24, 2018
• - CEO: Takahiro Nojima
• - Business Activities: Development and operation of the Todoker cloud application for office logistics management and the Cloud Mailroom service for digital mail management.
• - Client Cases: Kokuyo Co., Ltd., Kohitsu Co., Ltd.
• - Mascot: Todokel-kun (the official character of Todoker)