Matilda Books Achieves Significant Funding for Skill Development SaaS
Matilda Books, a startup based in Shibuya, Tokyo, has made headlines by successfully securing funding from QXLV, an influential venture capital firm. This financial backing will be pivotal in developing their innovative platform, "Matter," which integrates skill visualization and development into a comprehensive SaaS solution. The funds will enable Matilda Books to focus on product enhancements and increase its recruitment of engineering talent, thereby strengthening its organizational framework.
The Need for Change in Japan's Labor Market
In Japan, the traditional employment landscape, characterized by lifetime employment and on-the-job training, has faced limitations, especially regarding skill acquisition's connection to career advancement. The Ministry of Economy, Trade, and Industry encourages skill-based human resource development but many companies encounter challenges, including the difficulty of visualizing training outcomes and a lack of operational resources.
Existing Learning Management Systems (LMS) typically streamline learning management but fall short on analyzing learning experiences and translating that data into skills. Recent technological advancements have led to the emergence of Learning Experience Platforms (LXP) which promise to analyze interaction data such as conversations and expressions to create valuable insights for talent development. Recognizing this need, Matilda Books launched Matter, aiming to revolutionize the learning process within organizations.
Introducing Matter: A Comprehensive Solution
"Matter" is designed to facilitate a more effective learning experience by focusing on dialogue, automating facilitation, analyzing learning data, and visualizing skills. Several large corporations are already piloting the platform, anticipating its potential to nurture a culture of community learning and ongoing skill development.
With the recent influx of capital, Matilda Books plans to build a solid foundation for Matter's future. This includes enhancing its development team through strategic hiring—specifically, lead engineers who will contribute to creating new functionalities like facilitation AI and skill mining. The objective is to move towards an official product release and solidify Matter's place in the SaaS market.
Insights from QXLV
Mr. Hirotoshi Suwa, a partner at QXLV, expressed enthusiasm regarding Matilda Books' approach to skill development. He highlighted how Matter provides a unique opportunity to turn what has typically been a qualitative and opaque process into a data-driven and improvement-oriented framework. He affirmed his confidence in the team led by Takuya Hyakuno, noting their combined expertise in human resources and data science as a foundation for future success.
The Vision of Matilda Books
Matilda Books’ CEO, Takuya Hyakuno, conveyed his excitement about the partnership with QXLV. He reiterated the company’s commitment to realizing a society where everyone can learn and grow, emphasizing the importance of skill-based management practices in Japan. He aims to deliver effective active learning opportunities that can empower individuals across all sectors of employment.
Furthermore, the collaboration with QXLV is seen as a significant boost in accelerating Matilda Books' mission. The company is dedicated to focusing its efforts on expanding and enhancing its service offerings as it continues to address existing challenges within the corporate learning environment.
About Matilda Books
Founded in May 2022, Matilda Books aims to foster a society that prioritizes learning, growth, and informed life choices. It provides practical educational solutions that merge expertise in talent development, organizational growth, and data utilization. Its flagship learning platform, Matter, incorporates active learning features intended to revolutionize how skills are developed and managed in the corporate world.
For media inquiries, please contact:
Matilda Books Public Relations
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Company Information
- - Company Name: Matilda Books, Inc.
- - Location: 6th Floor Kwanou Building, 6-23-4 Jingumae, Shibuya-ku, Tokyo 150-0001
- - Website: matildabooks.jp
As Matilda Books forges ahead, it aspires to empower a new generation of learners and professionals in Japan's evolving workforce. By integrating innovative approaches to learning and development, the company is well-positioned to lead the charge in the future of corporate learning.