UPWARD Closes Funding Round Targeting 1.5 Billion Yen for Mobile AI Agents

UPWARD Raises 1.5 Billion Yen to Enhance AI Capabilities

UPWARD Inc., based in Chiyoda, Tokyo, has successfully completed the second closing of its recent funding round, achieving its ambitious goal of approximately 1.5 billion yen. This funding has been made possible through contributions from new investor JIC Venture Growth Investments, which operates the JIC Venture Growth Fund No. 2 Limited Partnership.

The injection of capital will enable UPWARD to intensify its focus on developing AI functionalities tailored for field sales. The company plans to accelerate the creation of optimized solution packages for various industries, thus empowering this segment of their clientele. This decisive move is pivotal in UPWARD’s broader AI strategy, showcasing their commitment to innovation in the field sales domain.

Enhanced AI Strategy for Field Sales

UPWARD is doubling down on the development of AI agents designed specifically for field sales applications. These agents leverage a unique stay-detection technology owned by UPWARD to automate customer interaction recording, create automatic meeting minutes tailored to face-to-face negotiations, and formulate optimal visit plans for customer engagements.

Enhancements will focus on improving AI accuracy and supporting multiple languages, ensuring that field sales teams can concentrate on core customer-facing activities without being bogged down by auxiliary tasks. This enables sales personnel to elevate customer satisfaction and maximize revenue potential significantly.

Furthermore, by offering industry-optimized functionalities within their solution packages, UPWARD intends to address specific challenges faced by field sales teams across different sectors, thereby driving efficiency and performance.

UPWARD aims to unleash the creativity of field workers and accelerate growth for businesses and society alike. The company is enhancing its development capabilities focused on achieving non-linear growth while simultaneously expanding its customer base.

A Vision for Field Workers

Founded in July 2016, UPWARD Inc. has honed in on solving the challenges faced by field workers tasked with creating value through offline connections with customers. The firm is dedicated to delivering digital transformation services that capitalize on technology, creating an environment where work can be executed seamlessly using mobile devices regardless of time or place.

As UPWARD reflects on its success, it maintains a clear objective: to create a world where field workers can thrive and contribute meaningfully by leveraging innovative solutions. The company continues to embrace its purpose of drawing out creativity in field workers, driving not just individual and collaborative growth but also fostering broader societal advancements.

For more information regarding UPWARD’s AI functionalities, please refer to our service site at UPWARD and view our service materials here.

About UPWARD Inc.

- CEO: Ryusuke Kaneki
- Location: Marunouchi Eiraku Building 26F, 1-4-1 Marunouchi, Chiyoda-ku, Tokyo
- Established: July 2016
- Business Focus: Development and provision of the field sales AI agent, UPWARD.