Investments
3Partners & Customers
1About Atrae
Atrae (TYO: 6194) is a Japanese software development company that operates Green, a contingency fee basis job site; Yenta, a matching app for business professionals with an AI-based recommending system; and wevox, a platform for organizational improvement.
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Latest Atrae News
Sep 15, 2023
Sumitomo Mitsui Financial : Notice Regarding the Establishment of SMBC Wevox, Inc. September 15, 2023 at 02:05 am EDT Share Notice Regarding the Establishment of SMBC Wevox, Inc. Sumitomo Mitsui Financial Group, Inc. (President and Group Chief Executive Officer: Jun Ohta, hereinafter collectively referred to as "SMBC Group") and Atrae, Inc. (President and CEO: Yoshihide Arai, hereinafter "Atrae") have concluded a shareholder agreement on September 15th, 2023, to establish SMBC Wevox, Inc. (President and CEO: Hidekazu Sugimoto, hereinafter "SMBC Wevox") on October 2nd, 2023, to support improvements in corporate value from the perspective of human capital. From around the beginning of October, they will start providing corporations with "SMBC Wevox," a solution to improve organizational capabilities. SMBC Wevox is a cloud service that visualizes intangible organizational capabilities, such as employees' characteristics and psychological states as well as company culture, in a timely manner to create opportunities for better decision making and actions within an organization. Through regular questionnaires that place minimal burden on employees, it is possible to grasp the situation in an agile and flexible manner across various units and attributes, such as department, age range and job type. The improvement know-how and examples built into the service, as well as supporting features using AI, promote spontaneous dialogue with on-site staff and enhancements in organizational capabilities.. In the future, the aim is to establish new models for evaluating corporate value by combining financial information with non-financial information, such as organizational capabilities, and by utilizing data from SMBC Wevox to propose solutions to human-resource and organizational issues. Going forward, in collaboration with external partners, measures will be tailored to the situation at each individual organization and considerations will be made regarding the establishment of systems to verify the effectiveness of any measures implemented. It is expected that new value will be created in Japan by aligning job satisfaction, which has not been quantified for staff within an organization until recently, with corporate value and by reinforcing the mutual connections between employees and corporations. By supporting the formation of "organizations everyone can be proud of," SMBC Wevox aims to showcase the value of the whole of Japan to the world by maximizing the potential and the performance of more people and organizations. 1
Atrae Investments
3 Investments
Atrae has made 3 investments. Their latest investment was in Euphoria as part of their Series C on May 5, 2022.
Atrae Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/25/2022 | Series C | Euphoria | $5.5M | No | 1 | |
12/3/2019 | Series B | |||||
5/17/2019 | Corporate Minority |
Date | 5/25/2022 | 12/3/2019 | 5/17/2019 |
|---|---|---|---|
Round | Series C | Series B | Corporate Minority |
Company | Euphoria | ||
Amount | $5.5M | ||
New? | No | ||
Co-Investors | |||
Sources | 1 |
Atrae Partners & Customers
1 Partners and customers
Atrae has 1 strategic partners and customers. Atrae recently partnered with Sumitomo Mitsui Financial Group on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/11/2023 | Partner | Japan | Sumitomo Mitsui Financial : SMFG and Atrae Reach Basic Agreement to Establish a Joint Venture Going forward , SMFG and Atrae , Inc. will continue to consider the establishment of a joint venture in order to combine the two parties ' energies and resources to realize a world in which all people can work actively , thereby contributing to increased corporate value . | 1 |
Date | 7/11/2023 |
|---|---|
Type | Partner |
Business Partner | |
Country | Japan |
News Snippet | Sumitomo Mitsui Financial : SMFG and Atrae Reach Basic Agreement to Establish a Joint Venture Going forward , SMFG and Atrae , Inc. will continue to consider the establishment of a joint venture in order to combine the two parties ' energies and resources to realize a world in which all people can work actively , thereby contributing to increased corporate value . |
Sources | 1 |
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