Dokidoki Grooveworks, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Dokidoki Grooveworks, Inc. - overview
Established
2013
Location
Tokyo, Tokyo, Japan
Primary Industry
Software
About
Dokidoki Grooveworks, Inc. , based in Tokyo, Japan, develops innovative consumer products focused on enhancing creativity and learning experiences for children and young adults through engaging stationery, lifestyle accessories, and educational toys. Founded in 2013 in Tokyo, Japan, Dokidoki Grooveworks, Inc. specializes in creating consumer products that foster creativity among young individuals.
The company has engaged in 6 deals, with the latest funding round occurring on October 11, 2024. In this round, they raised JPY 55. 000 mn from investors, including Mobile Internet Capital and Venture Labo Investment. The company has not undergone any major pivots or changes in strategy since its inception.
Dokidoki specializes in crafting a diverse range of consumer products that cater to the needs of various demographics. Their core offerings include innovative stationery, lifestyle accessories, and educational toys designed to stimulate creativity and enhance learning experiences. These products are tailored for children and young adults, with functionalities that encourage engagement and self-expression while addressing common challenges of modern-day learning and organization. The company has strategically positioned its products within key international markets, including North America and Europe, ensuring accessibility for a broad consumer base of parents, educators, and retail partners.
By focusing on high-quality materials and unique designs, Dokidoki successfully serves a clientele that values both aesthetics and functionality in everyday products. Dokidoki's revenue generation model is primarily built around direct-to-consumer sales through e-commerce platforms and partnerships with retailers, allowing for a seamless shopping experience for their customers. The company employs a tiered pricing strategy that reflects the varying complexities and functionalities of its product range, encompassing items like premium stationery sets and educational kits. Through these sales channels, transactions typically occur as customers purchase individual items or bundled offerings, which enhance perceived value.
Partnerships with educational institutions and specialty retailers further expand their market reach and foster recurring revenue streams through bulk orders and exclusive product lines. This multifaceted approach to revenue generation underscores the firm's commitment to driving sustained growth and market presence. On October 11, 2024, Dokidoki Grooveworks, Inc. secured funding aimed at enhancing service offerings and strengthening operations in the software development and gaming sectors.
The company plans to launch new products that cater to both educational and recreational needs in the upcoming year, while exploring expansion into additional markets in Asia and South America by 2025. The recent investment will support these initiatives, allowing Dokidoki to adapt its product lineup and broaden its consumer outreach.
Current Investors
Mobile Internet Capital, Venture Labo Investment, Kaga Electronics Co., Ltd
Primary Industry
Software
Sub Industries
Multimedia & Graphics, Gaming, Content Management Software, Digital Media
Website
www.dokidoki.co.jp
Total Amount Raised
Subscriber access only
Dokidoki Grooveworks, Inc. - financials
| Fiscal Year Ended | Sep 30, 2018 | Sep 30, 2019 | Sep 30, 2020 | Sep 30, 2021 | Sep 30, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | 130,893,000 | 44,250,000 | - | - | - |
| % Net Margin | - | - | - | - | - |
Dokidoki Grooveworks, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Dokidoki Grooveworks, Inc. | - | ||||||||
| Unspecified Round | Completed | Dokidoki Grooveworks, Inc. | - | ||||||||
| Unspecified Round | Completed | Dokidoki Grooveworks, Inc. | - | ||||||||
| Unspecified Round | Completed | Dokidoki Grooveworks, Inc. | - | ||||||||
| Merger | Completed | Dokidoki Grooveworks, Inc. | - |
Displaying 1 - 5 of 6
Dokidoki Grooveworks, Inc. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.