FLYWHEEL, Inc.

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FLYWHEEL, Inc. - overview

Established

2018

Location

Tokyo, -, Japan

Primary Industry

Software

About

Flywheel Co. , Ltd. is a Japanese company focused on enhancing workflow efficiency through innovative software solutions that facilitate project management, data analytics, and collaborative environments for businesses. Founded in 2018 in Tokyo, Japan, Flywheel Co.


, Ltd. specializes in providing digital solutions to improve business operations. Led by CEO Naoto Yokoyama, the company has successfully completed 2 deals, with the most recent funding round being the Series B on March 27, 2023, raising JPY 2. 5 billion from KDDI and KDDI Digital Divergence Holdings Corporation.


The total amount raised by Flywheel amounts to JPY 2. 5 billion, with a current company valuation of JPY 19,284. 172 million. Flywheel specializes in providing a suite of innovative solutions designed to enhance workflow efficiency and boost productivity across various sectors.


Its core offerings include advanced software tools that facilitate project management, data analytics, and collaborative work environments. These products are tailored for businesses seeking to streamline operations and improve team communication, effectively addressing challenges associated with remote work and project coordination. Flywheel serves a diverse customer base that includes small to medium enterprises and larger corporations, primarily within industries such as technology, marketing, and education. The company maintains a strong presence in key geographical markets, including North America, Europe, and parts of Asia, where the demand for digital collaboration tools continues to grow.


Flywheel generates revenue through a structured subscription model, allowing clients to access their suite of products on a recurring basis. This model includes different service tiers, offering businesses flexibility according to their specific needs and scale. Clients may subscribe to a basic plan with core project management functionalities, while higher-tier plans could incorporate advanced analytics and custom integrations. Transactions typically involve direct sales to businesses, with contract lengths and payment terms negotiated based on organizational size and service complexity.


The revenue model is further enhanced by partnerships with other tech providers, expanding Flywheel's reach within the B2B marketplace. In March 2023, Flywheel Co. , Ltd. raised JPY 2.


5 billion in Series B funding, which will be utilized to promote data collaboration through the development of corporate digital transformation (DX) by utilizing data and securely connecting information. The company plans to design and launch new products aimed at enhancing its software offerings, although specific release dates have not been disclosed. Additionally, Flywheel is targeting expansion into new geographic markets beyond its current presence, with specific plans to explore additional opportunities in North America and Europe within the next few years.


Current Investors

Globis Capital Partners, JAFCO Group, World Innovation Lab

Primary Industry

Software

Sub Industries

Consulting Services, Analytics & Performance Software

Website

www.flywheel.jp/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series B

Total Amount Raised

Subscriber access only

FLYWHEEL, Inc. - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)-----
% Revenue Growth (YoY)-----
EBITDA (USD)-----
Operating Income (USD)-----
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)7,274,000(235,779,000)---
% Net Margin-----

FLYWHEEL, Inc. - employee data

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