Genial Technology Co., Ltd.

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Genial Technology Co., Ltd. - overview

Established

2017

Location

-, -, Japan

Primary Industry

Software

About

Established in 2017 and based in Hiratsuka, Japan, Genial Technology Co. , Ltd. develops and provides a self-learning audit platform that helps manage and analyze the handling of paper and electronic files through AI technology. Akiyu Abegawa is the founder and CEO of the company.


In October 2022, Genial Technology raised JPY 60 million in venture funding from Incubate Fund. The firm also has an office in the US. The company offers Genial AI, a self-learning audit technology that automates document verification. GenialAI is used by auditors to automate verification processes like sales testing and support human judgments like sampling.


GenialAI uses AI to collect and analyze accounting data from ERP systems, and its work process includes sample selection, test item definition, review match results, reconciliation details review, document management, OCR settings, running OCR, reviewing OCR results, and providing security. The enterprise generates revenue through its subscription plans, such as the JPY 180,000 per year licence (IT admin) and the JPY 120,000 per year licence (other user types). The organization plans to use the October 2022 funds to further accelerate product development.


Current Investors

Incubate Fund

Primary Industry

Software

Sub Industries

Accounting/Finance Software, Analytics & Performance Software, Content Management Software

Website

www.genialtech.io/ja

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

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