16/09/2021
HONG KONG & TOKYO – 15 September 2021 –Timee, a leading gig-working platform in Japan, today announced a ¥5.3 billion (including loans) Series D round led by Keyrock Capital Management (“Keyrock”). This brings total capital raised (including loans) to approximately ¥9 billion since the service was launched in August of 2018.
https://prtimes.jp/main/html/rd/p/000000121.000036375.html
About Timee
Timee operates an on-demand staffing platform that matches people who want to work with businesses which have urgent labour needs. Workers simply pick their desired job, start working immediately and are paid directly afterwards. Companies only need to specify the hours and desired skills, and then are matched with a reliable and flexible workforce. This platform is used by a variety of industry sectors such as: logistics, convenience stores, retail stores and restaurants. Timee is used by more than 2 million workers and 44,000 stores (as of August 2021), making this the No. 1 platform in Japan. For more information, please visit https://timee.co.jp.
Jonathan Shih, Keyrock’s CIO said:
“We are very pleased to support Timee’s mission: solving the critical labour shortage issue in Japan. Timee’s gig-working platform provides tremendous value to corporates, workers, and society in general. We believe its future is very bright! Timee CEO Ryo Ogawa and his team have done a wonderful job of growing the company thus far, and we look forward to working with them for many years to come.”
Ryo Ogawa, Timee’s CEO said.
“We are very pleased to have Keyrock Capital Management as a lead investor in our Series D financing. Based on Keyrock's long-term investment policy, global research capabilities, and compatibility with CIO Jonathan Shih and the rest of the team, we decided that Keyrock would be the best partner for Timee. With this strong partnership, we will further accelerate business expansion to achieve our mission. As a founder & CEO, I will do everything to make Timee the global company in Japan.”
About Keyrock
Keyrock Capital Management is an investment firm headquartered in Hong Kong, with an affiliate office in Tokyo. The strategy is to invest in a concentrated portfolio of companies for the long term. The firm looks to partner with extraordinary entrepreneurs, who are building transformative businesses in growth industries. Keyrock invests in both privately held and publicly listed companies. The firm’s intention is to continue the relationship with portfolio companies even after IPO. For more information, please visit https://www.keyrockcap.com.
Jonathan Shih, Keyrock’s CIO said:
“Keyrock is actively investing in Japan because we believe the market is at an inflection point. There is a new breed of entrepreneur, like Ogawa-san of Timee, who are passionate and extremely talented. This younger generation wants to create innovative new businesses, utilizing technology, to tackle the challenges Japan faces. Keyrock believes there is a true renaissance occurring in Japan’s start-up community and is excited at the potential investment prospects.”
株式会社タイミーのプレスリリース(2021年9月15日 10時00分) タイミー、海外機関投資家を中心に総額53億円のシリーズD資金調達を実施