Retty, Inc. announced that it has received ¥1.1 billion in funding from ABC Dream Ventures Inc., Wil LLC, Eight Roads Ventures Japan
July 27, 2016
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Retty, Inc. announced that it has received ¥1,100 million in its series D round of funding led by Wil LLC on July 28, 2016. The round included participation from ABC Dream Ventures Inc and existing investor Eight Roads Ventures Japan. The company has received ¥2,550 million in funding till date.
Retty Inc is a Japan-based company mainly engaged in the operation of a real name gourmet platform Retty that accumulates restaurant recommendation information and restaurant information nationwide, and provides individually optimized restaurant information to users. Store information such as store data, real name recommendation data, browsing log data, follow-up and action data are stored in Retty. The Company is engaged in the provision of two services. The fun relationship management (FRM) service is a subscription business model in which a fixed monthly service fee income is earned from contracted restaurants. It provides online sales promotion services, advertising services and customer management systems. The advertising content services consist of advertising solutions that send Retty users to customers through tie-ups, ad technology and alliances, as well as content solutions that accumulate and provide content to cosmetics, apparel, travel, real estate and other industries.