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Recruit Strategic Partners

Asia, Tokyo, Japan, Tokyo

Description

Recruit Strategic Partners (RSP) was the corporate venture capital arm of Recruit Holdings, a leading Japanese conglomerate renowned for its extensive services in HR, marketing, and media. Established with a mission to invest in innovative startups globally, RSP played a pivotal role in Recruit Holdings' strategic initiatives, fostering innovation and market expansion. In 2021, RSP underwent a significant rebranding, transitioning its operations and identity to Recruit Ventures. This strategic evolution aimed to reflect an updated investment strategy and a broader focus on future-oriented sectors, while maintaining its commitment to supporting groundbreaking companies.

Recruit Ventures, building upon the foundation laid by RSP, maintains a global investment mandate, with a particular emphasis on identifying and backing promising startups in Japan, the United States, and Europe. The firm primarily targets companies across Seed, Series A, and Series B stages, seeking out disruptive technologies and business models that align with their core investment themes: the "Future of Work," "Future of Life," and "Future of Media." Beyond providing capital, Recruit Ventures is dedicated to offering strategic value, leveraging Recruit Holdings' vast network, operational expertise, and deep market insights to accelerate the growth and market penetration of its portfolio companies.

Since its inception as RSP, the venture arm has cultivated a substantial portfolio, having invested in over 100 startups worldwide. The cumulative total investment amount across all its funds has exceeded 30 billion Japanese Yen, which translates to approximately $200 million USD (at prevailing exchange rates), demonstrating a significant commitment to the startup ecosystem over time. The firm's typical first check size ranges from several hundred thousand dollars, often starting around $200,000, up to several million dollars, reaching approximately $5,000,000. This flexible investment approach enables them to participate effectively in various funding rounds and support startups through different critical phases of their development, from early-stage ideation to significant growth.

Investor Profile

Recruit Strategic Partners has backed more than 45 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 13% of its total and boasts 25 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Japan, India.
  • Strong thematic focus on Software, Artificial Intelligence (AI), FinTech.
  • Typical check size: $200K – $5M.

Stage Focus

  • Series A (31%)
  • Series B (24%)
  • Seed (16%)
  • Series Unknown (9%)
  • Series C (9%)
  • Convertible Note (2%)
  • Private Equity (2%)
  • Angel (2%)
  • Debt Financing (2%)
  • Series E (2%)

Country Focus

  • United States (67%)
  • Japan (13%)
  • India (9%)
  • Israel (2%)
  • Sweden (2%)
  • Germany (2%)
  • United Kingdom (2%)
  • China (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Fintech
  • E-commerce
  • Saas
  • Financial Services
  • Information Technology
  • Payments
  • Enterprise Software
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Recruit Strategic Partners frequently co-invest with?

Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 2
FJ Labs
North America, New York, United States, New York
Co-Investments: 2
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 3
SBI Investment
Asia, Chiba, Japan, Minato
Co-Investments: 3
IA Ventures
North America, New York, United States, New York
Co-Investments: 4
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 3
BoxGroup
North America, New York, United States, New York
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
DNX Ventures
North America, California, United States, San Mateo
Co-Investments: 2
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 4

Which angels does Recruit Strategic Partners often collaborate with?

TM
North America, Virginia, United States, Ashburn
Shared Deals: 1
AP
North America, Massachusetts, United States, Boston
Shared Deals: 1
AB
North America, New York, United States, New York
Shared Deals: 1
AP
North America, New York, United States, New York
Shared Deals: 1
PS
North America, California, United States, San Francisco
Shared Deals: 1
ML
North America, New York, United States, New York
Shared Deals: 1
SB
North America, New York, United States, New York
Shared Deals: 2
JD
North America, Massachusetts, United States, Boston
Shared Deals: 1
PV
North America, California, United States, San Francisco
Shared Deals: 1
BB
North America, Washington, United States, Bellingham
Shared Deals: 1

What are some of recent deals done by Recruit Strategic Partners?

Blacklane

Berlin, Berlin, Germany

Blacklane is a provider of chauffeur services that offer carbon-neutral vehicles for traveling.

HospitalityProfessional ServicesTourismTransportationTravel
Series UnknownMar 24, 2021
Amount Raised: $25,988,386
Steady

Atlanta, Georgia, United States

Steady removes barriers to earn through its income intelligence that supports hourly, 1099 and mixed-earners in earning more.

EducationFinTechInternet
Series BJun 16, 2020
Amount Raised: $15,000,000
ZenBusiness

Austin, Texas, United States

Small business simplified. One easy platform, everything you need to launch, run, and grow a successful business. #ownwhatsyours

Business DevelopmentBusiness Information SystemsInternet
Series ASep 25, 2019
Amount Raised: $15,000,000
Fundbox

Plano, Texas, United States

Fundbox is an AI-powered financial platform for small businesses.

B2BFinancial ServicesFinTechPaymentsSoftware
Series CSep 24, 2019
Amount Raised: $176,000,000
Breez

Tel Aviv, Tel Aviv, Israel

Lightning fast Bitcoin payments

BitcoinPayments
SeedJul 1, 2019
BlockFi

Jersey City, New Jersey, United States

BlockFi develops a blockchain-driven wealth management platform for crypto investors.

BitcoinBlockchainConsumer LendingCryptocurrencyFinTechWeb3
Convertible NoteDec 12, 2018
Amount Raised: $4,000,000
Veem

San Francisco, California, United States

Veem is a payment service provider that helps simplify the way businesses send and receive funds.

BitcoinBlockchainFinancial ServicesFinTechPayments
Series BAug 14, 2018
Savioke

San Jose, California, United States

Savioke develops and deploys autonomous delivery robots that work in human environments to improve people’s lives.

Information TechnologyInnovation ManagementRobotics
Series BJun 28, 2018
Amount Raised: $17,000,000
Locus.sh

Bangalore, Karnataka, India

Locus is a real-world ready dispatch management platform for last-mile excellence

Big DataData VisualizationLogisticsSoftwareSupply Chain Management
Series AJun 4, 2018
Amount Raised: $4,000,000
Open Financial Technologies

Bangalore, Karnataka, India

Open is a neo-banking platform for SMEs and startups that enables businesses to manage their finances effectively.

Financial ServicesFinTech
SeedMay 17, 2018
Amount Raised: $2,000,000