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LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B
This Japanese AI startup just raised $100M to cut businesses’ admin burden.
Other investors, including MUFG Bank, Mitsubishi UFJ Innovation Partners, JAFCO Group, Keyrock Capital, Coreline Venture, and JP Investment, also joined the Series B round, bringing the total raised to $192.2 million. Its team includes “more than 12 former CTOs and a Kaggle Grandmaster.” Bakuraku offers a comprehensive, integrated platform covering “expense management, invoice processing, corporate cards, workflows, e-ledger compliance, attendance, and receivables—all in one solution,” Fukushima added. Looking forward, the company targets approximately $680 million (¥100 billion) in annual recurring revenue by fiscal year 2030, with roughly half expected to come from its AI agent business.
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