Monicle raises JPY 1.3bn in Series B

Monicle was founded in October 2021 with the aim of “creating new value for life and money with free ideas.” It is the holding company of a group that includes two companies, Navigator Platform, which was established in 2013, and OneMile Partners, which was established in 2018, and functions as the control tower of the group.

The equity round was raised from existing investors JAFCO and Mizuho Capital, as well as new investors Lotte Ventures Japan, Chugoku Electric Power, and Globe Advisors Ventures. Debt financing was provided by Shizuoka Bank, Resona Bank, Mizuho Bank and Shoko Chukin Bank.

The Navigator Platform owns the economic media for life and money “LIMO”, whose articles are distributed on major portal sites and news curation apps, and have received a lot of support from working people in their 20s to 50s, especially women. The number of monthly unique users in May of this year exceeded 12 million, and LIMO has grown to become one of the largest economic media in Japan.

One Mile Partners operates the asset management service “Moneiro” that provides web diagnostic tools that help users determine the future funds they need, online consultations with financial advisors (FA), and themed online seminars. Users can learn basic methods of asset management and consult directly with FAs online. The service is rapidly growing, gaining more than 4,000 new members per month.

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