Trinity Technology raises JPY 1.81bn in Series B funding

Trinity Technology, which provides the family trust “Oyatoko” and the senior living support service “Ohisapo,” has raised a total of 1.81 billion yen (1.11 billion yen equity and 0.7 billion yen debt) in Series B funding through a third-party allocation of shares and loans from financial institutions. The funds were raised from 23 companies, including existing investors (18 of which are financial institutions). The cumulative funds raised to date total approximately 2.6 billion yen.

Trinity Technology aims to strengthen nationwide business partnerships with financial institutions and others to address social issues in Japan’s super-aged society, such as “asset freezing due to dementia” and “support for seniors living alone.”

The successful fundraising will allow Trinity Technology to expand its business. The provision of services that contribute to solving issues in the aging society is highly anticipated.

This round of fundraising was led by SBI Investment, with JAFCO Group, GMO VenturePartners, Mitsubishi UFJ Capital, and FFG Venture Business Partners participating again after the Series A round. New participants include Kiraboshi Capital, Sumitomo Life, JFR MIRAI CREATORS Fund, Nanana Capital, Iwagin Mirai Investment, Orix Bank, Shizuoka Capital, Hokkoku Capital, Sagin Capital & Consulting, Koko Narasu Skill Partners, Katsuryoku Fund, NOBUNAGA Capital Village, and Yamanashi Chuo Bank Management Consulting — 18 companies in total (including 13 financial institutions).

At the same time, venture debt financing was carried out with Yokohama Bank, Shizuoka Bank, Higashi-Nippon Bank, Shoko Chukin Bank, and Resona Bank.

Background

Trinity started as a judicial scrivener corporation group and was spun off in 2020 as a fintech/agetech startup with 7 locations nationwide covering Tokyo, Osaka, Fukuoka, Nagoya, Sendai, Yokohama and Mito.

With the mission of “Creating a ‘Reassuring’ World with the Power of People × Technology,” Trinity combines their expertise in asset management accumulated over 10+ years as a law professional group with technology to develop unprecedented services, focusing on solving issues in the aging society.

The family trust service “Oyatoko” has seen rapid growth, receiving thousands of inquiries annually and becoming the #1 family trust service in terms of number of contracts.

The amount of assets under contracted agreements has increased 18.5 times since the Series A fundraising.

Through alliances with over 700 partner companies, including 18 financial institutions, we are expanding services like “Oyatoko” and “Ohisapo” nationwide. Concurrently, Trinity is collaborating online with internet banks, online securities companies, etc.

Through the development of such services, Trinity is building a personal asset management platform and striving to become indispensable infrastructure in Japan’s super-aged society.

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