Startup
Kakehashi
株式会社カケハシ
#11 in the Japan Top 100 Startups
| Founded / HQ | 2016 · Tokyo |
|---|---|
| Equity raised to date | ¥28.9B “約149億円(2023年3月累計)+約140億円(シリーズD)” Summed by The Raising Sun from disclosed rounds · as of 10 Jun 2025 · Kakehashi (summed by us) STARTUP DB lists ¥30.02B. |
| Last round | 10 Jun 2025 · Series D · ¥14B 約140億円 |
| Latest public valuation | Not publicly disclosed (we do not estimate) |
| Unicorn | No |
| Website | www.kakehashi.life |
From Japanese sources
Findings from Japanese-language filings, government records, trade press, interviews and job posts, with our English analysis. Items tagged Japanese-only had no English coverage when we checked quickly. Most insightful first.
| 2025-08-29 | Exec interviewJapanese-onlyInside Kakehashi's Series D: how a secondary sale grew into a ¥15B round カケハシがセカンダリー起点で実現したシリーズDラウンドの裏側 CEO Takashi Nakagawa explains that the round began as a small secondary-plus-primary deal. It was rebuilt above ¥10B because many foreign funds have a '$100M minimum' and few Japanese rounds clear that bar. Both co-founders sold a small part of their stakes for the first time after years of low pay. The interview shows how secondaries and round size now act as levers for attracting overseas capital to Japan. Source: Nstock Journal |
|---|---|
| 2026-01-26 | Regulatory filingJapanese-onlyKakehashi's FY2/2025 statutory notice: net loss ¥2.44B 株式会社カケハシ 第9期決算公告 The notice shows a ¥2.44B loss, an accumulated deficit of ¥5.97B and total assets of ¥6.65B before the Series D cash arrived. That is a modest burn for a ¥10B+ pharmacy-SaaS player, consistent with the CEO's view that an IPO is not a near-term goal. Source: Kanpō financial notice (via 官報決算データベース) |
Overview
Kakehashi makes software for Japanese pharmacies, led by Musubi, an electronic medication-record and patient-guidance system, now with an AI assistant that drafts records from voice; that feature is in more than 5,500 pharmacies. It also runs projects linking hospitals, pharmacies and patients, such as an AMED-funded study for outpatient cancer patients. It sells subscriptions to pharmacies. Its June 2025 Series D of about ¥14B was led by Goldman Sachs, following a ¥9.4B Series C in 2023; it also uses venture debt, which we exclude.
Built from: Series D release · Newsroom
Company timeline
Founded
| Date | 2016-03-30· Kakehashi |
|---|---|
| Founders | Yutaka Nakao, Takashi Nakagawa |
Funding
| Date | Round | Amount | Lead / key investors | Source |
|---|---|---|---|---|
| 2018-05-14 | Series A (close) | ¥900M 総額約9億円 | PR TIMES | |
| 2019-10-31 | Series B | ¥2.6B 約26億円 | PR TIMES | |
| 2020-10-12 | Funding | ¥1.8B 18億円 | PR TIMES | |
| 2022-02-17 | Debt | Undisclosed 新株予約権付融資を活用した資金調達を実施 | PR TIMES | |
| 2023-01-11 | Series C (first close) | ¥7.6B 76億円 | PR TIMES | |
| 2023-03-29 | Series C | ¥9.4B (cumulative ≈¥14.9B) シリーズC総額94億円 | Kakehashi | |
| 2025-06-10 | Series D | ≈¥14B 約140億円のシリーズDラウンド | Goldman Sachs | Kakehashi |
| 2025-06-10 | Series D | ≈¥14B 約140億円のシリーズD | Company release (PR TIMES) | |
| 2025-07-02 | Venture debt (excluded) | Undisclosed ベンチャーデットを活用した資金調達 | Kakehashi |
Key hires & board
| 2025-07-01 | HireKakehashi CTO Keita Yunomae becomes executive of Japan CTO Association· PR TIMES |
|---|---|
| 2026-06-08 | C-levelNew CFO and Chief Legal Officer appointed· Kakehashi |
Milestones
| 2025-08-29 | RecognitionKakehashi named in Findy Team+ Award 2025 for third year· PR TIMES |
|---|---|
| 2025-12-16 | PartnershipKakehashi begins business partnership with Geltec· PR TIMES |
| 2026-05-11 | ProductAI voice-based medication record generation rolled out to all Musubi users· Kakehashi |
| 2026-07-06 | GrantAMED-backed large trial connecting hospitals, pharmacies and cancer outpatients· Kakehashi |
| 2026-07-06 | RecognitionKakehashi starts AMED-backed trial linking hospitals, pharmacies and cancer outpatients· PR TIMES |
| 2026-09-15 | TractionAI voice record feature passes 5,500 pharmacies· Kakehashi |
| 2026-09-15 | TractionKakehashi AI voice medication-record feature passes 5,500 pharmacies· PR TIMES |
News
| 2026-09-29 | Exhibiting at the Japan Pharmacy Society congress 【出展・セミナー情報】「第20回 日本薬局学会 学術総会」展示ブース出展およびランチョンセミナー共催の· Kakehashi |
|---|---|
| 2026-09-29 | Exhibiting at the Japan Pharmaceutical Association congress 【出展・セミナー情報】「第59回 日本薬剤師会学術大会」展示ブース出展およびランチョンセミナー共催の· Kakehashi |
| 2026-09-15 | AI voice medication-record feature passes 5,500 pharmacies カケハシ「AIアシスタント 音声薬歴生成機能」、導入5,500店舗を突破!国内の薬局向けAI音声薬歴生成機能として業界トップクラス *¹ の導入数· Kakehashi |
| 2026-09-15 | Kakehashi AI voice medication-record feature passes 5,500 pharmacies カケハシ「AIアシスタント 音声薬歴生成機能」、導入5,500店舗を突破!国内の薬局向けAI音声薬歴生成機能として業界トップクラス *¹ の導入数· PR TIMES |
| 2026-09-02 | Survey: 11.7% use pharmacies for minor health consultations 【カケハシ・生活者の薬局活用実態調査】薬局を「日常のちょっとした不調の相談」に利用する人は11.7%、OTC購入やセルフチェックなど、処方薬の受け取り以外にも多様な活用· Kakehashi |
| 2026-09-02 | Kakehashi survey: 11.7% use pharmacies for minor health advice 【カケハシ・生活者の薬局活用実態調査】薬局を「日常のちょっとした不調の相談」に利用する人は11.7%、OTC購入やセルフチェックなど、処方薬の受け取り以外にも多様な活用· PR TIMES |
| 2026-07-16 | Login outage resolved 【復旧の】弊社サービスへのログイン障害について· Kakehashi |
| 2026-07-06 | AMED project to close care gaps for cancer outpatients カケハシ、AMED採択事業で外来がん患者の「医療接点の空白」解消へ 病院・薬局・患者をつなぐ大規模実証を開始· Kakehashi |
| 2026-07-06 | Kakehashi starts AMED-backed trial linking hospitals, pharmacies and cancer outpatients カケハシ、AMED採択事業で外来がん患者の「医療接点の空白」解消へ 病院・薬局・患者をつなぐ大規模実証を開始· PR TIMES |
| 2026-06-23 | 10th anniversary Pharmacy Leaders Day with ex-BOJ governor Kuroda 創業10周年のカケハシ、前日銀総裁の黒田東彦氏らを迎え「Pharmacy Leaders Day 2026」を7月8日に開催· Kakehashi |
| 2026-06-23 | Kakehashi marks 10th anniversary with Pharmacy Leaders Day 2026 創業10周年のカケハシ、前日銀総裁の黒田東彦氏らを迎え「Pharmacy Leaders Day 2026」を7月8日に開催· PR TIMES |
| 2026-06-08 | New CFO and CLO appointed 新執行役員CFOおよびCLO(Chief Legal Officer)就任の· Kakehashi |
| 2026-05-19 | Featured in Nikkei STARTUP X 日本経済新聞「STARTUP X」にて、当社記事が掲載されました。· Kakehashi |
| 2026-05-11 | AI voice medication-record feature becomes standard in Musubi カケハシ、「AIアシスタントー音声薬歴生成機能ー」の提供を本格開始。先行検証を経て、「Musubi」の標準機能として全ユーザーへ展開· Kakehashi |
| 2026-02-05 | Joint study on patient follow-up and side-effect detection published 副作用検出率向上につながる患者フォローアップの役割を示した共同研究が「レギュラトリーサイエンス学会誌」に掲載· PR TIMES |
| 2025-12-23 | Kakehashi brings Zoo Inc. into its group カケハシ、株式会社ズーのグループ参画を通じサービス提供体制の充実と医療体験向上を加速· PR TIMES |
| 2025-12-16 | Kakehashi begins business partnership with Geltec カケハシ、ゲルテック株式会社と業務提携を開始· PR TIMES |
| 2025-08-29 | Kakehashi named in Findy Team+ Award 2025 for third year カケハシ、エンジニア組織の開発生産性が優れた企業 「Findy Team+ Award 2025」に3年連続で選出· PR TIMES |
| 2025-07-01 | Kakehashi CTO Keita Yunomae becomes executive of Japan CTO Association カケハシ 執行役員CTO 湯前 慶大が 日本CTO協会 新幹事に就任· PR TIMES |
| 2025-06-10 | Kakehashi raises ≈¥14B Series D カケハシ、約140億円のシリーズDラウンドを実施· Kakehashi |
Founder profiles: Yutaka Nakao
Funding rounds in 2026
No 2026 rounds in our database yet. Earlier funding is summarised above from the cited source.