This is the abridged version from our original article in Japanese.
Tokyo-based Spika, a startup behind nail art photo app Nailbook, announced today that it has fundraised 100 million yen ($840,000) from B Dash Ventures and Gree Ventures. The round brings the team’s total funding to 150 million yen ($1.26 million), after a 50 million yen seed round funded from Incubate Fund and Soraseed Startups in January 2014 [1].
The company also announced last week that the Nailbook app has recently marked the 1 million download milestone without any paid promotion, which took about four years since its launch in April 2011.
In the app, you can follow other users you like, or favorite nail design photos for future reference. You can also upload recent nail designs of your own. Some professional nail artists even do this to promote their work.
Spika CEO Isao Koda gave us a comment upon this funding:
Since our app is not yet monetized, we have been focused on user acquisition without paid promotion. So the growth of our user base has mostly relied on word-of-mouth.
Followed by achieving the major download milestone, the company is looking to acquire more official user accounts of nail art salons. They have 1,300 official accounts from these salons, aiming to have more accounts leveraging a free-of-charge membership unlike other competing services. Spika plans to soon launch a new app that will allow users to book an appointment for treatment at a nail salon, which will obviously be integrated with the Nailbook app.
While 40% of new downloads comes from outside Japan thanks to the app having English and Chinese interfaces, the retention rate of these users is not yet so high. So if the company confirms that the booking app can be successfully monetizable by driving potential customer traffic to nail art salons, they think that they will make genuine efforts to expand the Nailbook app globally.
Spika will use the funds to hire engineers and designers who are interested in developing services for female users.
Translated by Masaru Ikeda
Edited by Kurt Hanson
In April 2014, Spika was spun off from Yumemi which had been initially operating Nailbook. ↩
See the original story in Japanese. Coupe is a web-based platform that helps beauticians find hairdressing models. Officially launched last Thursday, the platform has acquired over 130 models and dealt with more than 1,200 requests from beauty salons for models since its beta launch a while ago. Coupe announced today that it has secured an undisclosed sum of funding from CyberAgent Ventures. We recently spoke to Coupe co-founders and soon-to-graduate university students Megumi Takemura and Aiko Watanabe. Beautician provides inspiration Takemura came up with the idea for Coupe when her close friend started work at a famous beauty salon in Omotesando, a fashionable district in Tokyo. Typical trainee beauticians work everyday without a day off, but what is harder for them is finding hairdressing models. Regardless of the weather, these budding beauticians must stand out on the street to recruit passersby to be a hairdressing model. As a university student Takemura knows that many students want to be a hairdressing model. Seeing the difficult situation her friend was in, she hit on the idea for Coupe to help beauticians easily connect with potential hairdressing models. Unlike models who receive treatment for free in return for giving trainee beauticians the chance…
L to R: Coupe co-founder Megumi Takemura and Aiko Watanabe
Coupe is a web-based platform that helps beauticians find hairdressing models. Officially launched last Thursday, the platform has acquired over 130 models and dealt with more than 1,200 requests from beauty salons for models since its beta launch a while ago.
Coupe announced today that it has secured an undisclosed sum of funding from CyberAgent Ventures. We recently spoke to Coupe co-founders and soon-to-graduate university students Megumi Takemura and Aiko Watanabe.
Beautician provides inspiration
Takemura came up with the idea for Coupe when her close friend started work at a famous beauty salon in Omotesando, a fashionable district in Tokyo. Typical trainee beauticians work everyday without a day off, but what is harder for them is finding hairdressing models. Regardless of the weather, these budding beauticians must stand out on the street to recruit passersby to be a hairdressing model.
As a university student Takemura knows that many students want to be a hairdressing model. Seeing the difficult situation her friend was in, she hit on the idea for Coupe to help beauticians easily connect with potential hairdressing models.
Unlike models who receive treatment for free in return for giving trainee beauticians the chance to practice their haircutting and styling techniques, Coupe offers hairdressing models whose pictures will be used for a beauty salon’s menu, fashion magazine, or other publications. To ensure quality, a strict screening process means that only one out of ten applicants becomes a hairdressing model after receiving document-based and camera test-based qualifications.
Watanabe explained:
Many young women want to become a hairdressing model for beauty salons, which is now even more popular than fashion models for magazines. We sometimes recruit them but now receive many applications from aspiring hairdressing models.
Business model
Beauticians can benefit from Coupe, but will not be charged whether or not they find a good model using the platform. While the Coupe team had explored charging a fee to beauticians or beauty salons, they subsequently understood it was not substantial through a series of interviews.
So they set up a new business scheme called Coupe for Business as a primary monetization stream, where big companies like Recruit and DeNA pay to hire registered models for their business. Example includes Recruit starring Coupe’s models in the former’s web service called Preno as well as Uber using these models in their ads.
For companies that do not usually use models for business, they are not familiar with how to discuss with a model agency or typical pricing to hire a model. However, Coupe’s pricing is clear so that companies are required to pay 5,000 yen as a commission for the platform and an hourly-basis wage when hiring a model. The hourly wage price for models is different from person to person. While some models get paid 5,000 yen per hour, others are satisfied with these opportunities regardless of a lack of a wage.
Choosing an entrepreneur’s way
Coupe founders and CyberAgent Ventures team
Takemura had been worked as an intern at Logbar, the Japanese startup behind wearable device Ring. When she hesitated to start a business, Logbar CEO Takuro Yoshida encouraged her to try:
You never know about society or companies, but that’s your strongest weapon for now. You will not be able to launch anything by yourself once you get used to being employed.
She started exploring funding opportunities last November to secure funding before she graduates from university this spring. Invested funds were recently remitted to their bank account, and they are ready to focus on expanding their business. But before reaching that point, Takemura had a tough time raising the money. Her knowledge of entrepreneurship or investment only came from what she read in books, so everything that has happened in this process has been new to her.
Takemura explained:
Through my funding effort, I came to thoroughly understand how the system of investment works. I think what I learned from the recent several-month experience was much more than I could have learned in four years at university.
Watanabe is in charge of managing models for the Coupe platform. While running a startup, she got to know how important it is to manage herself both physically and mentally.
Takemura continued:
I have failed in many things and have been disappointed because I’ve never experience so much. However, I can find my advantage in myself, so I’m becoming more optimistic.
The Team
The Coupe team consists of three interns, three former beauticians, and one engineer, aged 18 to 23. They are hiring more engineers who are interested in solving problems in the beauty salon industry. Most team members are young women, so they have the ability to develop the service by understanding the perspective of hairdressing models.
Takemura explained:
I think that men cannot develop something like Coupe. Because we are in the same generation with our users, we can understand their desires to have a cute makeup and a photo shoot. That’s why we can keep thinking about how to make them look great.
Watanabe added:
Aspiring hairdressing models had no chance other than being recruited on the street by beauticians before the Coupe platform was introduced. Instead of a registration site for models, we want to make the platform as a predigested brand for everyone. That’s why we sometime organize meet-ups for users
to get them well connected with each other.
Marketing expansion
If models can manage themselves using the Coupe platform, more companies will be able to hire models without using model agencies. Hence, the Coupe team plans to strengthen acquiring companies using the platform, aiming to receive new registrations from over 20 models and 100 orders that send hairdressing models to companies every month.
While it is hard for hairdressing models to make a living, the team looks to have more users who can make a living with orders from the Coupe platform. They work out of Takemura’s home, but they plant to rent an office in Omotesando, where models can come together and meet.
Takemura concluded:
We want to tell more people that entrepreneurship is an option. I don’t think I am not an entrepreneur. I got here by simply choosing the best way. Even if I fail in the path I choose, I will definitely gain great experience in the effort. Everyone has a different best choice, but I want to tell people there is a way by launching a business.
Translated by Masaru Ikeda Edited by Kurt Hanson Proofread by “Tex” Pomeroy
See the original story in Japanese. Team Slush, the organizer team behind Finland’s annual tech startup conference Slush, announced today that it will hold its first Asian edition in Tokyo on April 24th, called Slush Asia. See also: CAPTCHA startup Capy wins Tokyo pitch event, moves on to Slush 2014 in Helsinki The organizing team for the Tokyo event is led by Antti Sonninen, former Rovio Entertainment Japan GM and now Beatrobo COO, and will invite prominent people in the tech industry as guest speakers, including Supecell CEO Ilkka Paananen, Rovio’s Mighty Eagle Peter Vesterbacka, Mistletoe CEO Taizo Son, and DeNA founder Tomoko Namba. The Bridge is proud to serve the Tokyo event as a media sponsor, so please stay tuned for more updates. Translated by Masaru Ikeda Edited by “Tex” Pomeroy
Gungho Entertainment Chairman Taizo Son and Supercell CEO Ilkka Paananen speak at Slush 2014, Helsinki, FInland.
Team Slush, the organizer team behind Finland’s annual tech startup conference Slush, announced today that it will hold its first Asian edition in Tokyo on April 24th, called Slush Asia.
The organizing team for the Tokyo event is led by Antti Sonninen, former Rovio Entertainment Japan GM and now Beatrobo COO, and will invite prominent people in the tech industry as guest speakers, including Supecell CEO Ilkka Paananen, Rovio’s Mighty Eagle Peter Vesterbacka, Mistletoe CEO Taizo Son, and DeNA founder Tomoko Namba.
The Bridge is proud to serve the Tokyo event as a media sponsor, so please stay tuned for more updates.
Translated by Masaru Ikeda Edited by “Tex” Pomeroy
This is the abridged version from our original article in Japanese. Tokyo-based PurpleCow, the startup behind crowdsourced animation production platform Crevo and crowdsourced logo design platform DesignClue, announced today that it has fundraised 100 million yen ($840,000) from CyberAgent Ventures and B Dash Ventures. The company also announced it will rebrand its company name to Crevo Inc. See also: Meet the Japanese company looking to change online video by crowdsourcing animation Japan’s Designclue wants to build Asia’s largest logo crowdsourcing market Crevo allows users to choose a creator from the portfolio page and then order various video work, such as promotion videos for an app, or a YouTube ad with custom scenario and characters. In addition to matching clients and creators, Crevo is actively involved with the production process until the end of the project. Since its launch in March 2014, the crowdsourced animation production platform has acquired over 250 corporate users and transacted orders worth over 100 million yen ($840,000) to date. The company will use the funds to strengthen system development and marketing. Translated by Masaru Ikeda Edited by Kurt Hanson
PurpleCow (to be rebranded as Crevo) CEO Kensuke Shibata
This is the abridged version from our original article in Japanese.
Tokyo-based PurpleCow, the startup behind crowdsourced animation production platform Crevo and crowdsourced logo design platform DesignClue, announced today that it has fundraised 100 million yen ($840,000) from CyberAgent Ventures and B Dash Ventures. The company also announced it will rebrand its company name to Crevo Inc.
Crevo allows users to choose a creator from the portfolio page and then order various video work, such as promotion videos for an app, or a YouTube ad with custom scenario and characters. In addition to matching clients and creators, Crevo is actively involved with the production process until the end of the project.
Since its launch in March 2014, the crowdsourced animation production platform has acquired over 250 corporate users and transacted orders worth over 100 million yen ($840,000) to date. The company will use the funds to strengthen system development and marketing.
See the original story in Japanese. Tokyo-based Minimal Technologies launched a website translating service called WOVN.io in August. It instantly turns a website into a multilingual environment only by adding a single Javascript code to the website source. Since its launch, the service has been adopted to 4,000 website and created 120,000 translated webpages. While about 100 pages were translated each day in September, it has since grown to 600 to 700 pages a day. See also: From Infinity Ventures Summit in Kyoto: 13 startups pitch at Launch Pad competition Wovn.io recently added premium plans, which allows website owners to customize embedded WOVN.io widgets and translate more than five translated pages of their website. The premium edition provides three different plans according to the number of pages requiring translation: Startup, Business, and Enterprise. The Startup type is available for a monthly charge of $19, providing translation for up to 100 pages of a website. When an original page containing a WOVN JavaScript code is updated, WOVN.io will automatically detect that and create an updated translation for website visitors. While the Startup plan limits a translated language selection to one language, upper range plans like Business and Enterprise can create webpages…
Tokyo-based Minimal Technologies launched a website translating service called WOVN.io in August. It instantly turns a website into a multilingual environment only by adding a single Javascript code to the website source. Since its launch, the service has been adopted to 4,000 website and created 120,000 translated webpages. While about 100 pages were translated each day in September, it has since grown to 600 to 700 pages a day.
Wovn.io recently added premium plans, which allows website owners to customize embedded WOVN.io widgets and translate more than five translated pages of their website. The premium edition provides three different plans according to the number of pages requiring translation: Startup, Business, and Enterprise.
The Startup type is available for a monthly charge of $19, providing translation for up to 100 pages of a website. When an original page containing a WOVN JavaScript code is updated, WOVN.io will automatically detect that and create an updated translation for website visitors. While the Startup plan limits a translated language selection to one language, upper range plans like Business and Enterprise can create webpages in more than three languages using machine translation.
The price of the Enterprise plan is available upon request. In addition to aforementioned features, Minimal Technologies plans to add new features such as web server customization and A/B testing.
When I previously wrote about WOVN.io, several readers asked about how SEO (search engine optimization) performance for WOVN-installed websites is considered. The company has confirmed that translated pages are appropriately indexed by the Google search engine in their internal test, and will publish a library this spring so that website owners can place critical SEO measures on the translated pages of their website.
In addition to founder/CEO Takaharu Hayashi and co-founder Jeff Sandford, Minimal Technologies recently added a French engineer and a Taiwanese sales representative to the team. In view of which languages are in high demand for translating website pages using WOVN.io, Chinese is ranked top followed by Korean and Spanish. They plan to focus on developing and marketing an enterprise version for Japanese companies.
L to R: CEO Takaharu Hayashi, co-founder Jeff Sandford
Translated by Taijiro Takeda Edited by Masaru Ikeda and Kurt Hanson
Manila-based Yoyo Holdings [1], the Japanese-led startup known for its mobile rewards platform Candy, announced last week that it has launched a lock screen-based rewards platform for Android users in Indonesia, called PopSlide. The app is available on Google Play in Indonesia. The platform distributes news, weather forecasts, other updates, and ads to your smartphone lock screen. In return for viewing such information, users receive rewards for free Internet access on their smartphone. See also: Mobile rewards startup Yoyo Holdings raises $1.3 million From Infinity Ventures Summit in Kyoto: 13 startups pitch at Launch Pad competition Prior to Indonesia, Yoyo Holdings launched PopSlide in the Philippines in August last year, where the app surpassed 100,000 downloads in only 10 days after launch and stayed on top of the free Lifestyle Category of the Google Play store for 30 days. Their advertisers include major global brands such as McDonald’s, Nestle, Unilever, Intel, and CNN. Yoyo Holdings will launch the service in India, Vietnam, Thailand, and Malaysia, aiming to serve over 400 million Android users in Southeast Asia. Edited by Kurt Hanson Incorporated in Singapore. ↩
Manila-based Yoyo Holdings[1], the Japanese-led startup known for its mobile rewards platform Candy, announced last week that it has launched a lock screen-based rewards platform for Android users in Indonesia, called PopSlide. The app is available on Google Play in Indonesia.
The platform distributes news, weather forecasts, other updates, and ads to your smartphone lock screen. In return for viewing such information, users receive rewards for free Internet access on their smartphone.
Prior to Indonesia, Yoyo Holdings launched PopSlide in the Philippines in August last year, where the app surpassed 100,000 downloads in only 10 days after launch and stayed on top of the free Lifestyle Category of the Google Play store for 30 days. Their advertisers include major global brands such as McDonald’s, Nestle, Unilever, Intel, and CNN.
Yoyo Holdings will launch the service in India, Vietnam, Thailand, and Malaysia, aiming to serve over 400 million Android users in Southeast Asia.