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CorporateVentureCapital.com

HIRAC Fund

Profile and portfolio

Parent Money ForwardHQ Tokyo, JapanFounded 2020

HIRAC Fund is the corporate venture arm of Money Forward, a technology company. It was founded in 2020 and is based in Tokyo, Japan. It invests from seed to Series A. Sectors it names: enterprise software, fintech.

Every figure links to its source

Snapshot

Investment stage: Seed to Series A
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Series A
SectorsSector agnostic, Enterprise software, Fintech
GeographyAsia
OfficesTokyo, Japan

Sources: S3 Money Forward release: HIRAC FUND II final close, JPY 9.08 billion; S1 Money Forward release: HIRAC FUND established (2020-07-29).

Graphic 1 of 1

Investment stage: Seed to Series A

Sources: S3 Money Forward release: HIRAC FUND II final close, JPY 9.08 billion; S1 Money Forward release: HIRAC FUND established (2020-07-29).

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Where it invests and who leads it

Geography

Headquarters
Tokyo, Japan

Investment regionsS3S1

LeadersS1

HIRAC Fund on LinkedIn

Key facts

FactValueStatusSource
Parent companyMoney ForwardSingle sourceS1
Parent industryTechnology and softwareSingle sourceS1
Founded2020Single sourceS1
HeadquartersTokyo, JapanSingle sourceS1
StatusActiveSingle sourceS1
Capital sourceParent and outside investorsSingle sourceS3
StagesSeed, Series A (inferred from announced rounds)EstimateS3

Fund vehicles

VehicleSizeYearSource
HIRAC FUND IJPY 3bn2020S3
HIRAC FUND IIJPY 9.1bn2023S3
HIRAC FUND IIIJPY 10bn2026S3

For founders

ItemWhat the firm saysSource
StagesSeed, Series A. Inferred from announced rounds; the firm does not state a range.S3
Contact formhirac.co.jp/contactS1

Portfolio

The firm's portfolio page lists 3 companies.S2

Shared portfolio with other corporate VCs

2 companies on the HIRAC Fund portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

FirmSharedCompanies in common
PARAMOUNT BED Healthcare Fund1TENTIAL
Rakuten Capital1TENTIAL
Lotte Ventures Japan1ワークサイド

Companies backed by the most corporate VCs

Every company on the HIRAC Fund list

3 companies, as listed on the firm's own website.S2 Read the firm's list.

  • TENTIAL
  • Workside
  • WRAY

Official pages

Read the firm's own pages for current information.

Sources

  1. S1Money Forward release: HIRAC FUND established (2020-07-29)Firm
  2. S2Money Forward release: first three HIRAC FUND investments (2020)Firm
  3. S3Money Forward release: HIRAC FUND II final close, JPY 9.08 billionFirm
  4. S4Money Forward release: HIRAC FUND III first close (2026-06-30)Firm
  5. S5HIRAC FUND official site (script-rendered)Firm
  6. S6HIRAC FUND official site, about pageFirm

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by HIRAC Fund or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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