Invention of Problem


Proving an Impact through one investment

An investment that restructures the “value” and “quality".

Supplying big capital is not an essential value of our firm.

We have a strong attitude to input and drive “critical thinking” behind a new startup.

After the problem is clarified and solution become established in the world,

people could not imagine the society without that solution.

An investment that innovates this world.

We will become a real partner to execute the strategy together.

INVENTION OF THE ESSENCE ----we will keep on doing it.


  • Coda Payments

    Neil Davidson

    The reason I chose GMO VenturePartners?

    Deep domain expertise in payments.

  • KAIZEN platform
    CEO / co-founder

    Kenji Sudo

    The reason I chose GMO VenturePartners?

    Each member of the firm has experience of managing their own businesses and knows a lot about the industry. I felt so comfortable talking with them, since we experience something in common.

  • FreakOut
    CEO / founder

    Honda Yuzuru

    The reason I chose GMO VenturePartners?

    I wanted to let someone who is strong in adtech, on board.

  • Sansan
    CEO / founder

    Chika Terada

    The reason I chose GMO VenturePartners?

    I qualitatively judged by two factors. If I would like to work with these guys and they will strongly influence in our growth.

  • Lancers
    CEO / founder

    Yosuke Akiyoshi

    The reason I chose GMO VenturePartners?

    We wanted a real partner that we can trust and maximize our business.

    CEO / founder

    Umeda Yusuke

    The reason I chose GMO VenturePartners?

    I focused at two points; sharing the same vision and have a strong experience at building a new business.

  • Chatwork
    CEO / founder

    Toshiyuki Yamamoto

    The reason I chose GMO VenturePartners?

    I had an intution that GMO will be a strong partner competing globally

  • Money Forward
    CEO / founder

    Yosuke Tsuji

    The reason I chose GMO VenturePartners?

    GMO has an entrepreneur's mindset and knows "the importance of innovation" and is the partner that we can share our vision as a long term partner.

  • Raskul
    CEO / founder

    Yasukane Matsumoto

    The reason I chose GMO VenturePartners?

    I have a strong respect and there is a lot to learn from the managment team. Also, GMO commits to support us for a long term to become an excellent company.

  • Aperza
    CEO / founder

    Makoto Uno

    The reason I chose GMO VenturePartners?

    “The manufacturing industry has a great potential to change Japan.” I said talking about future trends. They shared my excitement, so I am sure that it was a right choice to make them our partner.



  • Japan
  • AXEL MARK, INC.【3624】
    (went public in 2006)
  • aratana inc.
    (acquired by START TODAY)
    aratana inc.
  • Weblio, Inc. Weblio, Inc.
  • VASILY, Inc.
    (acquired by START TODAY)
    VASILY, Inc.
  • Kauli, Inc.
    (acquired by VOYAGE GROUP)
    Kauli, Inc.
  • Sansan, Inc. Sansan, Inc.
  • C Channel C Channel
  • ChatWork ChatWork
  • Nangoku Software Co.,Ltd. Nangok Software Co.,Ltd.
  • LIFULL Co., Ltd.【2120】
    (went public in 2006)
    LIFULL Co., Ltd.
  • bitFlyer Inc.  bitFlyer Inc.
  • FreakOut Holdings, inc.【6094】
    (went public in 2014)
  • Full Speed Inc.【2159】
    (went public in 2007)
    Full Speed Inc.
  • VECTOR INC.【6058】
    (went public in 2012)
  • popIn Inc.
    (acquired by Baidu)
    popIn Inc.
  • Money Forward, Inc.【3994】
    (went public in 2017)
    Money Forward, Inc.
  • Mercari, Inc.【4385】
    (went public in 2018)
    Mercari, Inc.
  • UZABASE, Inc.【3966】
    (went public in 2016)
    UZABASE, Inc.
  • REALWORLD,inc.【3691】
    (went public in 2014)
  • LOCKON CO.,LTD.【3690】
    (went public in 2014)
  • raksul, Inc.【4384】
    (went public in 2018)
    raksul, Inc.
  • renoveru,Inc. renoveru,Inc.
  • Aperza Inc. Aperza Inc.
  • Kaizen Platform, Inc. Kaizen Platform, Inc.
  • LeapMind, Inc. LeapMind, Inc.
  • every, Inc. every, Inc.
  • Knowledge Merchants Works Inc. Knowledge Merchants Works Inc.
  • Incubation
  • Truss Inc. 株式会社トラス
  • 株式会社BrainCat 株式会社BrainCat
  • TradFit株式会社 TradFit株式会社
  • Global
  • aCommerce aCommerce
  • Coda Payments Coda Payments
  • Qihoo 360 Technology Co. Ltd.
    (went public in 2011)
    Qihoo 360 Technology Co. Ltd.
  • 2C2P Pte. Ltd. 2C2P Pte. Ltd.
  • Red Dot Payment Pte. Ltd. Red Dot Payment Pte. Ltd.
  • Doblet, Inc. Doblet, Inc.
  • Walksource, Inc. Walksource, Inc.
  • The Theorem Group, Inc. The Theorem Group, Inc.
  • Dragonpay Corporation. Dragonpay Corporation.
  • Indotrading
  • Pinkoi Inc. Pinkoi
  • Razorpay, Inc. Razorpay
  • The Treeline Company Treeline
  • FinAccel Pte Ltd. Finaccel
  • Carro Carro
  • One Mobikwik Systems Pvt. Ltd. Mobikwik
  • Fond, Inc. Fond
  • Boku, Inc.
    (went public in 2017)
  • LetsTransport LetsTransport
  • Appota Corporation Appota


Total Capital$130Mas of May 2018

Target AreaASIA & USA

No. of Portfolio49as of April 2017

No. of IPO9as of April 2017

Target StageSeries A

Group Facts


136 Group Companies (as of Dec 2016)

Net sales(Consolidated)
$1,350 million (in 2016)

Operating income(Consolidated)
$166 million (in 2016)

  • 〔Mobile / Gaming Segment〕Smartphone/ Gaming 1,090K MAU

    [Smartphone / Gaming]

    230K MAU

    as of Dec 2016

  • 〔Internet Infrastructure Segment〕Online Securities FX Trading No.1 in Transaction Fees in the world.

    [Internet Securities Business]

    No.1 Transaction Volume
    of FX Trading in the world

    as of Dec 2016

  • 〔Internet Infrastructure Segment〕Website Hosting Service Market Share 56.8% 710K Websites

    [Website Hosting Service]

    54.6% Market Share in Japan
    782K Active Subscribers

    as of Dec 2016

  • 〔Internet Infrastructure Segment〕Online Payment 47K websites that make $13 billion Transactions Volume / year.

    [Online Payment]

    81K Merchants

    $21 billion Transaction Volume

    as of Dec 2016

  • 〔Internet Infrastructure Segment〕Domain Registration Market Share 92.8% 4,250K Websites

    [Domain Registration]

    90.3% Market Share in Japan
    6,010K Active Subscribers

    as of Dec 2016

  • 〔Internet Infrastructure Segment〕e-commerce consulting service Japan No.1

    [eCommerce Cart]

    No.1 Share in Japan

    75K Paid Merchants

    as of Dec 2016

  • 〔Internet Infrastructure Segment〕Security Technology SSL Japan Market Share No.1

    [SSL Certificates]

    No.1 in Japan

    as of Dec 2015

  • 〔Online Advertising/ Media Segment〕Online Advertising 17,820K PC Users 4,270 MAU

    [Ad / Media]

    4,080K MAU

    as of Dec 2016


Ryu Muramatsu

Ryu Muramatsu | Director / Founding Partner

Ryu Muramatsu is a co-founder and Executive Vice President of GMO Payment Gateway Inc and a Founding Partner and Director of GMO VenturePartners. GMO Payment Gateway is the largest online payment service provider in Japan, public since 2005. Currently, he resides in Singapore to focus on Asian market. Prior to founding his first payment startup, Ryu worked for JAFCO, the largest VC in Japan and JAFCO Ventures in Silicon Valley. He was in charge of Business Development and Japanese connection of its US based portfolio companies. As an investor and entrepreneur, it’s 100 portfolio companies include 11 IPOs and 5 billion dollar companies. (GMO Internet Inc., GMO Payment Gateway Inc., Qihoo 360 Technology Co. Ltd., VECTOR INC., Mercari, Inc.) Ryu earned his B.A. degree from Waseda University.

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Tomohiro Miyasaka

Tomohiro Miyasaka | Director / Partner

Tomohiro worked for SBI Holdings, Inc.,an internet bank group in Japan. At SBI Holdings he co-founded SBI Sumishin Net Bank, Ltd., an online bank startup. He joined GMO VenturePartners in 2008. At GMO VentureParters he has invested in many companies and became a Board of Director for portfolio companies. He earned his B.A. degree from Keio University.

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Kazuyasu Sugiyama

Kazuyasu Sugiyama | Rep. Director

Kazu was in charge of fund raising, management and legal at Softbank Investment(Currently SBI Investment) and Nippon Venture Capital. Also at Nippon Venture Capital he was a head of venture capital fund raising and managment business. Through, the business he was involved in various numbers of fund raising and management including GMO VenturePartneres. Kazu became representive director of GMO VenturePartners at October of 2016. He earned his B.A from Hitotsubashi University.

Sachiko Shiota

Sachiko Shiota | Director

Sachiko joined GMO VenturePartners in 2006. Sachiko is responsible for investment, fund raising and fund management. Prior to joining GMO, Sachiko worked for Orix Inc. There she was responsible for startup investment and M&A advisory. Currently, she is a director of Vasily Inc, GMO VenturePartner’s portfolio company. Sachiko earned her B.A from Waseda University

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Kota Uno

Kota Uno | Associate and Incubation investment

In 2009, Kota joined ABeam M&A Consulting and engaged in business due diligence and value-up plan construction after investment. After that, I have charge of a marketing project of a pharmaceutical company at M3, Inc which operates a portal site for medical staff. I work for this fund from 2017. Master of Engineering, Hokkaido University.

Yui Utsunomiya

Yui Utsunomiya | Associate and Incubation investment

In 2010, Yui joined Ajinomoto Co., Inc. and was in charge of business development of Seasoning and Life Science products. After that, He worked for Tokyo Sushi Academy Singapore Pte. Ltd. as a managing director.
Yui joined GMO VenturePartners in 2017. He earned his master's degree in Management of technology from Tokyo Institute of Technology.

Ishibashi Hideto

Ishibashi Hideto | Design Fellow

Hideto is an information architect, a business concept designer, and a service planner. His work is to plan, design and develop websites, web services and applications. His motto is from philosophy to implementation. He became an advisor of GMO Venture Partners since 2005. Recently, as a Design Fellow, he supports portfolio companies through his experience as a designer. Hideto graduated from Kurume National College of Technology.

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GMO VenturePartners



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June 27, 2018

MoneyDesign, Tokyo-based Robo-Advisory Firm raised additional ¥5.9B from Tokai Tokyo Financial Holdings, Inc. ,Sumitomo Mitsui Banking Corporation. and Resona Bank, Limited.


June 19, 2018

Mercari just went Public to Mothers(Market for the high-growth and emerging stocks)today.

June 7, 2018

TradFit Co., Ltd., provide audio data platform utilizing cloud AI for hotels and restaurants, today announced that it has raised an investment of about ¥ 73 million led by NISSAY CAPITAL CO.,LTD and joined by GMO VenturePartners, Inc., etc.

May 31, 2018

GMO Internet Group company and Japanese Venture Capital firm, GMO VenturePartners today announces that it will launch the GMO Global FinTech Fund in June 2018, which is focused on investing in the global FinTech space. GMO Global FinTech Fund will make full use of not only a wide network and new businesses but also the assessment abilities each company of GMO Internet group has, with FinTech companies GMO Financial Holdings, Inc., which leads a business company that has No.1 annual FX trading volume worldwide for the 6th consecutive year, and Money Forward, Inc., which is one of GMO VP investees that is rolling out a mounting number of new FinTech operations, as our strategic partners. Initially established at approximately 3 billion yen, we are looking for a maximum of 10 billion yen.





May 31, 2018

Raksul just went Public to Mothers(Market for the high-growth and emerging stocks)today.

About us

Corporate Profile

GMO VenturePartners, Inc.
September 2005
Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN


Masatoshi Kumagai Founder & Group CEO of GMO Internet Inc.
Rep. Director
Kazuyasu Sugiyama
Founding Partner Ryu Muramatsu (Director of GMO Payment Gateway Inc.)
Partner Tomohiro Miyasaka
Sachiko Shiota
Hiroyuki Nishiyama (Chief Operating Officer of GMO Internet Inc)
Masashi Yasuda (Chief Financial Officer of GMO Internet Inc)
Koichi Tachibana

Business summary

Venture capital investment and startup incubation services


Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo



20 Anson Rd, TWENTY ANSON 9F, Singapore 079912

Contact Us