Akari Hosho raises ¥270m in Series A first close
The Japanese elderly-support provider will expand its service network and strengthen service quality.
Akari Hosho has raised ¥270 million through a third-party share allotment in the first close of its Series A. Boost Capital Co., Ltd. joins existing shareholders Incubate Fund and Kanpo NEXT Partners Co., Ltd. in the financing.
The company helps older people arrange guarantors for hospital admission and residential care, emergency assistance and support after death. It is expanding coverage across Japan, where customers without relatives may struggle to find someone to fulfil those responsibilities.
Use of funds
Expansion of elderly support services
Service quality and nationwide coverage