How much did oVice raise?

oVice raised $18 Million in a Series A round on November 2, 2021.

Ovice, A 'Virtual Space' Provider For Remote Work And Events, Completes $18 Million (1.8 Billion Yen) In Series A Funding

PRIVATENov 02, 2021

Amount Raised

$18 Million

Round Type

Series A

NanaoInformation TechnologyHardwareSoftwareMedia And EntertainmentEventsAppsMessaging And Telecommunications

Description

oVice (Headquarters: Nanao City, Ishikawa, Japan, CEO: Jung Sae-Hyung, https://ovice.in) has completed its Series A funding of $18 million with Eight Roads Ventures Japan as the lead investor and joined by follow investors and existing Pre-Series A investors.

Quick answer

oVice raised $18 Million in a Series A round, dated November 2, 2021. oVice is based in Nanao, Ishikawa, Japan.

How much did oVice raise?: oVice raised $18 Million in a Series A round on November 2, 2021.
What does oVice do?: oVice has been used as an online virtual office as well as an event venue by companies from a variety of industries. oVice is used by more than 1,200 companies and has issued more than 10,000 spaces (office and event..
Where is oVice based and how big is it?: oVice is based in Nanao, Ishikawa, Japan.

Source: Fundz verified event record.

Who else raised in Hardware and Media And Entertainment around the same time

Companies in the same sectors as oVice that raised within 45 days of this round, from Fundz verified event records.

U Sound raised $30M (Funding Round) on December 17, 2021.
B2Digital, Inc. raised $270K (Seed) on December 15, 2021.
Pocket FM raised $22M (Series B) on December 6, 2021.
B2Digital, Inc. raised $325K (Seed) on December 1, 2021.
Solutions raised an undisclosed amount (Funding Round) on November 30, 2021.
SVT Robotics raised $27M on November 19, 2021.

Who to call at oVice, and when

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Company Information

Company

oVice

Location

Nanao, Ishikawa, Japan

About

oVice has been used as an online virtual office as well as an event venue by companies from a variety of industries. oVice is used by more than 1,200 companies and has issued more than 10,000 spaces (office and event space). Since the release of the service, oVice has been providing its product mainly in the Japanese market. Even with the increase in demand in remote work due to the COVID-19 pandemic, the growth or the hyper-growth that oVice had in the past 12 months was simply astonishing. "oVice is a new communication service that responds to this human desire for communication, and I am convinced that it will become the de facto standard that supports the hybrid work style in the post-COVID19 environment.

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

oVice raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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