Fogg runs RAFFLE, a guaranteed-win online lottery platform where users obtain original merchandise and digital content. The company provides end-to-end services covering planning, manufacturing, delivery, and customer support for its campaigns. RAFFLE’s clients include Yoshimoto Kogyo, Shufutoseikatsusha, and Shueisha. Fogg has raised a total of ¥600 million across Series A and B rounds, including approximately ¥300 million in the most recent Series B. The latest funding will be deployed to boost marketing for its online original merchandise business and to enhance AI-powered operations. Founded in June 2013, the company has stated goals toward pursuing an eventual IPO.

Total raised

$4M

Funding rounds

3

Latest round

Series B

Latest activity

Apr 2026