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HIRAC FUND

21F Tamachi Station Tower S, 3-1-21 Shibaura, Minato-ku, Tokyo, 108-0023, Japan

Overview

Seed fund specializing in early-stage startups.

Founded

2020

Deals · 12mo

6

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Canada
Japan

Sector focus

Finance
Financial Services
Service Industry

Investment portfolio

17rounds
NAMEDATESIZE
Brave group
Apr 2026Participated
$50 MSeries E
WineBank
Mar 2026Led
$2 MDebt
relay
Mar 2026Participated
$2 MSeries A
CI Partners
Dec 2025Led
$3 MSeries B
Manpuku Holdings
Dec 2025Participated
$12 MSeries C
Opt Fit
Nov 2025Participated
$5 MSeries B
Trustart
Aug 2025Participated
$9 MSeries C
Earth Boat
Aug 2024Led
$2 MOther Equity
Thinkr
Aug 2024Participated
$33 MSeries A
AiCAN
Jul 2024Participated
$1 MSeries A
Manpuku Holdings
Jun 2024Participated
$8 MSeries B
Newmo
Feb 2024Participated
$10 MSeed
Brave group
Apr 2026Participated
$50 MSeries E
WineBank
Mar 2026Led
$2 MDebt
relay
Mar 2026Participated
$2 MSeries A
CI Partners
Dec 2025Led
$3 MSeries B
Manpuku Holdings
Dec 2025Participated
$12 MSeries C
Opt Fit
Nov 2025Participated
$5 MSeries B
Trustart
Aug 2025Participated
$9 MSeries C
Earth Boat
Aug 2024Led
$2 MOther Equity
Thinkr
Aug 2024Participated
$33 MSeries A
AiCAN
Jul 2024Participated
$1 MSeries A
Manpuku Holdings
Jun 2024Participated
$8 MSeries B
Newmo
Feb 2024Participated
$10 MSeed
17
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

HIRAC FUND: 17 funding rounds are recorded in the selected participation categories.All available history.
HIRAC FUND: 17 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A16
Series B12
Series C+03
Other Equity20
Debt10

Monthly Deal Activity

HIRAC FUND: 17 deals are recorded across 36 months.All available history.
HIRAC FUND: 17 deals are recorded across 36 months. All available history
MonthDeals
Nov '232
Dec '232
Jan '241
Feb '241
Mar '240
Apr '240
May '240
Jun '241
Jul '241
Aug '242
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '251
Dec '252
Jan '260
Feb '260
Mar '262
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

HIRAC FUND: Networks, Cloud & Communication is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

HIRAC FUND: Networks, Cloud & Communication is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Networks, Cloud & Communication4
Food & Agriculture4
Travel & Hospitality3
Enterprise Software3
Government & Defense3
Data, Analytics & IT3
Consumer & Lifestyle3
Marketing & Advertising3
Health & Life Sciences3
Professional Services3
E-Commerce & Retail2
Real Estate & Construction2
Media & Entertainment2
Developer Tools2
AR/VR1
Transportation & Logistics1
Fintech1
Manufacturing1

Deal Size Distribution

HIRAC FUND: 17 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

HIRAC FUND: 17 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M10
$5M-$10M3
$10M-$25M2
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

HIRAC FUND: Japan has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

HIRAC FUND: Japan has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
Japan16
Canada1
HIRAC FUND: 20 co-investors are shown, with ANRI sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

HIRAC FUND: 20 co-investors are shown, with ANRI sharing 3 recorded deals. All available history
Co-investorShared deals
ANRI3
Jafco Ventures3
Nissay Capital3
SMBC Venture Capital3
mint2
Mizuho Bank2
W Fund2
Accord Ventures1
Aichi Bank1
ANOBAKA1
B Dash Ventures1
Cool Japan Fund1
Coral Capital1
Cygames Capital1
Daiwa Corporate Investment1
DCM1
DEEPCORE1
Eight Roads Ventures1
Globis Capital Partners1
GMO Venture Partners1

Investment Strategy

HIRAC FUND: Led accounts for 29% and participating for 71% of round participation.All available history.
HIRAC FUND: Led accounts for 29% and participating for 71% of round participation. All available history
CategoryDeals (count)Share (%)
Led529%
Participating1271%
HIRAC FUND: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
HIRAC FUND: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Yasushi Okada

Director

Yutarō H.

Director