# Rakuten Ventures

> Rakuten Ventures is a VC fund in Setagaya backing E-Commerce, Lifestyle and B2B. See 8 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Setagaya, Japan
- Total investments: 8
- Last investment: May 2024
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/rakuten-capital/
- Website: https://capital.rakuten.com/jp/

Rakuten Ventures is a VC fund in Setagaya focused on E-Commerce and Lifestyle. Rakuten Ventures seeks to invest in IT startups that can lead the competitive digital age from early to growth stages. It also provides access to the global network unique to Rakuten, and supports the investee companies to evolve and grow ahead of the times.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $5.4M–$6M |
| Series B | $2.5M–$6.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 38% |
| Lifestyle | 2 | 25% |
| B2B | 1 | 13% |
| Beauty | 1 | 13% |
| Retail | 1 | 13% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 38% |
| Series B | 3 | 38% |
| Seed | 2 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Japan | 2 | 25% |
| Singapore | 2 | 25% |
| Indonesia | 1 | 13% |
| South Korea | 1 | 13% |
| United States | 1 | 13% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Honest | Honest Bank is building the future of finance for Asia | $2.5M | Series B | May 22, 2024 |  |
| Base | Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from itswebsite and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities. | $6M | Series A | Nov 04, 2022 |  |
| BEJEWEL | BEJEWEL is a jewelry-tech startup that is creating global jewelry commerce focuses on advancing jewelry e-commerce with technology. Amondz Lab is a platform that helps people create and grow their own jewelry brands by providing design, manufacturing, and online sales support. | $6.1M | Series B | Aug 16, 2022 |  |
| Airalo | Airalo is the world’s first eSIM store for travellers to access over 190+ eSIMs at the most affordable, local rates from around the world, all via eSIM compatible smartphone, tablet or PC. Airalo offers you both connectivity and freedom - you’ll never have to carry multiple SIM cards or change your number again, no matter where you are in theworld. | $5.4M | Series A | Oct 08, 2021 |  |
| Secai Marche | Secai Marche is a platform for restaurants to purchase high-quality products directly from farmers. Its mission is to help build more economically-viable and sustainable small-scale farms around the world through an improved access to quality and delicious food. | $1.4M | Seed | May 20, 2021 |  |
| Verishop | Verishop is a premium lifestyle destination for everyday luxury in fashion, beauty, home and more. Verishop aims to be a go-to lifestyle shopping destination whenever the customer in search of elevated brands and quality-driven products. The company is based in Santa Monica, California and founded in 2018. |  | Series B | Mar 16, 2020 |  |
| Verishop | Verishop is a premium lifestyle destination for everyday luxury in fashion, beauty, home and more. Verishop aims to be a go-to lifestyle shopping destination whenever the customer in search of elevated brands and quality-driven products. The company is based in Santa Monica, California and founded in 2018. |  | Seed | Nov 26, 2019 |  |
| MakeLeaps | MakeLeaps is online invoicing software for freelancers and businesses in Japan. Create beautiful invoices and optionally include your company logo and hanko. We can even print and send your invoice anywhere in Japan for only ¥199. Create a free account today. |  | Series A | Jul 26, 2016 |  |

8 of 8 investments shown.

## Co-investors
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 3 deals together
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund, 2 deals together
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 2 deals together
- [LVMH](https://shizune.co/investors/profile/lvmh) — VC Fund, 2 deals together
- [Beyond Next Ventures](https://shizune.co/investors/profile/beyond-next-ventures) — VC Fund, 1 deal together
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund, 1 deal together

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## FAQ

### What does Rakuten Ventures invest in?

Rakuten Ventures invests primarily in E-Commerce, Lifestyle and B2B startups, most often at Series A and Series B stage. Most of the 8 investments tracked by Shizune back companies in Japan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Rakuten Ventures's check size?

Rakuten Ventures typically joins rounds of $5.4M–$6M at Series A and $2.5M–$6.1M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Rakuten Ventures participates in.

### When did Rakuten Ventures last invest?

The most recent investment recorded for Rakuten Ventures closed in May 2024. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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