Toss Lab -- Series B funding: $13M
Toss Lab, provider of the enterprise collaboration tool JANDI, has raised $13 million in a Series B round, bringing its total fundraising to over $20 million. The round was led by SoftBank Ventures Asia, the venture arm of SoftBank Group.
JANDI is an enterprise team collaboration platform with a suite of productivity tools that include topic-based group chat, file-sharing, task management, video conferencing, and integrations with 3rd party apps. JANDI recently added integration with Zoom, enhanced security controls and an admin dashboard.
JANDI serves over 200,000 customers ranging from small to mid-sized businesses, to large enterprises like LG CNS, Nexen Tire, and Lexus with thousands of employees.
The platform currently support English, Chinese, Japanese, Korean, and Vietnamese.
JANDI has seen an 80% increase in the number of users acquired during the COVID-19 pandemic.
In a time when digital transformation is crucial for companies to sustain operations, real-time communication and workplace collaboration solutions have become essential for ensuring business continuity.
Toss Lab’s short-term goal is to secure more big-name clients so that JANDI is the first collaborative tool that comes to mind among the general public. In the long-term, they have the goal of growing Toss Lab into Asia’s number-one SaaS enterprise.
KASA Korea -- Series B funding: $7.8M
KASA Korea, a property technology startup, has raised $7.8 million in a pre-series B funding round. The round was led by Korea Development Bank. Northern Light Venture Capital, Kona I Partners, and Kukbo Design also participated in the pre-series B round. With the fresh funds, KASA Korea became to amass over $20 million to date.
KASA Korea’s service is an innovative indirect real estate investment platform that easily permits many users to share the rights to commercial real estate (office buildings, etc.) and be able to just as easily (and safely) buy or sell those rights. A bank or real estate trustee can then issue digitalized asset-backed securities (ABS) with the commercial real estate as collateral, allowing anyone to buy or sell property via KASA’s platform, even for relatively small sums.
Recently, KASA Korea has signed a strategic alliance with Hana Bank, the fifth largest bank in South Korea, which operates a real estate indirect investment platform. KASA Korea was jointly designated as an innovative financial service by the Financial Services Commission with Hana Bank for the 'Digital Real Estate Backed Securities Public Offering and Distribution Service' last year.