WellBe raises ¥55m in mixed seed financing for booking-network growth
The package combines a share allotment and institutional lending, supporting salon growth and travel-channel partnerships.
WellBe raised ¥55 million through a third-party share allotment and institutional lending. The individual equity and debt amounts were not disclosed.
The company plans to expand its salon network and recurring bookings, develop travel, hotel and transport partnerships and extend its booking and payment infrastructure into healthcare.
Its platform combines multilingual discovery, reservations, prepayment and interpretation for international visitors using Japanese beauty and wellness providers. WellBe reports hundreds of participating locations, providing a base for those additional distribution partnerships.
Additional participants
Angel investors also participated in the financing.
Use of funds
Expand salon network and recurring bookings
Develop travel, hotel and transport partnerships
Extend booking and payment platform into healthcare