About Aflac Ventures Japan
Aflac Ventures Japan is a venture capital firm founded in 2020. It is primarily based out of Shibuya, Japan. As of Nov 2025, Aflac Ventures Japan is an active investor, having invested in 4 companies, with 2 new investments in the last 12 months. It primarily invests in Series B round in Japan based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and HealthTech. Most recently it participated in the $***** Seed round of Mediphone A lot of funds co-invest with Aflac Ventures Japan, with names like JFC sharing a substantial percentage of its portfolio. Aflac Ventures Japan has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B & Seed
Aflac Ventures Japan's List of All Investments
Aflac Ventures Japan has a portfolio of 4 companies. Their most notable investments include 400F and Ichirou.Their portfolio spans across and Japan. They have invested in Enterprise Applications, FinTech, HealthTech and 1 other sectors, across stages such as Series B, Seed stages. Here is the list of all investments by Aflac Ventures Japan:
1. 400F
Online investment and financial advisory platform. It offers two products related to financial advice and training. It provides users with a platform for conversation with experts.
Key facts about 400F
- Founded Year: 2017
- Location: Chuo City (Japan)
- Stage: Series B
- Total Funding till date: $19.4M
- Employee Count: 11 as on Jul 01, 2024
- Investors: SBI Mutual Fund, Aflac Ventures and 17 Others
- Latest Funding Round: Conventional Debt, Aug 30, 2024, $*****
- Highlight: Editors' Pick

2. Ichirou
Key facts about Ichirou
- Founded Year: 2019
- Location: Nagoya (Japan)
- Stage: Series B
- Total Funding till date: $10.8M
- Investors: Mitsui Sumitomo Insurance, DG Ventures and 16 Others
- Latest Funding Round: Series B, Sep 11, 2025, $*****

3. SmartScan
Key facts about SmartScan
- Founded Year: 2017
- Location: Chiyoda City (Japan)
- Stage: Series B
- Total Funding till date: $22.9M
- Investors: DG Ventures, Nippon Venture Capital and 8 Others
- Latest Funding Round: Series B, Apr 11, 2022, $*****
4. Mediphone
Provider of multilingual medical interpretation and health management systems. It offers phone and video medical interpretation services in multiple languages. The company provides cloud-based health management systems designed for health checkups and industrial physician consultations. The systems streamline reporting and offer features for managing health and safety measures.
Key facts about Mediphone
- Founded Year: 2018
- Location: Osaka (Japan)
- Stage: Seed
- Investors: Aflac Ventures Japan
- Latest Funding Round: Seed, Nov 14, 2025, $*****
Aflac Ventures Japan's Year-on-Year Investment Trends
Aflac Ventures Japan has invested in 4 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 2 investments. Its most recent first time investment was in Mediphone.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
Aflac Ventures Japan's Investments by Stage
Aflac Ventures Japan has made 3 investments in Series B stage with an average round size of $8.85M and 1 investment in Seed stage.Stage of entry | No. of Investments |
|---|---|
Series B | 3 |
Seed | 1 |
Note: We have considered here, only first round of investments
Aflac Ventures Japan's Investments by Sector
Aflac Ventures Japan has a diverse portfolio, with companies operating in the Healthcare, Enterprise Applications, FinTech, HealthTech and Vertical SaaS. Notably, it has invested in 2 Software companies, 2 Tech companies, 1 Consumer (B2C) company and at least 1 company focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Healthcare | 2 |
Enterprise Applications | 1 |
FinTech | 1 |
HealthTech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Aflac Ventures Japan's Investments by Geography
Aflac Ventures Japan has made most investments in Japan (4).Aflac Ventures Japan's recent investments
Aflac Ventures Japan has not made any investment in 2026 so far.Here are the most recent investments by Aflac Ventures Japan:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 14, 2025 | Japan | Seed | 9025 | - | |
Sep 11, 2025 | Japan | Series B | 4777 | ||
Aug 30, 2024 | Japan | Series B | 2196 | [+2] | |
Apr 11, 2022 | Japan | Series B | 5848 |
Team profile of Aflac Ventures Japan
Aflac Ventures Japan has a team of 5 members including 2 Partners and 2 Principals located in Japan. Aflac Ventures Japan's team does not sit on the board of any company as of now.Here is a list of all team members in Aflac Ventures Japan:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tokyo | - | - | |
Partner | Tokyo | - | - | |
Principal | Tokyo | - | - | |
Principal | - | - | - |
Co-investors of Aflac Ventures Japan
Over the past 4 years, 38 investors have co-invested in Aflac Ventures Japan's portfolio companies. This includes only funds.
- Invested before Aflac Ventures Japan: Mitsui Sumitomo Insurance, DG Ventures and 19 others have invested in rounds before Aflac Ventures Japan. There are 2 companies where Mitsui Sumitomo Insurance has invested before Aflac Ventures Japan and 2 companies where DG Ventures has invested before Aflac Ventures Japan.
- Top Co-investors of Aflac Ventures Japan: 17 investors entered a company along with Aflac Ventures Japan. These include investors like JFC (2 companies).
Recent News related to Aflac Ventures Japan
•
Mediphone, provider of remote medical interpretation,raises fundsSogyo Techo•Nov 18, 2025•Aflac Ventures Japan
