About ALL STAR SAAS FUND
ALL STAR SAAS FUND is a venture capital firm founded in 2019. It is primarily based out of Chiyoda City, Japan. As of Feb 2026, ALL STAR SAAS FUND has invested in 42 companies. It primarily invests in Seed round in Japan based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and High Tech. Most recently it participated in the $***** Series A round of Sotas Overall, ALL STAR SAAS FUND portfolio has seen 1 unicorn and 1 IPO, namely SmartHR and First Accounting. A lot of funds co-invest with ALL STAR SAAS FUND, with names like Coral Capital sharing a substantial percentage of its portfolio. ALL STAR SAAS FUND has team of 5 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
ALL STAR SAAS FUND's List of Top Investments
ALL STAR SAAS FUND has a portfolio of 42 companies, one of which is a Unicorn. Their most notable investments are in Loglass and MNTSQ.Their portfolio spans across Japan and United States. They have invested in Enterprise Applications, Retail, High Tech and 19 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by ALL STAR SAAS FUND:
1. LayerX
Provider of AI, SaaS, and Fintech digital solutions and services. The company researches advanced AI and data technologies to develop related products. It offers solutions for digital transformation and financial technology. The company aims to digitize economic activities and create user-friendly products.
Key facts about LayerX
- Founded Year: 2018
- Location: Chuo City (Japan)
- Stage: Series B
- Total Funding till date: $192M
- Employee Count: 348 as on Jul 31, 2026
- Investors: TCV, Dawn Capital and 21 Others
- Latest Funding Round: Series B, Sep 01, 2025, $*****
- Highlight: Editors' Pick
2. SmartHR
Platform that offers HR management solutions. It is a company focused on providing technology solutions for human resources and labor management. The platform features in smart HR that includes solutions such as recruitment management, personnel evluation, layout simulation, employee surveys and more.
Key facts about SmartHR
- Founded Year: 2013
- Location: Tokyo (Japan)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $328M
- Employee Count: 512 as on Jul 31, 2026
- Investors: Sequoia Capital, General Atlantic and 21 Others
- Latest Funding Round: Series E, Jun 30, 2024, $*****
- Highlight: Editors' Pick
3. KAMINASHI
Provider of software suite solutions for food businesses. Its features include data collection, workforce management, data analytics, real-time data updates, automated record checking, scheduling, sensor integration, productivity management, multi-lingual support, and more. It offers services to caterers, restaurants, and the food service industry.
Key facts about KAMINASHI
- Founded Year: 2018
- Location: Narita (Japan)
- Stage: Series B
- Total Funding till date: $33.8M
- Employee Count: 84 as on May 31, 2026
- Investors: Coral Capital, Beenext and 4 Others
- Latest Funding Round: Series B, Mar 29, 2023, $*****
- Highlight: Editors' Pick
Real estate document management platform. It allows users to upload and download project related documents and data for construction and infrastructure development applications. It combines proprietary AI platforms with real estate development to digitize land acquisition, project planning, investment analysis, and urban development workflows.
Key facts about Toggle Holdings
- Founded Year: 2020
- Location: Minato (Japan)
- Stage: Series C
- Total Funding till date: $34.2M
- Employee Count: 11 - 50 as on Jul 17, 2025
- Investors: Mirai Creation Fund, Axiom Asia and 7 Others
- Latest Funding Round: Series C, Apr 30, 2026, $*****
- Highlight: Editors' Pick
5. Loglass
Cloud based corporate intelligence and business management solutions. It is software for streamlining and automating business management operations. It offer solutions such as budget planning, forecast management, prospect management, and more. It helps in manageing mobility by integrating data imported from accounting or spreadsheet software.
Key facts about Loglass
- Founded Year: 2019
- Location: Shinagawa (Japan)
- Stage: Series B
- Total Funding till date: $45.4M
- Employee Count: 168 as on Jul 31, 2026
- Investors: Sequoia Capital, MUFG and 13 Others
- Latest Funding Round: Series B, Jul 31, 2024, $*****
ALL STAR SAAS FUND's Year-on-Year Investment Trends
ALL STAR SAAS FUND has invested in 42 companies over the last 7 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 5 investments, while as of Feb 2026, it has made 3 investments in this year. Its most recent first time investment was in SUPER STUDIO and most recent follow-on round was in Sotas.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 3 | 3 |
2025 | 3 | 2 | 5 |
2024 | 5 | 3 | 8 |
2023 | 7 | 1 | 8 |
2022 | 7 | 2 | 9 |
2021 | 6 | 0 | 6 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
ALL STAR SAAS FUND's Investments by Stage
ALL STAR SAAS FUND has made 13 investments in Seed stage with an average round size of $1.86M, 13 investments in Series A stage with an average round size of $13.5M, 3 investments in Series B stage with an average round size of $12.5M and 3 investments in Series C stage with an average round size of $34.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 13 |
Series B | 3 |
Series C | 3 |
Note: We have considered here, only first round of investments
ALL STAR SAAS FUND's Investments by Sector
ALL STAR SAAS FUND has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, Retail, Consumer and Vertical SaaS. Notably, it has invested in 25 Enterprise (B2B) companies, 23 Tech companies, 21 Software companies and at least 14 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 14 |
Business Services | 7 |
Retail | 5 |
Consumer | 4 |
Vertical SaaS | 4 |
Others | 21 |
Note: We have considered here, only first round of investments
ALL STAR SAAS FUND's Investments by Geography
ALL STAR SAAS FUND has made most investments in Japan (30), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Japan | 30 |
United States | 2 |
Note: We have considered here, only first round of investments
ALL STAR SAAS FUND's recent investments
ALL STAR SAAS FUND has made 3 investments in 2026 so far. Sotas and Shaperon are the latest among them.Here are the most recent investments by ALL STAR SAAS FUND:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 18, 2026 | Japan | Series A | 8585 | ||
Jan 13, 2026 | Japan | Series B | 5161 | [+3] | |
Jan 13, 2026 | Japan | Conventional Debt | 5454 | [+3] | |
Nov 08, 2025 | Japan | Series D | 2677 | [+5] | |
May 16, 2025 | Japan | Series A | 6834 | [+2] |
Unicorns in ALL STAR SAAS FUND's Portfolio
ALL STAR SAAS FUND has 1 unicorn in its portfolio - SmartHR. The most recent unicorn in their portfolio is SmartHR which became a unicorn in 2021, 1 years after ALL STAR SAAS FUND first invested in it.Here is a list of unicorns in ALL STAR SAAS FUND's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Platform that offers HR management solutions | 2013 | Tokyo | Series E | yydnlvf |
IPOs and Publicly Listed companies in ALL STAR SAAS FUND's Portfolio
1 of ALL STAR SAAS FUND's portfolio company became public - First Accounting. It got listed on the Tokyo Stock Exchange (TSE), in Sep 2023 at marketcap of $42.2MHere are ALL STAR SAAS FUND's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 22, 2023 | - | - | 4595 |
Team profile of ALL STAR SAAS FUND
ALL STAR SAAS FUND has a team of 5 members including 4 Partners located in Japan and Singapore. ALL STAR SAAS FUND's team does not sit on the board of any company as of now.Here is a list of all team members in ALL STAR SAAS FUND:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | - | |
Partner | Shinjuku City | - | ||
Partner | Yokohama | - | ||
Partner | Tokyo | - | - |
Co-investors of ALL STAR SAAS FUND
Over the past 7 years, 153 investors have co-invested in ALL STAR SAAS FUND's portfolio companies. This includes funds and angels.
- Invested before ALL STAR SAAS FUND: 500 Global, Beenext and 27 others have invested in rounds before ALL STAR SAAS FUND. There are 2 companies where 500 Global has invested before ALL STAR SAAS FUND and 2 companies where Beenext has invested before ALL STAR SAAS FUND.
- Top Co-investors of ALL STAR SAAS FUND: 54 investors entered a company along with ALL STAR SAAS FUND. These include investors like Coral Capital (10 companies).
- Invested after ALL STAR SAAS FUND: A total of 70 investors have invested in ALL STAR SAAS FUND's portfolio after their investments. Top Investors include Mizuho Capital (6 companies), MUFG (3 companies) and SBI Investment (3 companies).
Recent News related to ALL STAR SAAS FUND
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Sotas raises JPY 1 billion in Series A round 1st closeStartup Log•Feb 18, 2026•TPetco, Samurai Incubate, Sotas, Delight Ventures and 5 others
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Compliance AI platform "Shaperon" conducts Series B round, raising a total of 730 million yenTHE BRIDGE•Jan 15, 2026•Nissei Corporation, ALL STAR SAAS FUND, i-nest capital, Shaperon and 2 others
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IVRy raises 4 billion yen in Series D round for interactive voice AI SaaS "Ivry"Startup Log•Nov 06, 2025•Ivry, Coral Capital, JIC Venture Growth Investments, Mizuho Financial Group and 3 others
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PLAINER Raises Approximately ¥400 Million in Series A FundingStartup Log•May 20, 2025•PLAINER, Angel Bridge, ALL STAR SAAS FUND, CyberAgent Capital and 1 other
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Tourism tech firm NutmegLabs secures ¥500M pre-Series B funding.Startup Log•Feb 27, 2025•Nutmeglabs, ALL STAR SAAS FUND, Coral Capital, Carbide Ventures and 1 other
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