LayerX Raises $100 Million to Boost AI Automation for Japanese Enterprises
LayerX raised $100M to enhance AI tools that automate back-office workflows like expense management. The funding boosts its presence in Japan’s enterprise market.
LayerX Raises $100 Million to Boost AI-Powered Workflow Automation
Japanese AI SaaS startup LayerX has secured $100 million in a Series B funding round led by Technology Cross Ventures. This capital injection will strengthen LayerX’s AI platform focused on automating back-office workflows, helping enterprise clients reduce manual tasks and improve operational efficiency.
What LayerX Offers
LayerX provides several AI-driven tools aimed at simplifying business operations:
- Bakuraku: Automates corporate expense workflows.
- Alterna: A digital investment solution.
- Ai Workforce: An advanced generative AI tool to optimize work processes.
The company has established strong partnerships with major Japanese firms, including Mitsubishi UFJ Financial Group (MUFG).
Funding and Market Impact
This latest round brings LayerX’s total funding to $192.2 million. Notably, this is Technology Cross Ventures’ first investment in Japan, reflecting growing interest in AI-powered business solutions in the country.
Despite many digital transformation projects struggling in Japan—with only 16% achieving success—LayerX’s platform addresses this gap by automating complex processes such as expense management, invoice reconciliation, and corporate credit card administration.
Background and Competition
LayerX was founded by Yoshinori Fukushima, a serial entrepreneur with expertise in machine learning and digital transformation. The company grew out of a blockchain and digitalization initiative and quickly gained attention for Bakuraku.
LayerX competes with other AI automation platforms like Money Forward Cloud Keihi, freee, and Rakuraku Seisan, focusing on delivering effective solutions to streamline back-office operations.
Looking Ahead
With this new funding, LayerX plans to expand its product lineup and deepen its presence in the Japanese market. The company aims to boost AI capabilities and improve user experience specifically for Japanese enterprises facing unique operational challenges.
As demand for AI-driven workplace automation grows, LayerX is positioned to offer practical, scalable tools that help operations teams work smarter and reduce administrative burdens.
