LayerX Raises $100M to AI-Automate Enterprise Back-Office

LayerX AI, a Tokyo-based startup, closed a $100 million Series B round led by Technology Cross Ventures. The funding marks TCV’s first investment in a Japanese firm, valuing LayerX among the top Japanese startups at seven years. Founded by Yoshinori Fukushima in 2018, LayerX AI targets back-office inefficiencies in finance, tax, procurement, and HR. The company’s flagship Bakuraku platform serves over 15,000 clients with AI-driven expense and invoice automation. LayerX AI also offers Alterna, a digital securities platform, and Ai Workforce, a generative AI data solution. With ARR set to reach $68 million and a goal of $680 million by 2030, LayerX aims to expand its team to 1,000 by 2028. Competition includes Money Forward, freee, SAP Concur, and Brex. The new capital will boost AI agent and BPO services, reinforcing LayerX AI’s leadership in enterprise AI automation.
Neutral
This announcement concerns a private enterprise AI funding round and has no direct link to cryptocurrency markets. Similar large Series B rounds for enterprise software firms typically do not move crypto prices or trading volumes. Traders are unlikely to react, and market stability remains unaffected. In the short term, there is no catalyst for crypto asset movement. Long-term, enhanced AI adoption in business workflows could indirectly support blockchain-based automation tools, but any such impact is too indirect to shift market sentiment.