Startup Fundraising

Maternity Care Startup Josan-she’s Raises ¥400M Series A

Josan-she’s lands ¥400M Series A from MPower Partners and others to enhance maternal and infant care services.

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Josan-she’s raised $2.7M (Series A) from MPower Partners, NEXTBLUE, FFG Venture Business Partners, Daiwa House Ventures, AGS Consulting.
  • Sector: Healthcare, Healthtech & Medtech, Business Services.
  • Geography: Japan.

Analysis

A significant funding injection is set to bolster the expansion of a Japanese startup focused on comprehensive maternal and infant care. Josan-she’s has successfully closed its Series A funding round, securing ¥400 million (approximately $2.66 million USD) to enhance its services for expectant and new parents. This latest capital raise brings the company's total funding to around ¥680 million.

The investment was spearheaded by MPower Partners, operating through its WPower Fund I Investment Business Limited Partnership. Key participants in this round also include NEXTBLUE (via NEXTBLUE TOKYO Investment Business Limited Partnership), FFG Venture Business Partners, Daiwa House Ventures, and AGS Consulting (through its Sekisui House Investment Business Limited Partnership). Notably, both NEXTBLUE and FFG Venture Business Partners are increasing their commitment, having invested in the company previously, signaling strong confidence in Josan-she’s growth trajectory.

Josan-she’s is addressing a critical gap in the market by providing professional support for families during the often-challenging prenatal and postnatal periods. The company's innovative model integrates home-visit services, specialized care facilities, and a unique staffing platform for midwives. This multi-faceted approach aims to alleviate the difficulties families face in accessing expert assistance after childbirth, while simultaneously creating flexible work opportunities for qualified midwives.

The company's offerings include personalized in-home care, extending beyond basic babysitting to encompass crucial consultations on breastfeeding and childcare. Users can tailor support packages, with services bookable in 15-minute increments, allowing parents to secure much-needed rest or expert advice precisely when required. This flexibility is particularly valuable in a market where parental support systems can be strained.

Furthermore, Josan-she’s innovative "she’s path" platform connects certified midwives with maternity hospitals. This service facilitates short-term staffing to cover immediate needs, such as night shifts or unexpected shortages, and also serves as a potential pipeline for permanent hires. Hospitals can vet midwives based on their qualifications, experience, and peer reviews, fostering a more efficient and effective recruitment process within the maternal healthcare sector. The platform operates on a fee structure based on daily wages for temporary placements and a referral fee for successful permanent hires.

With a network reportedly comprising approximately 3,000 midwives, Josan-she’s is strategically positioned to scale its operations. The company has also forged partnerships with local governments, including recent agreements with Chuo Ward and Taito Ward in Tokyo for postnatal and prenatal support services, respectively. These collaborations underscore the growing recognition of Josan-she’s model's efficacy and its potential to impact public health initiatives. The fresh capital will fuel further service expansion and the refinement of midwife working arrangements, aiming to extend professional care to a wider demographic.