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Behavior

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Generative AI platform for the insurance industry

Tokyo, JapanFounded 2018Fintech
Valuation $100–250M Last recorded · 2021
Revenue <$1M Latest reported FY
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Behavior and the history behind them.

About Behavior

Behavior, Inc. is a Japanese technology company, established in March 2018 by CEO Shohei Kawayori, that specializes in generative AI solutions for the insurance sector. The company has received backing from venture capital firms, including Skyland Ventures. Behavior, Inc. was selected for both the Microsoft for Startups and Google for Startups programs.

The firm's core business involves the development and operation of conversational AI and providing digital marketing support. Its flagship product is "ASTRAL for Insurance," a service designed to help insurance agents and salespeople with lead generation. The platform utilizes AI to screen and nurture potential customers before connecting them with agents on a cost-per-interview basis. For agents, ASTRAL aims to solve key challenges by providing qualified leads, increasing closing rates by offering access to AI conversation logs for better client understanding, and streamlining administrative tasks through integration with online calendars for automated appointment scheduling. The company has published a case study where an agent achieved "Top of the Table" status, conducting 108 meetings over 15 months through the service.

For consumers, Behavior offers AI-powered tools such as "Hoken no AI," an AI chatbot for insurance and financial planning consultations, and "LifeRright," an AI for life planning. These products are designed to provide accessible information about finance and insurance. The company's mission is to foster a collaborative relationship between humans and AI, leveraging AI's efficiency while valuing human empathy.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2018
Headquarters
Tokyo, Japan
Open positions
None listed
Dealroom signal
23.7/100
Industry
Fintech, Enterprise Software
Sub-industry
Insurance
Sector
Fintech, Core AI, Insurtech Related, Generative AI, genAI Model Maker, genAI Applications, AI Applications, ai model layer
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Oct 2025 $0 — Finatext ↗
LATE VC✓Equity / VC Mar 2021 $35M $140M Japan Finance —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026
2025
2024 —
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Growth signals

Behavior website traffic

Latest recorded traffic for Behavior is 24K monthly website visits, down 47.8% over the last three months.

Latest monthly visits24K 3-month web change-47.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Japan Finance

Other known investors3 additional known investors

  • Finatext
  • Skyland Ventures
  • Skyland Ventures
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇯🇵 Japan · Tokyo HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Behavior on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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