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Luup Japan

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App-based electric scooter and bicycle sharing service

Tokyo, JapanFounded 2018Transportation
Valuation $100–500M Latest valuation · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Luup Japan

Luup is a micromobility company founded in July 2018 by Daiki Okai, Ryotaro Makita, and Naomichi Okada. CEO Daiki Okai, a University of Tokyo graduate, initially envisioned a service to help caregivers reach patients in areas with poor transport access. This concept evolved into Luup's current mission: to create a transportation infrastructure that makes entire cities feel like a 'station-front area' by addressing last-mile mobility challenges.

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The company operates a sharing service for electric scooters and e-bikes through a smartphone application. Users can locate and rent vehicles from a dense network of designated 'ports' and return them to any other port within the service area. The service is designed for short trips, with a pricing model typically consisting of a base fee to unlock the vehicle and a per-minute charge. The app, which supports English, requires users to register with a credit card and, for e-scooter use, verify they are over 16 and pass a traffic rules test. A driver's license is not required to operate the e-scooters, a significant change following a revision to Japan's Road Traffic Act in July 2023.

Luup launched its service in 2020 and has since expanded its operations to major Japanese cities including Tokyo, Osaka, Kyoto, Yokohama, Nagoya, and others. The company has established thousands of pick-up and drop-off ports, often located near train stations, convenience stores, and office buildings, aiming for a high-density network that enhances convenience for first and last-mile travel. As of early 2024, its fleet had grown to approximately 10,000 vehicles. The company has secured significant funding to fuel its expansion, raising a total of approximately 9.1 billion yen (around $68 million) by April 2023. It has formed strategic business and capital alliances with major transportation and real estate companies like Tokyu and Seibu Holdings to enhance the value of areas along their railway lines.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Tokyo, Japan
Employees
90
Open positions
4
Dealroom signal
86.9/100
Industry
Transportation
Sub-industry
Mobility, Search, Buy & Rent
Sector
Transportation, Mobility, Urban Tech, Shared Mobility, Electric Mobility
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Luup Japan.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Oct 2024 $23M Sumitomo Mitsui Banking · Aozora Bank · Shoko Chukin Bank · Resona Bank
SERIES DOther financing Nov 2023 $28M $146M Japan Finance · Shoko Chukin Bank · NEC Capital Solutions · Resona Bank
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Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
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Growth signals

Luup Japan website traffic

Latest recorded traffic for Luup Japan is 340K monthly website visits, down 39.3% over the last three months. Luup Japan's team grew 18.4% over the past year.

Latest monthly visits340K 3-month web change-39.3% 1-year team growth+18.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

38 investors on the cap table

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

Seed2 investors entered at this stage

  • Obayashi
  • ANRI

Series A7 investors entered at this stage

  • Spiral Capital
  • Adastria
  • ENEOS Innovation Partners
  • DG Incubation
  • Mori Trust
  • Daito Trust Construction
  • FamilyMart

Series B and later28 investors entered at this stage

  • Mitsubishi UFJ Capital
  • 31Ventures
  • Mitsubishi UFJ Trust and Banking
  • I-nest Capital
  • Green Co-Invest Investment
  • Chishima Real Estate
  • SMBC Venture Capital
  • GMO Internet
  • Chiba Dojo
  • SMBC Nikko Securities
  • Zenrin Future Partners
  • Japan Finance
  • Shoko Chukin Bank
  • NEC Capital Solutions
  • Resona Bank
  • Sumitomo Mitsui Finance
  • Sumitomo Mitsui Trust Bank
  • Ricoh Leasing
  • Sumitomo Mitsui Trust Panasonic Finance
  • Credit Saison
  • Sumitomo Mitsui Banking
  • JA Mitsui Leasing
  • Bank of Kyoto
  • Aozora Bank
  • The Kiyo Bank
  • Mizuho
  • 77 Bank
  • Joyo Bank

Other known investors1 additional known investor

  • J-Startup
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
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
2 countries with
team presence
🇯🇵 Japan98.1%
🇵🇰 Pakistan1.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Luup Japan 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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