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Next Innovation
Online women's health platform for telemedicine services
About Next Innovation
Next Innovation Inc., now known as Nekuino Co., Ltd., was founded in June 2016 by Kenichi Ishii. Ishii, a pharmacist with an MBA, previously worked at AstraZeneca and Novartis, and ran a medical consulting firm before establishing Nekuino. His experience in pharmaceuticals and medical consulting, particularly a project in organ transplantation, shaped his vision for the company. The initial business model focused on online consultations for sensitive health areas like erectile dysfunction and AGA, where the privacy of telemedicine is a significant advantage.
The company pivoted to focus on women's health, a move inspired by an intern, leading to the launch of its flagship service, "Smaluna," in June 2018. Smaluna is an online platform specializing in gynecology that connects users with doctors for consultations and birth control pill prescriptions. The service includes a medical consultation room staffed by midwives and pharmacists, available 365 days a year, and has surpassed 1.3 million downloads. Smaluna operates on a subscription-based model and also generates revenue through consultation fees. Payment methods include credit cards and bank transfers.
In addition to its direct-to-consumer service, Nekuino offers corporate and municipal solutions. "Smaluna for Biz" is a corporate wellness program where companies can cover the cost of pill prescriptions for their employees. The company has also partnered with municipalities to integrate its services. Expanding its Femtech portfolio, Nekuino launched "toreluna," a service that provides free sanitary napkins in restrooms. Nekuino has successfully raised approximately 3.5 billion JPY in funding as of September 2021.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Apr 2022 | $7.8M | $61M | Undisclosed | — |
| LATE VC✓Equity / VC | Feb 2022 | $3.9M | $61M | Hakuhodo.inc | — |
Growth signals
Latest recorded traffic for Next Innovation is 4.2K monthly website visits, up 75% over the last three months. Next Innovation's team grew 33.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Nissay Capital
Saison Ventures
Future Venture Capital
ANOBAKA
Venture United- AKAnabuki Kosan
Series A5 investors entered at this stage
Nippon Venture Capital
Japan Startup Support Association
JAFCO
All About
Akatsuki
Series B and later1 investor entered at this stage
Hakuhodo.inc
Other known investors6 additional known investors
Dawn Capital
ENEOS Innovation Partners
Fujitsu Accelerator
Hakuhodo DY Ventures- PVPIALA VENTURES
S Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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