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Next Innovation

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Online women's health platform for telemedicine services

Osaka, JapanFounded 2016Consumer Services
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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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 data

At a glance

Status
Operational
Founded
2016
Headquarters
Osaka, Japan
Employees
12
Open positions
None listed
Dealroom signal
78.5/100
Industry
Media
Sector
Consumer Services
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Apr 2022 $7.8M $61M Undisclosed —
LATE VC✓Equity / VC Feb 2022 $3.9M $61M Hakuhodo.inc —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Next Innovation website traffic

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.

Latest monthly visits4.2K 3-month web change+75% 1-year team growth+33.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

18 investors on the cap table

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
  • Anabuki 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
  • PIALA VENTURES
  • S Ventures
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇯🇵 Japan85.7%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Next Innovation 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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