Studist

About Studist

Studist is a Japan-based software-as-a-service (SaaS) provider founded in 2010. The company develops and operates "Teachme Biz," a visual standard operating procedure (SOP) management platform designed to streamline the creation and sharing of business manuals within enterprises. This platform allows companies to create and distribute manuals using photos and videos, aiming to eliminate information loss during transmission among employees. The core of Studist's offering is designed to improve operational efficiency, particularly in employee training.

The company's main product, Teachme Biz, is a cloud-based solution that facilitates the creation, editing, and sharing of organizational knowledge through visually-based manuals. Features include the ability to manage users, set access restrictions, and track learning progress. To further enhance manual creation, Studist has developed "Teachme AI," which uses artificial intelligence to semi-automatically generate structured manuals from a single video, significantly reducing creation time. Another product, "Teachme Player," is a system designed to support on-the-job training by utilizing the manuals created in Teachme Biz, making the training process more efficient and less reliant on dedicated trainers. Studist also offers a sales promotion PDCA management platform called "Hansoku Cloud."

Studist's business model is based on subscriptions to its SaaS products, targeting a wide range of industries including retail, manufacturing, and food and beverage. The company also provides a consulting business to support its clients' operational improvements. Since its inception, Studist has focused on reducing communication-related losses. Its "Teachme Biz" product has been adopted by over 2,000 companies.

The company has successfully raised a total of $29.1 million through multiple funding rounds. A significant round in April 2021 brought in ¥1.85 billion ($17.1 million) from investors including 31VENTURES (the CVC arm of Mitsui Fudosan), Hakuhodo DY Ventures, Salesforce Ventures, DNX Ventures, and Pavilion Capital, a private equity fund under Singapore's Temasek. These investments are aimed at improving product functionality, hiring sales staff, and accelerating business development, particularly in Southeast Asia. Studist has been operating in Thailand since 2018 and expanded to Malaysia in January 2020.