TERASS

About TERASS

TERASS is a Japanese real estate technology company founded in April 2019 by CEO Ryosuke Eguchi. Eguchi, a graduate of Keio University, previously worked at Recruit Holdings on the SUUMO real estate portal and later as a management consultant at McKinsey & Company before establishing TERASS. The company aims to modernize the Japanese real estate market, which has been characterized by informational asymmetries and analog operations.

The firm operates a hybrid business model, combining digital platforms with physical offices in key Japanese regions like Tokyo, Kansai, and Kyushu. Its core service is a platform for freelance real estate agents, providing them with technological tools, administrative support, and client acquisition channels. This model empowers individual agents, allowing them to focus on client service rather than administrative tasks. The business generates revenue through a commission-sharing model with its affiliated freelance agents.

TERASS offers several key products. "Terass Offer" is a matching platform that connects home buyers and sellers directly with suitable agents from its network. For agents, the company provides "Terass Cloud," a proprietary tool to automate administrative work, and "Terass Prime," a subscription-based consulting service. The company also operates a mortgage loan comparison service called "Loan Checker". This suite of tools is designed to support agents and provide a more transparent and efficient transaction process for consumers.

The company has achieved significant growth, raising a total of JPY 4.26 billion in funding, including a JPY 3.1 billion Series C round in July 2025. This funding is intended to accelerate business growth with the goal of becoming a leader in sales revenue and the number of affiliated agents by 2027.