LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B

Aging demographylabor shortages, the adoption van Genai, and the 2023 Implementation of e-Invoising Doing companies to automate finances, tax, purchasing and HR in Japan. Yet Only 16% of the digital transformations succeed, And that is only 4–11% in traditional industries. The most important barriers? Weak leadership involvement, a rigid culture and a lack of digital talent. Layerx Offers an AI Saas platform to help the back-office automation of companies.

LayerxA Japanese AI Saas-Startup that enables companies to reduce back-office workload has collected $ 100 million in a series B-round led by Technology Cross Ventures (TCV), which marks the first investment of the American fund in a Japanese startup.

The company refused to announce its appreciation, but said that both the appreciation and the size of the round to the largest ever were raised by a seven-year-old Japanese startup in the B-phase series. Other investors, including MUFG Bank, Mitsubishi UFJ Innovation Partners, Jafco Group, Keyrock Capital, Coreline Venture and JP Investment, also came to the B -round series, which brought the total to $ 192.2 million.

The most important range of the startup includes Bakuraku, a platform that automates workflows for company expenditure, cost management, invoice processing and company card activities, for more than 15,000 companies; Alterna, an investment platform for digital effects of digital securities developed in collaboration with Mitsui & Co.; and AI Workforce, a generative AI solution that is designed to streamline workflows and to tremble Enterprise data.

Founded in 2018 by serial entrepreneur Yoshinori Fukushima, who studied Machine Learning at the University of Tokyo and previously launched the News App Gunosy, which was later mentioned on the Tokyo Stock Exchange, Layerx grew from one of his digital transformation (DX) and Blockchain Projects.

The founder launched Layerx after identifying a significant bottleneck in the Japanese Enterprise-Workflows: paper invoice processing. This insight led the team to run in Saas with their AI-driven platform, Bakuraku, Fukushima told WAN, and added that the AI-Native user experience of the platform quickly got a grip, which made Layerx large strategic partnerships secured, including the newest or the mitsubishi and the Mitsubishi and Mitsubishi and Mitsubishi and the Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi and Mitsubishi worked.

Despite a wave of digitization, many Japanese companies still trust paper and excel for cost reimbursements and invoice processing, the CEO continued. In its own country, the startup competes with money Vooruit Cloud Keihi, Freee and Rakuraku Seisan. Worldwide, the Rivals SAP Competition include Rippling, Brex, Ramp, Panesk and AirBase. In the AI ​​Workforce room it is confronted with competition from Harvey, Fukushima noted.

Bakuraku distinguishes itself with an AI-driven user experience. The company upgrade continuous automation functions such as “Auto-entry and Document Splitting”, while also investing in AI agents and AI-enabled Business Processing Outsourcing (BPO). The team includes “more than 12 former CTOs and a kaggle grandmaster.” Bakuraku offers an extensive, integrated platform for “cost management, invoice processing, company cards, workflows, e-Ledger-Compliance, presence and claims all in one solution,” added Fukushima.

The startup has closed its series B financing less than two years after securing its Serie A in November 2023. The characteristic platform, the Bakuraku Suite, has seen considerable growth, said the seven -year -old company.

“We hired 10,000 customers in February 2024 and reached 15,000 in April 2025, with more business customers on board,” said the CEO. “The workforce has also grown from around 220 employees in October 2023 to around 430 from the end of July 2025.”

Layerx is on schedule to reach $ 68 million, equal to ¥ 10 billion, faster than any SaaS company in the history of Japan, according to the company. “The growing lime known as T2D3 was reached for schedule, and we expect to surpass the previous domestic record, which lasted eight years after the product launch in less than five years, “said Fukushima.

AI Workforce counts Mitsui & Co. And MUFG Bank among its customers, while Bakuraku serves customers such as Ippudo, Iris Ohyama, the Imperial Hotel and Sekisui Chemical.

Looking ahead, the company focuses on approximately $ 680 million (¥ 100 billion) in annual income per financial year 2030, with approximately half expected from the AI ​​agent activities. It is also planning to grow his workforce to around 1,000 employees by 2028.