Headline Asia leads Tradom Series A
Headline Asia, a member of Headline conducting global investment activities primarily in Asia, has executed an investment in Tradom, which…
Headline Asia, a member of Headline conducting global investment activities primarily in Asia, has executed an investment in Tradom, which develops and provides the “Tradom FX Solution” system for appropriate foreign exchange risk control.
Tradom has raised 413 million yen through a third-party allocation of shares, with Headline Asia as the lead investor among eight participating companies. This funding will accelerate the development of an enterprise plan that enables more sophisticated foreign exchange management and FX risk management through their “Tradom FX Solution” system for corporate clients.
Business Progress and Future Outlook
Since raising approximately 235 million yen in the previous funding round, Tradom has increased its client base through advanced feature development of “Tradom FX Solution” and aggressive marketing activities.
As a result, within 15 months of service launch, the contracted Annual Recurring Revenue (ARR), which represents the total annual usage fees contracted with customers, has exceeded 100 million yen, achieving 30-fold growth.
From 2022 to present, the foreign exchange market, particularly USD/JPY, has experienced significant volatility. In such a volatile forex market, companies engaged in overseas transactions have seen their performance significantly impacted by exchange rate fluctuations, causing concerns for many executives and financial officers/managers.
“Tradom FX Solution” is an AI-powered foreign exchange risk management system with three key functions:
- Visualization of FX Risk
- FX Risk Hedge Guidance Based on AI Trend Prediction
- Hedge Effect Analysis
The system has already been implemented by over 60 companies, including major corporations such as Shiseido, Japanet Takata, and MIXI, as well as a wide range of clients from small to large enterprises across manufacturing, retail, food, trading companies, and overseas cloud server users.
In response to growing demands for foreign exchange risk management from many companies, Tradom has secured this funding to enhance their technology and expand services while strengthening their organizational structure. This will accelerate the development of their enterprise plan, which features enhanced global foreign currency transaction management, hedge transaction management, and workflow functionality.
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