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Developer of a cloud human resources software designed to automate social insurance and employment insurance procedures. The company's platform that enables users to fill out an online form and then generate digital versions of pension, employment insurance, and other HR-related documents which can be submitted to appropriate offices at the click of a button, enabling businesses to manage and streamline their HR processes.
Last updated
In 2024, SmartHR's revenue reached $53.6M. The company previously reported $46.4M in 2023. Since its launch in 2013, SmartHR has shown consistent revenue growth.
SmartHR reached a $1.6B valuation in 2025.
SmartHR has raised $194M in total funding across 5 rounds, most recently a $115M Series D round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | - | - | $1.6B | - | |
| 2021 | Series D | $115M | $1.6B | 7% | |
| 2020 | Debt Financing | $4.5M |
CEO
Four years ago the founder and CEO Shoji Miyata was wheelchair bound with a rare disease. Thanks to national health insurance he was able to make a full recovery, but he realized that filing the appropriate paperwork is a nightmare. Therefore, he aimed to solve his own problem by starting SmartHR.
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SmartHR serves 10K customers.
SmartHR employs approximately 458 people as of 2026, up from 405 in 2024, including 54 sales reps that carry a quota. It serves 10K customers that rely on its solutions.
SmartHR generates an estimated $53.6M in annual revenue.
SmartHR was founded by Shoji Miyata.
The CEO of SmartHR is Shoji Miyata.
SmartHR raised $194M across 5 rounds.
SmartHR has 458 employees.
SmartHR is headquartered in Tokyo, Japan.
SmartHR operates across multiple industries. Browse revenue, funding, and growth data for SmartHR in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$1.6B
2024 Revenue
$53.6M(Est.)
Customers
10K
Funding
$194M
Avg ACV
$5.4K
Team · 2025
458
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | SmartHR Hit $53.6m revenue in October 2024 | Estimated |
| 2023 | SmartHR Hit $46.4m revenue in November 2023 | Estimated |
| 2022 | SmartHR Hit $39m revenue in November 2022 | |
| 2021 | SmartHR Hit $29.5m revenue in November 2021 | |
| 2021 | SmartHR Hit $29.5m revenue in June 2021 | |
| 2020 | SmartHR Hit $21m revenue in June 2020 | |
| 2013 | Launched with $0 revenue |
| - |
| - |
| 2019 | Series C | $56.5M | - | - |
| 2018 | Series B | $13.5M | - | - |
| 2016 | Series A | $4.5M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 458 employees (November 2025) | |
| 2024 | Reached 405 employees (December 2024) | |
| 2024 | Reached 267 employees (October 2024) | |
| 2023 | Reached 267 employees (November 2023) | |
| 2023 | Reached 267 employees (September 2023) | |
| 2023 | Reached 245 employees (January 2023) | |
| 2022 | Reached 226 employees (November 2022) | |
| 2022 | Reached 226 employees (January 2022) | |
| 2021 | Reached 171 employees (November 2021) | |
| 2021 | Reached 171 employees (August 2021) | |
| 2021 | Reached 114 employees (June 2021) | |
| 2020 | Reached 150 employees (November 2020) |
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