Investments
160Portfolio Exits
6Funds
6About Coral Capital
Coral Capital operates as a venture capital firm focusing on seed to Series B stage investments across various industries. The firm supports startups from software as a service (SaaS) to nuclear fusion, providing funding and strategic insights. It primarily sells to the startup ecosystem, offering resources such as talent, capital, and knowledge to entrepreneurs aiming to build legendary companies. Coral Capital was formerly known as 500 Startups Japan. It was founded in 2018 and is based in Tokyo, Japan.
Latest Coral Capital News
Nov 18, 2025
米PEファンド、ユニコーン企業スマートHRに出資－日本で初の投資案件 が無論それはマクロの話、ビジネスは常にミクロの話。当事者起業家、投資家各位の能力と努力の賜物、大ホームラン御目出とうございます。 25 ・ 注目すべきは、「上場急ぎすぎ問題」への示唆です。多くの日本スタートアップが資本市場のプレッシャーを過度に意識し、長期的成長より短期的評価を優先してしまっている傾向は否めません。非上場期間を十分に確保することで、海外ファンドとの協業による戦略的M&Aや海外展開を視野に入れた成長を目指すSmartHRの姿勢は、他のユニコーン候補にも示唆を与えます。 また、本件はVC間でのセカンダリー取引の重要性も浮き彫りにしました。コーラル・キャピタルが保有株の一部を売却しつつ、今後も伴走を続けるという選択は、日本のスタートアップ投資文化の成熟を示すものです。 日本が「起業大国」へと転換するためには、こうした長期視点の資金供給と経営支援を行う投資家の存在が不可欠です。本件はその突破口になりうる一手と言えるでしょう。 5 ・
Coral Capital Investments
160 Investments
Coral Capital has made 160 investments. Their latest investment was in Ramp as part of their Series E - III on November 17, 2025.
Coral Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/17/2025 | Series E - III | Ramp | $300M | Yes | 137 Ventures, 1789 Capital, 8VC, Alpha Wave Global, Anti Fund, Avenir, Bessemer Venture Partners, BOX GROUP, Coatue, D1 Capital Partners, Definition Capital, Emerson Collective, Epicenter Capital, Founders Fund, General Catalyst, GIC, Glade Brook Capital, ICONIQ Growth, Khosla Ventures, Kultura Capital, Lightspeed Venture Partners, Lux Capital, Pinegrove Capital Partners, Robin Hood Ventures, Soma Capital, Stripes, Sutter Hill Ventures, T. Rowe Price, and Thrive Capital | 6 |
11/6/2025 | Series D | IVRy | $26.11M | Yes | 2 | |
9/15/2025 | Series B | MarqVision | $48M | Yes | 4 | |
7/3/2025 | Series A - II | |||||
5/13/2025 | Series B |
Date | 11/17/2025 | 11/6/2025 | 9/15/2025 | 7/3/2025 | 5/13/2025 |
|---|---|---|---|---|---|
Round | Series E - III | Series D | Series B | Series A - II | Series B |
Company | Ramp | IVRy | MarqVision | ||
Amount | $300M | $26.11M | $48M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | 137 Ventures, 1789 Capital, 8VC, Alpha Wave Global, Anti Fund, Avenir, Bessemer Venture Partners, BOX GROUP, Coatue, D1 Capital Partners, Definition Capital, Emerson Collective, Epicenter Capital, Founders Fund, General Catalyst, GIC, Glade Brook Capital, ICONIQ Growth, Khosla Ventures, Kultura Capital, Lightspeed Venture Partners, Lux Capital, Pinegrove Capital Partners, Robin Hood Ventures, Soma Capital, Stripes, Sutter Hill Ventures, T. Rowe Price, and Thrive Capital | ||||
Sources | 6 | 2 | 4 |
Coral Capital Portfolio Exits
6 Portfolio Exits
Coral Capital has 6 portfolio exits. Their latest portfolio exit was Harmonia on October 01, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/1/2025 | Acquired | 2 | |||
Date | 10/1/2025 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
Coral Capital Fund History
6 Fund Histories
Coral Capital has 6 funds, including Coral Capital Fund IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/24/2024 | Coral Capital Fund IV | $178.64M | 1 | ||
10/19/2022 | Coral Growth II | ||||
8/31/2021 | Coral Capital III | ||||
7/17/2019 | Coral Capital II (Coral Capital 2号ファンド) | ||||
3/5/2019 | Coral Capital II LP |
Closing Date | 5/24/2024 | 10/19/2022 | 8/31/2021 | 7/17/2019 | 3/5/2019 |
|---|---|---|---|---|---|
Fund | Coral Capital Fund IV | Coral Growth II | Coral Capital III | Coral Capital II (Coral Capital 2号ファンド) | Coral Capital II LP |
Fund Type | |||||
Status | |||||
Amount | $178.64M | ||||
Sources | 1 |
Coral Capital Team
3 Team Members
Coral Capital has 3 team members, including current Chief Executive Officer, Founding Partner, James Riney.
Name | Work History | Title | Status |
|---|---|---|---|
James Riney | Chief Executive Officer, Founding Partner | Current | |
Name | James Riney | ||
|---|---|---|---|
Work History | |||
Title | Chief Executive Officer, Founding Partner | ||
Status | Current |
Compare Coral Capital to Competitors
ANOBAKA is a venture capital firm that invests in early-stage internet-business-focused startups. It focuses on fintech, medical tech, mobile technology, and other technology company. It was formerly known as KVP. It was founded in 2015 and is based in Tokyo, Japan.
Spiral Ventures operates as a venture capital firm that invests in early stage and technology startups across Asia. The company offers investment services and manages a portfolio, focusing on businesses in Southeast Asia, India, and Japan. Spiral Ventures was formerly known as Spiral Ventures Japan. It was founded in 2012 and is based in Singapore.
Nissay Capital is the venture capital arm of Nippon Life Insurance Company. Nissay Capital invests in early and growth-stage businesses, resulting in a well-balanced portfolio across multiple sectors and markets. Nissay Capital was founded in 1991 and is based in Tokyo, Japan.
SMBC Venture Capital is the investment arm of Sumitomo Mitsui Banking. It is focused on investing in early-stage startups. It was founded in Tokyo, Japan.
Mitsubishi UFJ Capital operates as a venture capital firm within the Mitsubishi UFJ Financial Group. It is a commercial financial institution specializing in healthcare, electronics, and high-technology investments. It supports companies in their pre-seed and pre-series A stages with growth capital investments, and aims to partner with the companies until initial public offering (IPO), mergers and acquisitions (M&A), and other exit strategies. It was founded in 1974 and is based in Tokyo, Japan.
KSK Angel Fund, founded by Keisuke Honda, makes angel investments in areas such as blockchain, sports, artificial intelligence, IoT, robotics, rockets, and more.
Loading...