Non-Desk Industry Specialist X Mile Secures 3.17 Billion Yen in Series C Funding to Accelerate Vertical AI Development and M&A

Funding Overview

X Mile, Inc. has successfully raised 3.17 billion yen in a Series C funding round. Led by Vertex Growth, the round saw participation from existing investors as well as a number of new backers, bringing the company's total cumulative funding to 6.96 billion yen.

About X Mile

With the vision of "creating a world where non-desk workers take center stage," X Mile is a startup providing management platforms tailored to non-desk industries, including logistics, construction, and manufacturing. The company operates across three core pillars: HR (recruitment), DX/AI (operational efficiency), and management support (M&A and vehicle sales). To date, they have established one of the industry's largest footprints, with over 1.2 million registered job seekers and more than 30,000 client business sites.

Purpose of Funding and Future Outlook

The newly raised capital will be allocated primarily to the following three areas:

1. Product Enhancement: Scaling hiring for engineering and sales roles to advance the functionality of the DX platform.

2. Vertical AI Development: Aggressive investment in AI products that utilize field-level data to automate operations and support decision-making.

3. M&A Strategy: Accelerating M&A activity to acquire high-synergy products and talent to address the unique challenges of the non-desk sector.

List of Investors

• Vertex Growth (Lead Investor)
• ALPHA
• SMBC Nikko Securities
• SOMPO Growth Partners
• The University of Tokyo Edge Capital Partners (UTEC)
• SMBC Venture Capital
• Minerva Growth Partners
• Japan Post Capital
• JPS Growth Investment