KDDI Open Innovation Fund III Invests in mov inc., Provider of the "Kutikomi Com" Batch Management Tool for Word-of-mouth Sites
May 25, 2022
KDDI Corporation
KDDI invested in mov inc. (CEO: Makoto Watanabe; hereinafter "mov"), the provider of the "Kutikomi Com" batch management tool for word-of-mouth sites, through KDDI Open Innovation Fund III (operated by Global Brain Corporation; hereinafter "KOIF III"), which aims to incubate new business co-creations with promising venture startups.
Word-of-mouth sites are an important source of information for deciding on a restaurant or entertainment destination. Kutikomi Com organizes store information on map apps including Google Maps and multiple word-of-mouth sites. In addition to enabling the batch updating of store information, using Kutikomi Com also enables store owners to analyze word-of-mouth with AI to visualize store problems. Because it is capable of analyzing word-of-mouth from various angles, it can link customer opinions to operational improvements. The tool is currently used by customers in a wide range of business types and industries through integration of not only restaurants, commercial facilities, and retail stores but also local municipalities.
Through this investment, KDDI will provide its various assets to help improve the service experience value for customers by expanding the number of shops which use Kutikomi Com.
As "the company that customers feel closest to," KDDI will continue to promote business co-creation through investment in promising startup companies, and create new business models together with customers and partners.
MUGENLABO Magazine
"Kutikomi Com Converts Word-of-mouth Sites into Higher Revenue and Makes Every Store Business More Prosperous - mov" (in Japanese only)
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- ■Overview of mov inc.
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- ■About KDDI Open Innovation Fund
- KDDI Open Innovation Fund is a corporate venture fund that supports a broad range of venture companies. The currently active KDDI Open Innovation Fund III focuses on the areas of AI, IoT, data marketing, fintech, B2B SaaS, and entertainment with a total operating fund of 20 billion yen.