X Mile Secures ¥3.17 Billion in Series C Funding to Advance Digitalization in Non-Desk Industries

X Mile Raises ¥3.17 Billion in Series C Funding

X Mile, a company specializing in workforce matching and digitalization for non-desk industries such as logistics, construction, and manufacturing, has successfully raised ¥3.17 billion in a Series C funding round. The announcement was made on August 6, 2026. The round was led by Vertex Growth, with participation from a consortium of investors including ALPHA, SMBC Nikko Securities, SOMPO Growth Partners, The University of Tokyo Edge Capital (UTEC), SMBC Venture Capital, Minerva Growth Partners, Japan Post Capital, and JPS Growth Investments.

Company Background

Founded in 2019, X Mile operates across three primary business areas: HR platform, digital transformation (DX)/AI platform, and management support platform. The company's HR platform is tailored for non-desk industries and boasts a registered job seeker base of 1.2 million, servicing more than 30,000 business locations. Its DX/AI platform focuses on developing industry-specific vertical AI solutions, collaborating with major corporations like the NX Group, Seino Holdings, Japan Post Group, and Sompo Japan to drive digitalization. The management support platform aids in business succession and mergers and acquisitions (M&A).

Use of Funds

The newly acquired funds will be directed towards enhancing existing product functionalities and recruiting additional talent in engineering, sales, and customer success roles. X Mile also plans to increase investment in emerging areas such as vertical AI and FinTech, and further its M&A strategies. The company aims to leverage both equity and debt to expand its business operations.

Leadership and Growth

Hiroyuki Noro, Founder and CEO of X Mile, has been a driving force behind the company's growth. The company reports a year-over-year growth rate of over 90% in its Annual Recurring Revenue (ARR). Furthermore, X Mile has achieved an implementation rate exceeding 70% among major transportation companies that operate fleets of over 1,000 vehicles.

With this latest round of funding, X Mile is poised to strengthen its position in the non-desk industry sector, continuing its mission to enhance workforce efficiency and promote digital transformation.