How much funding has Miletos raised?

Miletos has raised ¥1.53B (Approx. $10.2M USD) in total funding. Their latest funding round was Series A. Key investors include Yayoi Co., Ltd., Infcurion, Mizuho Capital, SMBC Venture Capital, Mitsubishi UFJ Capital, Plug and Play Japan.

Where is Miletos headquartered?

Miletos is headquartered in Tokyo, Japan. The company has a team of 40 people.

When was Miletos founded?

Miletos was founded in 2016. It is based in Tokyo, Japan.

Who is the CEO of Miletos?

Yasufumi Takahashi is the CEO of Miletos. The company was founded in 2016.

Where is Miletos located?

Miletos is headquartered in Tokyo, Japan.

What funding stage is Miletos at?

Miletos is currently at the Growth Stage stage.

How many employees does Miletos have?

Miletos has approximately 40 employees.

Miletos

Category: AI in Fintech

An AI-powered back-office transformation platform that automates financial operations like expense auditing and accounts receivable management through a concept called 'Modern Process'. Miletos was founded in 2016. The company is led by Yasufumi Takahashi. Based in Tokyo, Japan. Team size: 40. Total funding raised: ¥1.53B (Approx. $10.2M USD). Latest round: Series A. Key investors include Yayoi Co., Ltd., Infcurion, Mizuho Capital, SMBC Venture Capital, Mitsubishi UFJ Capital, Plug and Play Japan.

Founded: 2016
Headquarters: Tokyo, Japan
Team size: 40
Total funding: ¥1.53B (Approx. $10.2M USD)

Value proposition

Simultaneously achieves operational efficiency and rigorous internal control by using AI to eliminate manual audits and human error in financial reporting.

Products and solutions

SAPPHIRE: AI-driven expense audit and management system for fraud detection and 'check-less' processing., STREAM (STREAM AI ARM): AI-powered accounts receivable (AR) and payment matching automation platform., SAPPHIRE for Transportation: Specialized module for automated commuting and local travel expense management., Business Process Improvement Consulting: Specialist advisory for digital transformation in finance and accounting.

Unique value

Advocates for a 'Modern Process' where AI autonomously handles routine verification and matching, allowing humans to focus on creative tasks rather than manual data entry or auditing.

Target customer

Large enterprise finance departments requiring high governance (e.g., Fuji TV, Kao), and SMEs through strategic accounting software partnerships.

Industries served

Media & Broadcasting (e.g., Fuji TV), Manufacturing & Consumer Goods (e.g., Kao Corporation), Insurance & Finance (e.g., Meiji Yasuda Life), Public & Healthcare (e.g., Wakayama Medical University), SaaS & Enterprise Software

Technology advantage

Utilizes proprietary AI logic and LLMs capable of understanding the context of receipts (e.g., identifying personal vs. business expenses) and high-speed matching algorithms for complex, high-volume accounts receivable data.

How they differentiate

Focuses on 'Check-less' AI automation that understands the context of expenses (e.g., detecting personal vs. business use) rather than simple data entry. Its 'Modern Process' philosophy targets the complete elimination of human auditing in financial workflows.

Main competitors

SAP Concur, Money Forward Cloud Expense, Tokium, V-ONE (Money Forward Group)

Key partnerships

Yayoi Co., Ltd.: Capital and business alliance to expand AI solutions to the SME market., Fuji TV: High-profile implementation partnership for AI-based fraud detection and governance enhancement., Accenture: CEO and leadership team leverage deep consulting roots for enterprise-grade solution design., JCB Co., Ltd.: Business partnership for JCB corporate card data integration with SAPPHIRE expense management system (March 2026)., Tokyo Gas Co., Ltd.: Implementation of STREAM AI ARM for automated payment matching., American Express International, Inc.: Corporate Card transaction-data integration with SAPPHIRE Expense Management, announced October 6, 2026; automatically imports card statements for AI expense checks.

Notable customers

Fuji Media Holdings (Fuji TV), Kao Corporation, Meiji Yasuda Life Insurance, Sumitomo Mitsui Trust Bank, Wakayama Medical University, Tokyo Gas Co., Ltd., Matsuda Sangyo Co., Ltd., Idemitsu Kosan Co., Ltd.

Major milestones

Founded in June 2016, Appointed Yasufumi Takahashi as CEO in November 2023, Established strategic capital alliance with Yayoi Co., Ltd. in December 2023, Secured ¥980M in Series A and debt financing in June 2025, cumulative ¥1.53B, Reached equity-method affiliate status with Yayoi, Launched SAPPHIRE invoice payment function in 2025, Announced corporate card service for spring 2026, Established JCB partnership for corporate card data integration in March 2026

Growth metrics

Yayoi announced on June 24, 2025 that its additional ¥330M investment made Miletos an equity-method affiliate, strengthening their partnership and joint development of Yayoi Expense Next for SMEs.

Market positioning

Enterprise AI SaaS specialist for high-governance finance departments and strategic partner to SME accounting leaders.

Geographic focus

Japan

Patents and IP

Discloses use of proprietary AI scoring logic and unique matching algorithms; formal patent registrations are generally managed through their internal IP portfolio but not publicly emphasized by patent number in main marketing.

About Yasufumi Takahashi

Yasufumi Takahashi is the Representative Director and CEO of Miletos. Before taking the helm at Miletos, he spent over 11 years at Accenture, where he served as a Senior Manager in the high-tech, media, and manufacturing sectors, specializing in business process reengineering (BPR) and digital transformation. He is a Certified Fraud Examiner (CFE) and holds both a Bachelor's and a Master's degree from Yokohama National University. He initially joined Miletos in 2020 as Director and COO/CAO before being appointed CEO in November 2023.

More AI in Fintech companies

Official website: https://miletos.tech/