Funds Startups Executes Venture Debt for WiseVine, a Provider of Administrative Management Systems

Funds Startups Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director: Hirohiro Maekawa; hereinafter 'the Company') announces that it has executed venture debt for WiseVine Inc. (Headquarters: Matsuyama-shi, Ehime; President: Shoo Yoshimoto; hereinafter 'WiseVine') through the Funds Venture Debt Fund 1 Investment Limited Partnership. WiseVine is a startup that provides management systems to local governments, enabling strategic budget allocation by centrally managing and visualizing budget flows. GovTech startups like WiseVine often face unique business practices in local governments, yet their high creditworthiness makes appropriate debt utilization beneficial for optimizing capital costs. As startups follow diverse growth curves, they often face funding needs that traditional financial institutions cannot fully meet. We are committed to providing venture debt so that these startups can select the optimal funding strategy for their business characteristics. This investment was executed with the desire to accelerate the growth of WiseVine, which possesses strong domain knowledge and supports the core of administrative decision-making, through debt finance. WiseVine provides a management system that realizes centralized budget management and visualization for municipal finance departments. By centrally managing 'budget formulation,' 'execution,' 'settlement,' and 'evaluation,' which were previously fragmented, the company achieves overwhelming labor reduction. Simultaneously, it enables strategic budget allocation (Build & Scrap) based on accumulated data, supporting sustainable municipal management in a society with a declining population. WiseVine President Shoo Yoshimoto commented: 'We are deeply grateful for this support. Since the early stages of product development, we have worked closely with former municipal finance department staff to understand the practical needs of local government employees. We are pleased that our product is highly regarded in the field, and we will use these funds to further enhance our products and reduce the burden of complex tasks, allowing staff to focus on policy formulation and improving resident services.'