Cross-Bit, Supported by Z Venture Capital from Seed Stage, Joins SmartHR Group
Z Venture Capital (ZVC) announced that Cross-Bit Co., Ltd., which it has supported since its early stages through seed investment, will join the SmartHR Group through the acquisition of all its shares by SmartHR Co., Ltd. Cross-Bit's cloud shift management service 'Rakushifu' will integrate with SmartHR's HR and labor management platform, aiming for seamless back-office operations.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 00:01
- 🔍 Collected: May 7, 2026 at 15:32
- 🤖 AI Analyzed: May 7, 2026 at 20:22 (4h 50m after Collected)
Z Venture Capital Co., Ltd. (hereinafter referred to as ZVC) announced that Cross-Bit Co., Ltd. (hereinafter referred to as Cross-Bit), which it has supported since its early stages through seed investment, has decided to join the SmartHR Group through the acquisition of all its shares by SmartHR Co., Ltd.
ZVC first invested in Cross-Bit in February 2017, and subsequently made additional investments in 2018 and 2020, investing in Cross-Bit a total of four times to date.
Cross-Bit's cloud shift management service 'Rakushifu' combines high usability, compatible with LINE, with management functions that meet the complex operational requirements of large organizations. Its adoption has been expanding, particularly among multi-location food service, retail, and service industries. Currently, it has grown into a service used by over 1.2 million people nationwide and has gained strong support as a solution that promotes DX at workplaces.
With this participation in the SmartHR Group, it is expected that the site-led shift management functions of 'Rakushifu' and the HR and labor management platform provided by SmartHR will seamlessly integrate, realizing an integrated back-office experience that supports everything from shift management to attendance, payroll calculation, labor management, and talent management.
SmartHR's announcement is available here.
Comment regarding this matter by Masanori Yuda (Z Venture Capital Partner):
To everyone at Cross-Bit. Congratulations on your advancement to a new stage through this M&A. Our encounter with Mr. Kokubo, the representative, and ZVC dates back to 2017. It began when you applied to the second term of 'Code Republic,' a seed accelerator program just launched by then YJ Capital (now Z Venture Capital) and East Ventures.
We have been working together since the very early stages of its founding, and as a result of steadily growing the business, ZVC has had the opportunity to make additional investments three times. Mr. Kokubo's attitude of calmly and steadily accumulating what needs to be done has been very impressive since our first meeting. I believe that this accumulation of efforts has led to the trust of over 30,000 businesses and achieved this wonderful result of joining SmartHR, a leading company in Japan.
Furthermore, as 'Rakushifu' provided by Cross-Bit is a service utilizing LINE, we, as the CVC of LINE Yahoo, are especially delighted. We wholeheartedly support your efforts to deliver value to even more users in the future. Once again, congratulations. We look forward to your continued success.
ZVC will continue to actively invest in and support seed-stage startups, further accelerating these efforts.
ZVC first invested in Cross-Bit in February 2017, and subsequently made additional investments in 2018 and 2020, investing in Cross-Bit a total of four times to date.
Cross-Bit's cloud shift management service 'Rakushifu' combines high usability, compatible with LINE, with management functions that meet the complex operational requirements of large organizations. Its adoption has been expanding, particularly among multi-location food service, retail, and service industries. Currently, it has grown into a service used by over 1.2 million people nationwide and has gained strong support as a solution that promotes DX at workplaces.
With this participation in the SmartHR Group, it is expected that the site-led shift management functions of 'Rakushifu' and the HR and labor management platform provided by SmartHR will seamlessly integrate, realizing an integrated back-office experience that supports everything from shift management to attendance, payroll calculation, labor management, and talent management.
SmartHR's announcement is available here.
Comment regarding this matter by Masanori Yuda (Z Venture Capital Partner):
To everyone at Cross-Bit. Congratulations on your advancement to a new stage through this M&A. Our encounter with Mr. Kokubo, the representative, and ZVC dates back to 2017. It began when you applied to the second term of 'Code Republic,' a seed accelerator program just launched by then YJ Capital (now Z Venture Capital) and East Ventures.
We have been working together since the very early stages of its founding, and as a result of steadily growing the business, ZVC has had the opportunity to make additional investments three times. Mr. Kokubo's attitude of calmly and steadily accumulating what needs to be done has been very impressive since our first meeting. I believe that this accumulation of efforts has led to the trust of over 30,000 businesses and achieved this wonderful result of joining SmartHR, a leading company in Japan.
Furthermore, as 'Rakushifu' provided by Cross-Bit is a service utilizing LINE, we, as the CVC of LINE Yahoo, are especially delighted. We wholeheartedly support your efforts to deliver value to even more users in the future. Once again, congratulations. We look forward to your continued success.
ZVC will continue to actively invest in and support seed-stage startups, further accelerating these efforts.