Private EquityRIA · CRD 134600SEC-Registered

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United

United is a Tokyo-based venture firm investing across seed to growth stages, with a direct secondaries practice operating in Japan's domestic startup...

United logo

United

United is an SEC-registered investment adviser in Irving, TX, registered since 2005. The firm manages $24.6 billion in assets, $22.5 billion on a discretionary basis. It has 289 employees and 162 investment advisers.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

Japan

City

Irving

Corporate office

Tokyo, Japan

Sector focus

Enterprise SoftwareAI/MLFinTechDigital Health

Frequently asked questions

What investment stages does United target?

United deploys across the full venture lifecycle, covering seed, startup, early-stage, growth, and expansion/late-stage rounds. The firm also maintains a direct secondaries practice, acquiring existing stakes from early investors or shareholders in private Japanese companies. This multi-stage approach is designed to capture value across company maturity levels rather than concentrating solely on early entry positions.

How is United positioned within Japan's venture capital landscape?

Japan's venture market has historically been dominated by corporate venture capital arms and financial institution-backed funds, with fewer independent, domestically focused venture firms compared to Silicon Valley benchmarks. United operates as a homegrown Tokyo platform targeting startups in sectors benefiting from Japan's digital transformation trajectory. Its early-stage mandate places it in direct competition with both domestic peers and the growing presence of global multistage funds increasingly active in Japan.

Does United participate in fund commitments or only direct deals?

Publicly available information indicates United executes direct investments into portfolio companies rather than operating as a fund-of-funds. The firm's strategy encompasses equity positions taken in primary venture rounds and acquisitions of existing stakes via direct secondaries transactions. There is no confirmed record of United making LP commitments into third-party funds.

Which sectors does United actively pursue, and are there explicit exclusions?

Confirmed sector concentrations include enterprise software and AI/ML, with fintech and digital health as secondary target verticals. These areas align with systematic opportunities in Japan's enterprise digitization and regulatory evolution in financial services and healthcare. The firm has not published an explicit exclusion list, but its technology-sector orientation suggests minimal involvement in capital-intensive sectors such as heavy industrials, energy infrastructure, or real assets.

Is there any confirmed information about United's founding team or principals?

No. As of mid-2026, United's founding year, key principals, and investment committee composition have not been publicly disclosed through the firm's website, regulatory filings, or credible secondary reporting accessible in English- or Japanese-language sources. The absence of this data is common among smaller Japanese venture firms that operate without active English-language media relations.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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