Goldman Sachs sends funding to Sansan

Nov 10, 2017 • Robert Lavine

Business contacts storage platform Sansan is set to receive $17.6m from Goldman Sachs, after raising $76m from a corporate-packed investor base.

Investment banking firm Goldman Sachs will invest ¥2bn ($17.6m) in Sansan, a Japan-based business card management platform developer backed by corporates Salesforce, GMO, Nikkei, Recruit, CyberAgent and Nippon Life, Nikkei has reported.

Sansan has created an app called Eight that allows users to store all their business contacts information in a single place. The company, which has registered 1.8 million users in Japan, intends to now expand to markets such as India, Indonesia and other Southeast Asian nations.

The deal…

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