NEWS

OPT Group’s OPT Ventures, Inc. (President and CEO: Atsushi Nouchi) has invested in Wakrak Inc. (CEO: Reo Taniguchi), operator of “Wakrak,” a day work app where users can work from just one day. The investment is a part of the OPT Ventures No. 1 Fund.

[Outline of Wakrak Inc.]
■Company Name: Wakrak Inc.
■Address: LIFORK MINAMI AOYAMA N212, 1-12-3, Minami Aoyama, Minato Ward, Tokyo
■Business Details: Day work app development and operation
■Website: https://www.wakrak.jp/
 　　　
[Outline of Services]
■Operates the “Wakrak” day work app; users can work from just one day with no interview or resume submission required, and payment is made as early as the next day in some cases.
■When a company has a manpower shortage, it can create a recruitment page within the app from a dedicated management screen on a computer, while the person searching for work needs only to complete the three steps of “Download the app,” “Enter a profile” and “Issue a contract.” This completes the process and the work is assigned, with no need for resume submission or interviews. A notable feature is that an electronic contract is issued at the same time as the application is made, and when the user agrees to the employment contract, the process is completed. There is no need to wait for a response from the company.

[Investment Background]
■ Market:
This investment is in the growth prospects of the gig economy. The gig economy is expected to show particular growth even within the large-scale labor market, as innovative work styles change how we work. (The “gig economy” is formed from work styles comprised of short-term or one-time work, with orders received via the internet.)
■Young Founder:
The 19-year old founder of Wakrak Inc. brought sensitivities and skills unique to his age to form a business that gives people the freedom to work whenever and wherever they want, doing whatever they want. His hands-on support is expected to spur further growth of the company.