Z Venture Capital-backed Xbit joins SmartHR group after acquisition of all shares

  • SmartHR agreed to acquire all shares of Crossbit, bringing operator of cloud-based shift management service Rakushifu into SmartHR group.
  • Z Venture Capital first invested in Crossbit in February 2017, then made follow-on investments in 2018, 2020, taking total investments to four rounds.
  • Rakushifu supports LINE integration, has expanded adoption among multi-site restaurant, retail, service operators, reaching more than 1.2 million users nationwide.
  • Transaction positions Rakushifu shift management to integrate with SmartHR HR and labor management platform, targeting a more unified back-office workflow.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Z Venture Capital Corp published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.