The Shizuoka Bank has arranged a ¥1.1bn ($7.0m) venture debt-style syndicated loan for Henry, a Tokyo-based provider of cloud software for hospitals, with The Bank of Fukuoka, The Joyo Bank, The Bank of Nagoya and The Yamanashi Chuo Bank participating. Henry said it was the first venture debt-style syndicated loan in Japan formed only of regional banks.
Henry also received ¥100m ($0.6m) of equity from YMFG Capital and Hokuhoku Capital, bringing the total raised to ¥1.2bn ($7.6m). The proceeds will be used to expand implementation and migration support for regional hospitals, and to expand medical billing BPO and AI agents aimed at outsourcing and automating claims and records work.
Henry said the participating banks will introduce hospitals to it and work with it on sales. Shizuoka Bank described the deal as additional support for Henry. Interest rate, maturity and other terms were not disclosed.
Henry was founded in 2018 and is unlisted. Its cloud-native core system for hospitals combines electronic health records, ordering and medical billing software, and was launched in 2023 into a hospital EHR market that Henry says has been dominated for about 30 years by on-premise systems from large vendors. About 80% of hospitals using the system are outside major cities. The company also offers billing BPO, AI workflow and management consulting.
The latest financing follows Henry's Series C round of ¥3bn, announced in May 2026 and co-led by Angel Bridge, Globis Capital Partners and Yucho Asset Management. Coral Capital, JIC Venture Growth Investments, Suzuyo and Mpathy also participated. Henry said at the time that its total funding was about ¥5.7bn.