Circula
PrivateLast Round
Series A
Extension
May 7, 2025
Total Funding Raised
$31.74M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Circula is a fintech company that provides an AI-powered software-as-a-service platform for employee expense management, including travel expenses, corporate credit cards, and employee benefits.
Sector
FinTech
Verticals
Accounting & Expense, Digital Payments, Workflow Automation, HR
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Circula Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Circula Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A Extension | May 7, 2025 | ||||
| Series A | Jan 31, 2022 | ||||
| VC Round | Feb 5, 2021 | ||||
| Seed | Apr 3, 2019 |
Key People
Founding team and executive leadership
Circula Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Alstin Capital | Series A Extension, Series A |
| CIBC Innovation Banking | Series A Extension |
| ALSTIN Capital | Series A Extension, Series A |
| Storm Ventures | Series A Extension, Series A |
| neosfer | Seed, VC Round, Series A |
| Capnamic Ventures | Seed, Series A Extension, VC Round, Series A |
| WENVEST Capital | Series A Extension, VC Round, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 11, 2026
Announced integration with SAP for seamless expense management.
- Sep 29, 2025
Added Securitas Alert GmbH, a security services company, as a customer.
Circula Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Circula's valuation, stock price, and market status.