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Circula

Circula

Private

Last 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, Workflow Automation, Digital Payments

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

expense managementtravel expense softwarespend management softwarecorporate credit cardspend managementexpense appexpense automationSaaS expense platformemployee benefits managementfinance automationOCR receipt scanningERP integrationspend controlexpense reportingfintech

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Circula Comparables

Compare Circula with similar companies based on industry and business-model similarity.

Circula comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Moss
87%
Pliant
84%
Spendesk
83%

Circula Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionMay 7, 2025
Series AJan 31, 2022
VC RoundFeb 5, 2021
SeedApr 3, 2019

Key People

Founding team and executive leadership

Roman Leicht

Co-Founder CTO

Founding Team

Nikolai Skatchkov

CEO & Co-Founder

Founding Team

Johannes Kochs

CFO

Executive Team

Circula Investors

Notable investors and investment history

Circula investors
InvestorRounds
Alstin CapitalSeries A Extension, Series A
CIBC Innovation BankingSeries A Extension
ALSTIN CapitalSeries A Extension, Series A
Storm VenturesSeries A Extension, Series A
neosferSeed, VC Round, Series A
Capnamic VenturesSeed, Series A Extension, VC Round, Series A
WENVEST CapitalSeries A Extension, VC Round, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 1, 2026

    Added MaibornWolff GmbH as a customer

  • Jun 19, 2026

    Added Werfen Ltd, a medical device company, as a customer.

Circula Filings

Explore SEC and related filing metadata, where available.

Circula filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Circula's valuation, stock price, and market status.

Is Circula a public or private company?

Circula is a private company.

What is the current stock price of Circula?

Circula is a private company, so its shares have no public market price. Caplight tracks Circula's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Circula worth (valuation)?

Valuation information for Circula is not publicly available.

Can I buy Circula stock?

Circula shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Circula's last funding round?

Circula's most recent funding round was Series A Extension on May 7, 2025.

Who are the main investors in Circula?

Key investors in Circula include Alstin Capital, CIBC Innovation Banking, ALSTIN Capital, Storm Ventures, Peak.

Will Circula IPO soon?

No public IPO plans have been announced for Circula.

How can I track Circula secondary market activity?

Caplight tracks bids, offers, and trades in Circula's shares on secondary markets.

Firmographic Details

HeadquartersBerlin
Employee Range109
Year Founded2017
Last FundingMay 7, 2025

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