Circula GmbH Asset Profile

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Year established

2017

Location

Berlin Germany

Primary Industry

Software

About

Based in Berlin, Germany, and founded in 2017 by Nikolai Skatchkov and Roman Leicht, Circula GmbH provides a software-as-a-service solution for digital travel and expense accounting. The firm has raised seed funding of EUR 4.3 million in February 2021 from Capnamic Ventures and Main Incubator, Wenvest Capital. Circula GmbH operates a mobile application that enables employees to reimburse meal allowances, travel expenses, and cash outlays through scanning the receipts and upload and send them digitally to the expense department. The firm's platform also enables supervisors to control and approve submitted expenses and enables accountants to automate and validate imported data sets of cost accounting expenses. The firm generates revenue by providing subscription plans for businesses that start with EUR 70 for basic features and EUR 100 for professional features with a 12-month contract agreement.

Current Investors

Capnamic, HW Capital, neosfer GmbH

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Primary Industry

Software

Sub Industries

Financial Services, Web Applications, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.circula.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

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