# Circula

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/circula

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.circula.com
- Total disclosed funding: $32M
- Latest round: Series A (May 7, 2025)
- Investors on record: 10

## 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. In May 2025, the company raised EUR 15 million in venture funding from CIBC Innovation Banking, Capnamic, Alstin Capital, Storm Ventures, Peak, and other unspecified investors.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. The company will use the May 2025 funding to advance its AI capabilities, automate expense processes, and enhance workflow features for larger international organizations.

## Funding rounds

- Series A, May 7, 2025, $14M — Storm Ventures, Capnamic, Peak, CIBC Innovation Banking, Alstin Capital, WENVEST Capital
- Series A, Jan 31, 2022, $13M — Storm Ventures, Capnamic, HW Capital, neosfer, Peak, Alstin Capital, WENVEST Capital
- Seed, Feb 5, 2021, $5.2M — OneVentures, Capnamic, HW Capital, neosfer, WENVEST Capital
- Seed, Apr 3, 2019 — Capnamic, HW Capital, neosfer, Finparx

## Investors

- Capnamic (https://capitalatlas.ai/funds/capnamic) — Seed, Series A
- HW Capital — Seed, Series A
- neosfer (https://capitalatlas.ai/funds/neosfer) — Seed, Series A
- Finparx — Seed
- OneVentures (https://capitalatlas.ai/funds/oneventures) — Seed
- WENVEST Capital (https://capitalatlas.ai/funds/wenvest-capital) — Seed, Series A
- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Series A
- Peak (https://capitalatlas.ai/funds/peak) — Series A
- Alstin Capital (https://capitalatlas.ai/funds/alstin-capital) — Series A
- CIBC Innovation Banking (https://capitalatlas.ai/funds/cibc-innovation-banking) — Series A