# CircularPlace

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

- Industry: Internet
- Headquarters: Paris, France
- Website: www.circularplace.fr
- Total disclosed funding: $1M
- Latest round: Series A (Aug 14, 2024)
- Investors on record: 3

## About

Based in Paris, France, and co-founded by Vincent Gift (CEO) and Maxime Scholz (CTO) in 2021, CircularPlace formerly known as Obydo, SAS, operates as a provider of an online marketplace for buying and selling second-hand products to recycle and reuse them. Some of the firm’s clients include PARIS&CO, SteelCase, FedEx, Sodexo, Microsoft, Societe Generale, AXA, etc. In May 2024, the firm raised EUR 900,000 in venture funding led by investors Techstars Ventures, Leadership Growth Holding, and Attico Ventures. CircularPlace as of June 2024, has over 900 users and 200 buyers, with more than 160 tons CO2 saved.

The company engages in promoting the circular economy among businesses, to address the growing need for sustainable resource management in corporate environments. CircularPlace offers a modular digital platform, available as a SaaS and white-label solution, tailored to optimize the reuse of underutilized assets within organizations. The platform facilitates various services including internal resource sharing among company sites, equipment sales through an online marketplace, and donations to charitable causes, aiding businesses in meeting their Corporate Social Responsibility (CSR) goals. CircularPlace also integrates a carbon impact calculator developed in collaboration with ADEME, helping companies quantify their environmental savings.

## Funding rounds

- Series A, Aug 14, 2024, $1M — Techstars, Aticco Ventures, Leadership Growth Holding

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Series A
- Aticco Ventures — Series A
- Leadership Growth Holding — Series A