# SIRCLO Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sirclo-pte

- Industry: Software
- Headquarters: Banten, Indonesia
- Website: www.sirclo.com
- Total disclosed funding: $121M
- Latest round: Series C (Oct 9, 2024)
- Investors on record: 14

## About

Based in Tangerang, Indonesia, and founded in 2013, Sirclo Pte Ltd operates as a provider of e-commerce solutions for enterprises. Brian Marshall (CEO) and Andreas Thamrin (CCO) are the founders of the company. In October 2024, SIRCLO Pte Ltd raised USD 10.10 million in series C funding from SMDV, East Ventures, Beacon Venture Capital, and Pavilion Capital Partners.

The firm’s products include Sirclo Store, a SaaS that provides ready-to-use templates for building an e-commerce platform, Sirclo Commerce, an end-to-end multichannel management service, Sirclo Connexi, an inventory and order management dashboard, and Sirclo Chat, an order and response automation application. The company also offers Icube which is an omnichannel technology strategy and implementation consultant and Swift which is an online store platform.

## Funding rounds

- Series C, Oct 9, 2024, $10M — East Ventures, SMDV, Beacon Venture Capital, Pavilion Capital Partners
- Series C, Jun 23, 2023, $11M — Alto Partners, Vertex Ventures Southeast Asia & India
- Series C, Jun 13, 2023, $11M — Vertex Ventures Southeast Asia & India
- Series B, Sep 30, 2021, $81M — East Ventures, SMDV, Heyokha Brothers, Sinar Mas Land, OCBC NISP Ventura, Meranti Global Investment, Baltimore Investment Group, LLC, Godwit Investments Pte. Ltd.
- Series B, Jan 13, 2021, $6M — East Ventures, Skystar Capital, Sinar Mas Land, OCBC NISP Ventura
- Series B, May 6, 2019, $2M — Focus Media Holding Limited, East Ventures, Skystar Capital, Sinar Mas Land, OCBC NISP Ventura
- Series A, Jun 22, 2018, $0.5M — East Ventures
- Seed, Sep 30, 2015, $0.1M — East Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A, Series B, Series C
- Focus Media Holding Limited — Series B
- Skystar Capital (https://capitalatlas.ai/funds/skystar-capital) — Series B
- Sinar Mas Land — Series B
- OCBC NISP Ventura — Series B
- SMDV (https://capitalatlas.ai/funds/smdv) — Series B, Series C
- Heyokha Brothers (https://capitalatlas.ai/funds/heyokha-brothers) — Series B
- Meranti Global Investment — Series B
- Baltimore Investment Group, LLC — Series B
- Godwit Investments Pte. Ltd. — Series B
- Vertex Ventures Southeast Asia & India (https://capitalatlas.ai/funds/vertex-ventures-southeast-asia-india) — Series C
- Alto Partners (https://capitalatlas.ai/funds/alto-partners) — Series C
- Beacon Venture Capital (https://capitalatlas.ai/funds/beacon-venture-capital) — Series C
- Pavilion Capital Partners (https://capitalatlas.ai/funds/pavilion-capital-partners) — Series C