Circula investors and funding

CirculaInvestors and Funding

Three rounds since 2022BerlinSpend management

Circula has raised US$43.2m across three rounds since January 2022. Its latest round was a €15m Series A extension in May 2025, led by Alstin Capital, Capnamic Ventures, Peak Capital, Wenvest Capital, Storm Ventures and CIBC Innovation Banking. 11 investors have backed it; Capnamic Ventures has joined the most rounds (3, leading 1).

US$43.2mRaisedin total
3Roundssince 2022
€15mLatestSeries A extension, May 2025
11Investors

Investors

11 investors, most rounds first. Names link to the Investor Index.

InvestorRoleLatestBacked
Capnamic Ventures3 roundsLed 1May 2025
Alstin Capital2 roundsLed 1May 2025
Peak Capital2 roundsLed 1May 2025
Storm Ventures2 roundsLed 1May 2025
Main Incubator2 roundsJoinedSep 2023
CIBC Innovation Banking1 roundLed 1May 2025
Wenvest Capital1 roundLed 1May 2025
HW Capital1 roundJoinedSep 2023
Peak1 roundJoinedJan 2022
Wenvest1 roundJoinedSep 2023
WENVEST Capital1 roundJoinedJan 2022
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Every round

Newest first, as announced

WhenAmountRoundLed byReport
May 2025€15mSeries A extensionAlstin Capital, Capnamic Ventures, Peak CapitalMay report
Sep 2023€12mSeries APeak Capital, Capnamic Ventures, Main IncubatorSeptember report
Jan 2022€12mSeries AALSTIN Capital, Peak, Storm VenturesJanuary report

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Also raising in spend management

Latest rounds in the same product area

CompanyAmountRoundLed byWhen
CapitalOSUS$21.9mSeries AOct 2026
CoastUS$35mGrowth equityOct 2026
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