About Circ
Circ is a company based in Berlin (Germany) founded in 2018 by Diana Morato was acquired by Bird in January 2020.. Circ has raised $62.64 million across 1 funding round from investors including Bird, Idinvest Partners and Target Global. The company has 217 employees as of December 31, 2020. Circ operates in a competitive market with competitors including Bird, Dott, Voi, Qick and Knot, among others.
- Headquarter Berlin, Germany
- Employees 217 as on 31 Dec, 2020
- Founders Diana Morato
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Lmts Germany Gmbh
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Funding Insights of Circ
Circ has successfully raised a total of $62.64M through 1 strategic funding round. The most recent funding activity was a Series A round of $62.64 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $62.6M
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First Round
First Round
(18 Jan 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Series A - Circ | Valuation | Target Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Circ
Circ has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bird, Idinvest Partners and Target Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm
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Founded Year | Domain | Location | |
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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made in European companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Circ
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Circ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Circ Comparisons
Competitors of Circ
Circ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bird, Dott, Voi, Qick and Knot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric kick-scooters are rented through an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform offering electric kick scooter rental services
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| domain | founded_year | HQ Location |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
App-based electric scooter rentals for eco-friendly city travel.
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| domain | founded_year | HQ Location |
Docking and charging infrastructure is provided for micromobility services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Circ
Frequently Asked Questions about Circ
When was Circ founded?
Circ was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Circ located?
Circ is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Circ a funded company?
Circ is a funded company, having raised a total of $62.64M across 1 funding round to date. The company's 1st funding round was a Series A of $62.64M, raised on Jan 18, 2019.
How many employees does Circ have?
As of Dec 31, 2020, the latest employee count at Circ is 217.
What does Circ do?
Circ was founded in 2018 in Berlin, Germany, within the micromobility sector. A fleet of electric kick scooters is operated and rented through a mobile app available on iOS and Android devices. The dockless model is utilized, enabling users to park scooters at any legal space upon rental completion. Services focus on urban short-distance transport without fixed docking stations.
Who are Circ's investors?
Circ has 4 investors. Key investors include Bird, Idinvest Partners, Target Global, and Signals Venture Capital.
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