About Circ
Circ is a Transportation, Automotive & Logistics company based in Berlin (Germany) founded in 2018 by Diana Morato, and was acquired by Bird in January 2020. App-based electric kick scooter rental service. Circ has raised $62.64 million across 1 funding round from investors including Bird, Idinvest Partners and Target Global. The company has 217 employees. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Kick Scooters. Its legal entity is LMTS Germany GmbH.
Company details
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.
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 $62.64M
- Total Rounds 1
- Last Round Series A — $62.64M
- First Round $62.64M
(Jan 2019)
- Investors Count 3
All 1 funding rounds of Circ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $62.64M | Series A | – | Target Global |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | targetglobal.vc | London, United Kingdom | ||
Equity investments are provided to low and middle market companies. | 1997 | idinvest.com | Paris, France | |
Early-stage tech investments are made in European companies. | signals.vc | Berlin, Germany | ||
Electric kick-scooters are rented through an app-based platform. | 2017 | bird.co | Miami, United States |
Investor details for Circ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Circ
1 people are tracked at Circ (1 in leadership); the tracked headcount is 217.
| Name | Role | Group |
|---|---|---|
Diana Morato | Co-Founder & Managing Director | Leadership |
Complete people profiles for Circ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Circ
3 dated milestones of Circ across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Circ is founded.
- Funding First funding round of $62.6M.
- Exit Acquired by Bird.
Web traffic of Circ
Websites that share an audience with Circ (circ.com).
Websites whose visitors overlap most with Circ. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| heidrick.com | 100% | 133.3K | #289,204 | View details |
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Related news about Circ
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Frequently Asked Questions about Circ
Circ was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Circ is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
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 2019.
Circ has 217 employees.
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.
Circ has 4 investors. Key investors include Bird, Idinvest Partners, Target Global, and Signals Venture Capital.
Circ operates through Lmts Germany Gmbh.
Yes. Circ was acquired by Bird in January 2020.