About Circula
Circula is a company based in Berlin (Germany) founded in 2017 by Nikolai Skatchkov and Roman Leicht was acquired by Personio in October 2026. Circula has raised $48.41 million across 5 funding rounds from investors including Personio, Canadian Imperial Bank of Commerce and Peak XV Partners. Circula offers products and services including Expense Management Platform, Corporate Credit Cards, and Employee Benefits Management. Circula operates in a competitive market with competitors including Ramp, Brex, Navan, Spendesk and Concur, among others.
- Headquarter Berlin, Germany
- Founders Nikolai Skatchkov, Roman Leicht
- SectorsTravel & HospitalityTechnology
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Website circula.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Personio (Oct 2026)
- Legal Name Circula Gmbh
Products & Services of Circula
Circula offers a comprehensive portfolio of products and services, including Expense Management Platform, Corporate Credit Cards, and Employee Benefits Management.
Automates tracking and approval of business expenses
Provides digital cards for expense payments
Handles administration of perks like mobility budgets
Apps and channels of Circula
its YouTube channel Circula has 141 subscribers and 30 videos.
Videos from Circula
The most watched videos on Circula's YouTube channel, Circula (141 subscribers). Click a video to play it here.
More on Circula.
Funding Insights of Circula
Circula has successfully raised a total of $48.41M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $17 million completed in May 2025. 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 $48.41M
- Total Rounds 5
- Last Round Series B — $17M
- Investors Count 9
All 5 funding rounds of Circula 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 |
|---|---|---|---|---|---|
| May 2025 | $17M | Series B | – | Canadian Imperial Bank of Commerce | |
| Sep 2023 | $12.88M | Series A | – | Peak, HW Capital | |
| Jan 2022 | $13.38M | Series A | – | – | |
| Feb 2021 | $5.16M | Series A | – | WENVEST Capital, Capnamic Ventures | – |
| Apr 2019 | – | Seed | – | neosfer, Capnamic Ventures | – |
10 investors in total: 10 institutional.
Investors in Circula
Circula has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Personio, Canadian Imperial Bank of Commerce and Peak XV Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage to series A investments are targeted by Capnamic Ventures. | – | capnamic.com | Cologne, Germany | |
Early-stage tech startups are funded by Alstin Capital. | – | alstin.capital | Munich, Germany | |
Venture capital fund focused on multiple sectors | – | stormventures.com | Menlo Park, United States | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Early-stage tech investments in Europe are targeted by Peak. | – | peak.capital | Amsterdam, Netherlands | |
Early-stage investments are targeted by the venture capital firm Neosfer. | – | neosfer.de | Frankfurt Am Main, Germany | |
Early-stage venture capital is provided by WENVEST Capital. | – | wenvest.capital | Munich, Germany | |
Seed-stage tech investments in Europe are made by HW Capital. | – | hwcapital.de | Munich, Germany | |
Commercial banking services are provided to individuals and businesses. | 1867 | cibc.com | Toronto, Canada | |
Cloud-based HRMS platform is offered for small and medium-sized businesses. | 2015 | personio.com | Munich, Germany |
Investor details for Circula
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Circula
54 people are tracked at Circula (14 in leadership, 40 in team).
| Name | Role | Group |
|---|---|---|
Nikolai Skatchkov | Co-Founder | Leadership |
Roman Leicht | Co-Founder | Leadership |
Manuel Ensinger | Head of Operations | Leadership |
Eileen Rohlfs | Partner Marketing Managerin | Leadership |
Juliette Kronauer | Head of Partnerships | Leadership |
Lisa Goodman | People Partner | Leadership |
Gabriela Santos D'Alò de Oliveira | Senior People Partner | Leadership |
Karen Lindner | VP People & Culture | Leadership |
Etienne Echinard | VP Marketing | Leadership |
Nick Ellebracht | Partner Relations Manager | Leadership |
Dominic Gast | Head Of Customer Experience | Leadership |
Johannes Kochs | CFO | Leadership |
Katharina Hamm | Senior People Partner | Leadership |
Riaan Stipp | VP Of Product | Leadership |
Elina Maas | Tech Lead Backend Engineer | Team |
Hasan Mammed-Zadeh | Senior Software Engineer | Team |
Simon Herzing | Customer Success Manager | Team |
Sara Miljic | Growth Marketing Working Student | Team |
Natasa Cirkovic | QA Engineer | Team |
Ruslan Peshchuk | Senior Backend Engineer | Team |
34 more people are available in the full profile.
Complete people profiles for Circula
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Circula
4 dated milestones of Circula across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Circula is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $17.0M.
- Exit Acquired by Personio.
Competitors of Circula
Circula 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 Ramp, Brex, Navan, Spendesk and Concur, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ramp.com | 2019 | New York, United States | $2.13B | – | Spend management and accounts payable solutions are delivered to businesses. | |
| brex.com | 2017 | Draper, United States | $1.16B | – | SaaS-driven credit card and spend management solutions platform for businesses | |
| navan.com | 2015 | Palo Alto, United States | $1.58B | 847 | Corporate travel and expense management are facilitated through SaaS platform. | |
| spendesk.com | 2016 | Paris, France | $303.82M | – | Provider of prepaid cards for financial benefits of employees | |
| concur.com | 1988 | Bellevue, United States | – | – | Corporate travel expenses and invoices are managed via SaaS platform. | |
| emburse.com | 2002 | San Francisco, United States | $7.25M | 9 | Corporate cards and expense management are offered to businesses. | |
| pleo.io | 2015 | Copenhagen, Denmark | $434.02M | 149 | SaaS expense management solutions for business travel are provided. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| spenmo.com | 2019 | Singapore | $121.35M | – | Cloud-based corporate cards and expense management solutions are offered. |
Detailed competitors of Circula
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Circula
The website of Circula (circula.com) receives about 104.8K visits a month and ranks #337,838 among all websites worldwide, #2,535 in Business Services.
- Monthly visits104.8K
▲ 28.6% vs previous month
- Unique visitors29.4K
per month
- Global rank#337,838
among all websites
- Category rank#2,535
Business and Consumer Services · Business Services
- Bounce rate35%
- Pages per visit4.5
- Average visit1 min 11 sec
- DevicesDesktop 61% · Mobile 39%
Websites whose visitors overlap most with Circula. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| candis.io | 100% | 144.6K | #155,772 | View details | |
| mooncard.co | 100% | 126.1K | #215,671 | View details | |
| qonto.com | 100% | 4M | #12,304 | View details | |
accountable.de | accountable.de | 100% | – | #93,340 | – |
zukunft-personal.com | zukunft-personal.com | 100% | – | #1,544,501 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Circula
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Circula
Complete news archive for Circula
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Circula
10 companies that operate in the same segment as Circula (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Circula
Circula was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Circula is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Circula is a funded company, having raised a total of $48.41M across 5 funding rounds to date.
Circula was founded in 2017 in Berlin, Germany, as a provider of software solutions in the financial technology sector. Automated tools are offered for handling employee expenses, company credit cards, and benefits administration. Services are tailored for companies of different sizes and support roles in finance, accounting, and human resources. Integration with enterprise resource planning, accounting, and HR systems is facilitated to streamline operations.
Circula offers Expense Management Platform, Corporate Credit Cards, and Employee Benefits Management.
Circula has 10 investors. Key investors include Personio, Canadian Imperial Bank of Commerce, Peak XV Partners, Capnamic Ventures, and Alstin Capital.
Circula operates through Circula Gmbh.
Yes. Circula was acquired by Personio in October 2026.
The website of Circula receives about 105 thousand visits a month and ranks #337,838 among all websites worldwide.

