About Cirkla
Cirkla is a company based in Lewes (United States) founded in 2022 by Ankur Gupta, Kapil Bhardwaj, and Vaibhav Goel.. Cirkla has raised $3 million across 1 funding round from investors including Stellaris Venture Partners and Z47. The company has 14 employees as of July 31, 2024. Cirkla offers products and services including MAP/VSP Trays, Meal Trays, Overwrap Trays, Dairy Tubs, and Coffee Capsules. Cirkla operates in a competitive market with competitors including Paptic, Bambrew, Amwoodo, BioPak and envoPAP, among others.
- Headquarter Lewes, United States
- Employees 14 as on 31 Jul, 2024
- Founders Ankur Gupta, Kapil Bhardwaj, Vaibhav Goel
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Sectors
ConsumerIndustrial Goods & Manufacturing
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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 Cirkla Technologies Private Limited
- Date of Incorporation 21 Mar, 2023
- Jurisdiction Goregaon East, Maharashtra, India
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Annual Revenue
$783.7 K (USD)0as on Mar 31, 2024
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Net Profit
$-62.11 K (USD)0as on Mar 31, 2024
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EBITDA
$-54.11 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Sep 05, 2023
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Investors
Stellaris Venture Partners
& 1 more
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Employee Count
14
as on Jul 31, 2024
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Products & Services of Cirkla
Cirkla offers a comprehensive portfolio of products and services, including MAP/VSP Trays, Meal Trays, Overwrap Trays, Dairy Tubs, and Coffee Capsules. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Trays for modified atmosphere packaging in food applications.
Trays with barriers for frozen and microwavable meals.
Trays as eco-friendly replacements for EPS in wrapping.
Tubs for dairy products that are recyclable and compostable.
Capsules for coffee that minimize environmental impact.
Scoops for consumer goods like powders, made from plant fibers.
Inserts for biscuits that are recyclable and sustainable.
Pots for condiments with barriers for extended shelf-life.
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Funding Insights of Cirkla
Cirkla has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in September 2023. 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 Seed — $3.0M
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First Round
First Round
(05 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Cirkla | Valuation | Stellaris Venture Partners , Z47 |
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| 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 Cirkla
Cirkla has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Stellaris Venture Partners and Z47. 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 investing in early-stage startups across fintech, software, and other sectors.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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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 Cirkla
| 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 - Cirkla
| 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 |
Cirkla Comparisons
Competitors of Cirkla
Cirkla 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 Paptic, Bambrew, Amwoodo, BioPak and envoPAP, 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 |
Online platform for plant based material packaging solutions
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| domain | founded_year | HQ Location |
Biodegradable plant-fiber packaging products are manufactured for sustainability.
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| domain | founded_year | HQ Location |
Sustainable bamboo-based alternatives to plastic products are manufactured.
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| domain | founded_year | HQ Location |
Paper bags, bowls, containers, trays, and packaging products are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of paper and packaging materials
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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 Cirkla
Frequently Asked Questions about Cirkla
When was Cirkla founded?
Cirkla was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Cirkla located?
Cirkla is headquartered in Lewes, United States. It is registered at Lewes, Delaware, United States.
Who is the current CEO of Cirkla?
Vaibhav Goel is the current CEO of Cirkla. They have also founded this company.
Is Cirkla a funded company?
Cirkla is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Sep 05, 2023.
How many employees does Cirkla have?
As of Jul 31, 2024, the latest employee count at Cirkla is 14.
What is the annual revenue of Cirkla?
Annual revenue of Cirkla is $783.7K as on Mar 31, 2024.
What does Cirkla do?
Providers of plant fiber-based packaging products. The company creates molded fiber solutions and supplies packaging products to brands. The company has developed multiple high-performance fiber packaging solutions, such as modified atmosphere packaging trays for meat, ready meal trays, dairy tubs, compostable coffee capsules, scoops, and more.
Who are the top competitors of Cirkla?
What products or services does Cirkla offer?
Cirkla offers MAP/VSP Trays, Meal Trays, Overwrap Trays, Dairy Tubs, and 4 more products and services.
Who are Cirkla's investors?
Cirkla has 2 investors. Key investors include Stellaris Venture Partners, and Z47.