About Cirqle
Cirqle is a company based in Copenhagen (Denmark) founded in 2020.. Cirqle has raised $3.03 million across 1 funding round from investors including Danmarks Eksport- og Investeringsfond. The company has 1 employees as of November 30, 2024. Cirqle offers products and services including Reusable Packaging Service, Online Platform, and RFID Tracking. Cirqle operates in a competitive market with competitors including Packwise, is it fresh, Logistikbude, Tracworx and GreenBin, among others.
- Headquarter Copenhagen, Denmark
- Employees 1 as on 30 Nov, 2024
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cirqle R&D Aps
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Annual Revenue
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Net Profit
$-408.58 K (USD)-94as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$3.03 M (USD)
in 1 rounds
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Latest Funding Round
$3.03 M (USD), Series A
Dec 16, 2021
- Investors
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Employee Count
1
as on Nov 30, 2024
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Products & Services of Cirqle
Cirqle offers a comprehensive portfolio of products and services, including Reusable Packaging Service, Online Platform, and RFID Tracking. 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.
Manages reusable packaging to eliminate single-use waste and optimize logistics.
Platform for tracking and managing reusable packaging systems.
Uses RFID for monitoring packaging in supply chains.
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Funding Insights of Cirqle
Cirqle has successfully raised a total of $3.03M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.03 million completed in December 2021. 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 — $3.0M
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First Round
First Round
(16 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Cirqle | Valuation | Vaekstfonden |
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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 Cirqle
Cirqle has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Danmarks Eksport- og Investeringsfond. 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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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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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 Cirqle
| 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 - Cirqle
| 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 |
Cirqle Comparisons
Competitors of Cirqle
Cirqle 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 Packwise, is it fresh, Logistikbude, Tracworx and GreenBin, 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 |
Provides industrial packaging and reconditioners
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| domain | founded_year | HQ Location |
IoT-based packaging products are provided for supply chain tracking.
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| domain | founded_year | HQ Location |
Web-based load carrier management and tracking system is provided.
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| domain | founded_year | HQ Location |
Patient traceability solutions are provided for hospital operations management.
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| domain | founded_year | HQ Location |
Plastic waste sorting solutions are provided via a smartphone app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Cirqle
When was Cirqle founded?
Cirqle was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Cirqle located?
Cirqle is headquartered in Copenhagen, Denmark.
Is Cirqle a funded company?
Cirqle is a funded company, having raised a total of $3.03M across 1 funding round to date. The company's 1st funding round was a Series A of $3.03M, raised on Dec 16, 2021.
How many employees does Cirqle have?
As of Nov 30, 2024, the latest employee count at Cirqle is 1.
What does Cirqle do?
Cirqle was founded in 2020 and is based in Copenhagen, Denmark. Packaging products and services are supplied by the company to support operations in the food industry. Solutions are designed to address needs within food production and distribution. The domain cirqle.org is used for the companys digital operations. Focus is placed on practical packaging applications across the sector.
Who are the top competitors of Cirqle?
Cirqle's top competitors include Packwise, Tracworx and is it fresh.
What products or services does Cirqle offer?
Cirqle offers Reusable Packaging Service, Online Platform, and RFID Tracking.
Who are Cirqle's investors?
Cirqle has 1 investor. Key investors include Danmarks Eksport- og Investeringsfond.