About Cringle
Cringle is a company based in Berlin (Germany) founded in 2013. Cringle has raised $2.12 million across 6 funding rounds from investors including TU Berlin and M12. The company has 15 employees. Cringle operates in a competitive market with competitors including MoneyGram, CarePay, Cashcloud, VIMpay and Cookies App, among others.
- Headquarter Berlin, Germany
- Employees 15
- SectorsFinancial Services
- Website cringle.net
- Social LinkedIn X
- Legal Name Cringle Gmbh
- Total Equity Funding$2.12M (USD)
in 6 rounds
- Latest Funding Round$718.45K (USD), Seed
Aug 2017
- InvestorsTU Berlin
& 1 more
- Employee Count15
Funding Insights of Cringle
Cringle has successfully raised a total of $2.12M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $718.45 thousand completed in August 2017. 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 $2.12M
- Total Rounds 6
- Last Round Seed — $718,452
- Investors Count 2
All 6 funding rounds of Cringle 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 |
|---|---|---|---|---|---|
| Aug 2017 | $718,452 | Seed | – | – | – |
| Oct 2016 | $872,576 | Seed | – | – | – |
| Aug 2016 | $556,600 | Debt – Conventional | – | – | – |
| Jun 2016 | $527,050 | Angel Round | – | – | – |
| Nov 2013 | – | Seed | – | Microsoft Ventures | – |
| Jun 2013 | – | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Cringle
Cringle has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TU Berlin and M12.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups are facilitated by M12. | – | microsoftventures.com | - | |
University offering multiple courses and degrees across diversified streams | 1879 | tu.berlin | Berlin, Germany |
Investor details for Cringle
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.
Timeline of Cringle
3 dated milestones of Cringle across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Cringle is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $718K.
Competitors of Cringle
Cringle 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 MoneyGram, CarePay, Cashcloud, VIMpay and Cookies App, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| carepay.com | 2015 | Amsterdam, Netherlands | $61.81M | – | Provider of a health insurance platform for global insurers | |
| cashcloud.com | 2012 | Frankfurt, Germany | – | – | Electronical wallet | |
| vimpay.de | 2015 | Freising, Germany | – | – | Mobile app for payments, bank management, and subscriptions across devices. | |
| cookies-app.com | 2015 | Berlin, Germany | $1.6M | – | Property information and housing recommendations are provided to users. | |
| lendstar.io | 2013 | Starnberg, Germany | $806,935 | – | Manufacturer of custom plastic containers for various industries | |
| regionalhero.com | 2020 | Berlin, Germany | – | – | App-based payment and wallet services are provided for individuals. | |
| m-pax.de | 2013 | Berlin, Germany | $32,453 | – | A mobile payment app that enables users to earn loyalty points. |
Detailed competitors of Cringle
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.
Latest news on Cringle
Complete news archive for Cringle
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 Cringle
10 companies that operate in the same segment as Cringle (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Cringle
Cringle was founded in 2013.
Cringle is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Cringle is a funded company, having raised a total of $2.12M across 6 funding rounds to date.
Cringle has 15 employees.
Cringle was founded in 2013 in Berlin, Germany, as a provider of natural herbal supplements targeting gut health conditions. Formulas are offered to manage candida overgrowth, SIBO, IBS, and similar issues, incorporating anti-fungal, anti-bacterial, and anti-parasitic elements along with probiotics for gut support. A multivitamin addresses associated nutritional gaps. Various package options are available to accommodate different treatment needs and durations in the health supplements sector.
Cringle operates through Cringle Gmbh.