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 as of December 31, 2017. Cringle operates in a competitive market with competitors including MoneyGram, CarePay, Cashcloud, VIMpay and Cookies App, among others.
- Headquarter Berlin, Germany
- Employees 15 as on 31 Dec, 2017
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cringle Gmbh
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.12 M (USD)
in 6 rounds
-
Latest Funding Round
$718.45 K (USD), Seed
Aug 22, 2017
-
Investors
TU Berlin
& 1 more
-
Employee Count
15
as on Dec 31, 2017
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 6
- Last Round Seed — $718,452
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Seed - Cringle | Valuation |
investors |
|
| Oct, 2016 | Amount | Seed - Cringle | Valuation |
investors |
|
| Aug, 2016 | Amount | Debt – Conventional - Cringle | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cringle
Cringle has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TU Berlin and M12. 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 |
|---|---|---|---|---|
|
Venture capital investments in technology startups are facilitated by M12.
|
Founded Year | Domain | Location | |
|
University offering multiple courses and degrees across diversified streams
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cringle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cringle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cringle Comparisons
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. 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 |
Cross-border payments are enabled via wallet solutions for consumers.
|
|
| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
|
|
| domain | founded_year | HQ Location |
Electronical wallet
|
|
| domain | founded_year | HQ Location |
Mobile app for payments, bank management, and subscriptions across devices.
|
|
| domain | founded_year | HQ Location |
Property information and housing recommendations are provided to users.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cringle
Frequently Asked Questions about Cringle
When was Cringle founded?
Cringle was founded in 2013.
Where is Cringle located?
Cringle is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Cringle a funded company?
Cringle is a funded company, having raised a total of $2.12M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $556.6K, raised on Jun 01, 2013.
How many employees does Cringle have?
As of Dec 31, 2017, the latest employee count at Cringle is 15.
What does Cringle do?
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.