About hey circle
hey circle is a company based in Munchen (Germany) founded in 2021 by Morris Kurz and Doris Diebold.. hey circle has raised $1.64 million across 1 funding round from investors including Gateway Ventures, capacura and CK Venture Capital. hey circle offers products and services including Reusable Boxes and Software. hey circle operates in a competitive market with competitors including Hipli, Boomerang, RePack, Returnity and LimeLoop, among others.
- Headquarter Munchen, Germany
- Founders Morris Kurz, Doris Diebold
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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 Hey Circle Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.64 M (USD)
in 1 rounds
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Latest Funding Round
$1.64 M (USD), Seed
Jan 15, 2024
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Investors
Gateway Ventures
& 4 more
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Employee Count
Employee Count
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Products & Services of hey circle
hey circle offers a comprehensive portfolio of products and services, including Reusable Boxes and Software. 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.
Boxes for multiple-use shipping to minimize waste and costs
Tracking system for managing reusable packaging in online shops
Funding Insights of hey circle
hey circle has successfully raised a total of $1.64M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.64 million completed in January 2024. 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 — $1.6M
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First Round
First Round
(15 Jan 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - hey circle | Valuation | Capacura |
| 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 hey circle
hey circle has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Gateway Ventures, capacura and CK Venture Capital. 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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Investment in sustainable impact startups is enabled by capacura.
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Founded Year | Domain | Location | |
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Investments are made in startups for a sustainable future.
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Founded Year | Domain | Location | |
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A pan-European investment club for business angels and investors.
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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 hey circle
| 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 - hey circle
| 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 |
Hey Circle Comparisons
Competitors of hey circle
hey circle 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 Hipli, Boomerang, RePack, Returnity and LimeLoop, 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 |
Platform offering reusable packaging products for businesses
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| domain | founded_year | HQ Location |
Reusable packaging solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Reusable packaging solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Reusable packaging for ecommerce is manufactured via contract services.
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| domain | founded_year | HQ Location |
Trackable reusable shippers are offered for e-commerce deliveries.
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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 hey circle
When was hey circle founded?
hey circle was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is hey circle located?
hey circle is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of hey circle?
Doris Diebold is the current CEO of hey circle. They have also founded this company.
Is hey circle a funded company?
hey circle is a funded company, having raised a total of $1.64M across 1 funding round to date. The company's 1st funding round was a Seed of $1.64M, raised on Jan 15, 2024.
What does hey circle do?
Founded in 2021 in Munich, Germany, reusable packaging systems and tracking software for e-commerce operations are offered. Reusable boxes and bags are supplied to online retailers, supporting closed-loop returns that integrate with product shipments to cut waste and emissions. Inventory management and package tracking features are included, with seamless compatibility to major e-commerce platforms ensured across European markets.
Who are the top competitors of hey circle?
What products or services does hey circle offer?
hey circle offers Reusable Boxes and Software.
Who are hey circle's investors?
hey circle has 5 investors. Key investors include Gateway Ventures, capacura, CK Venture Capital, European Super Angels Club, and Brangs + Heinrich.