About SIRCLO
SIRCLO is a company based in Tangerang (Indonesia) founded in 2013 by Brian Marshal and Andreas Thamrin.. SIRCLO has raised $132.5 million across 10 funding rounds from investors including Traveloka, Vertex Ventures SG and Saratoga. SIRCLO has completed 2 acquisitions, including Orami.co.id and Warung Pintar. SIRCLO offers products and services including SIRCLO Commerce, SIRCLO StreamLab, SIRCLO Cross Border, and SIRCLO Insights. SIRCLO operates in a competitive market with competitors including Bazaarvoice, Cart.com, Zubale, BigCommerce and Unicommerce, among others.
- Headquarter Tangerang, Indonesia
- Founders Brian Marshal, Andreas Thamrin
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$132.5 M (USD)
in 10 rounds
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Latest Funding Round
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Investors
Traveloka
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Orami.co.id
& 1 more
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Products & Services of SIRCLO
SIRCLO offers a comprehensive portfolio of products and services, including SIRCLO Commerce, SIRCLO StreamLab, SIRCLO Cross Border, and SIRCLO Insights. 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.
Offers streamlined e-commerce solutions for business growth.
Integrates live streaming for enhanced channel management.
Enables global brands to enter the Indonesian market.
Provides data-driven insights for e-commerce strategies.
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Finance and Accounting
29 people
Operations Team
26 people
Leadership Team
20 people
Software Development Team
6 people
Human Resources and Administration
4 people
Legal and Compliance
4 people
Sales and Marketing
3 people
Product Management Team
3 people
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Funding Insights of SIRCLO
SIRCLO has successfully raised a total of $132.5M across 10 strategic funding rounds. 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 10
- Last Round Last Round
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Debt – Conventional - SIRCLO | Valuation |
investors |
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| Jun, 2023 | Amount | Series C - SIRCLO | Valuation | Vertex Ventures |
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| Feb, 2023 | Amount | Series B - SIRCLO | Valuation | East Ventures , SMDV |
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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 SIRCLO
SIRCLO has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Traveloka, Vertex Ventures SG and Saratoga. 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 fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location | |
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Tech startups are invested in by SMDV venture capital 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 SIRCLO
SIRCLO has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Orami.co.id and Warung Pintar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Retail aggregator solutions are offered to local merchants in Indonesia.
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2017 | ||||
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Multi-category baby products are retailed online through Orami.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SIRCLO
| 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 |
Sirclo Comparisons
Competitors of SIRCLO
SIRCLO 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 Bazaarvoice, Cart.com, Zubale, BigCommerce and Unicommerce, 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 |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platform offering retail sales enablement and reward software
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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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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Latest news on Sirclo
Frequently Asked Questions about SIRCLO
When was SIRCLO founded?
SIRCLO was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is SIRCLO located?
SIRCLO is headquartered in Tangerang, Indonesia. It is registered at Tangerang, Banten, Indonesia.
Who is the current CEO of SIRCLO?
Brian Marshal is the current CEO of SIRCLO. They have also founded this company.
Is SIRCLO a funded company?
SIRCLO is a funded company, having raised a total of $132.5M across 10 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Mar 27, 2014.
What does SIRCLO do?
SIRCLO was founded in 2013 and is based in Tangerang, Indonesia. Software solutions for e-commerce operations are offered, including website building tools, storefronts, marketplaces, chatbots, and social commerce features. The company serves businesses in the digital retail sector by enabling online presence and transaction management across various platforms. Key leadership includes co-founders Brian Marshal and Andreas Thamrin, along with COO Danang Cahyono.
Who are the top competitors of SIRCLO?
SIRCLO's top competitors include Bazaarvoice, Global-e and Cart.com.
What products or services does SIRCLO offer?
SIRCLO offers SIRCLO Commerce, SIRCLO StreamLab, SIRCLO Cross Border, and SIRCLO Insights.
How many acquisitions has SIRCLO made?
SIRCLO has made 2 acquisitions, including Orami.co.id, and Warung Pintar.
Who are SIRCLO's investors?
SIRCLO has 10 investors. Key investors include Traveloka, Vertex Ventures SG, Saratoga, Sinar Mas Land, and Qverse.
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