Berlin \u2014 Circula GmbH (www.circula.com) successfully closed a EUR 12 million Series A finan\u00adcing round. The VC fund Alstin Capi\u00adtal, which is backed by entre\u00adpre\u00adneur Cars\u00adten Maschmeyer, as well as the VC funds Peak (Nether\u00adlands) and Storm Ventures (USA) joined the finan\u00adcing round. Invest\u00adments were also made by exis\u00adting share\u00adhol\u00adders, inclu\u00adding Capna\u00admic, WenVest Capi\u00adtal and Personio.<\/p>\n
The Berlin-based soft\u00adware-as-a-service fintech is the first to combine fully digi\u00adtal employee expense reports, digi\u00adtal employee bene\u00adfits and a smart corpo\u00adrate credit card into one product.<\/p>\n
Circula is deve\u00adlo\u00adping a compre\u00adhen\u00adsive Employee Finance App that allows employees to digi\u00adtally process expen\u00adses, such as out-of-pocket expen\u00adses and travel expen\u00adses, and employee bene\u00adfits in a tax-compli\u00adant manner. In addi\u00adtion, employees receive corpo\u00adrate credit cards with real credit lines, cash backs and real-time state\u00adments that are fully inte\u00adgra\u00adted with Circula work\u00adflows. Circula soft\u00adware is opti\u00admi\u00adzed for seam\u00adless inte\u00adgra\u00adtion into accoun\u00adting proces\u00adses and complies with Euro\u00adpean tax standards.<\/p>\n
Thanks to the conti\u00adnuous expan\u00adsion of the product, the start-up run by the two foun\u00adders Niko\u00adlai Skatch\u00adkov and Roman Leicht has recently been able to signi\u00adfi\u00adcantly increase its custo\u00admer and reve\u00adnue base. Circu\u00adla\u2019s appro\u00adxi\u00adm\u00adately 1,000 custo\u00admers include Ebner Stolz, DFL, McMak\u00adler, Infarm and Orthomol.<\/p>\n
Consul\u00adtant Circula : LUTZ | ABEL<\/strong> Berlin \u2014 Circula GmbH (www.circula.com) successfully closed a EUR 12 million Series A finan\u00adcing round. The VC fund Alstin Capi\u00adtal, which is backed by entre\u00adpre\u00adneur Cars\u00adten Maschmeyer, as well as the VC funds Peak (Nether\u00adlands) and Storm Ventures (USA) joined the finan\u00adcing round. Invest\u00adments were also made by exis\u00adting share\u00adhol\u00adders, inclu\u00adding Capna\u00admic, WenVest Capi\u00adtal and [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39376,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1369,1372,1373,1377],"tags":[],"class_list":["post-40146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-investors","category-consultant","category-venture-capital-en","category-corporate-finance-ma"],"yoast_head":"\n
\nThe team consis\u00adted of Dr. Lorenz Jelling\u00adhaus, photo \u00a9 LUTZ <\/strong>| ABEL (lead), Constanze Hach\u00admann and Maxi\u00admi\u00adlian Franz (all VC, Hamburg).<\/p>\n","protected":false},"excerpt":{"rendered":"