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Circula - About the company

Circula is an acquired company based in Berlin (Germany), founded in 2017 by Roman Leicht. It operates as a Provider of automated software for expense and travel management solutions. Circula has raised $48.4M in funding from investors like Capnamic Ventures, Peak and neosfer. The company has 385 active competitors, including 68 funded and 68 that have exited. Its top competitors include companies like Ramp, Navan and Pleo.

Company Details

Provider of automated software for expense and travel management solutions. The software offers tools for managing employee expenses, company credit cards, and employee benefits. It provides solutions for various company sizes and roles, including finance, accounting, and human resources. The software integrates with existing enterprise resource planning, accounting, and human resources systems.
Social
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Email ID
*****@circula.com
Key Metrics
Founded Year
2017
Location
Berlin, Germany
Stage
Acquired
Total Funding
$48.4M in 5 rounds
Ranked
Employee Count
126 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Personio (Oct 06, 2026)

Circula's acquisition details

Circula got acquired by Personio on Oct 06, 2026.
Click here to take a look at Circula's acquisition in detail
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Circula's funding and investors

Circula has raised a total funding of $48.4M over 5 rounds. Its first funding round was on Apr 03, 2019. Its latest funding round was a Series B round on May 07, 2025 for €*****. 6 investors participated in its latest round. Circula has 9 institutional investors.

Here is the list of recent funding rounds of Circula:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 07, 2025
3521041
Series B
3829833
6027564
5399772
1482051
Sep 12, 2023
6541919
Series A
2604557
5774819
4411403
Jan 31, 2022
9468478
Series A
5941144
7971849
9952893
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Circula's founders and board of directors

Founder? Claim Profile
The founders of Circula is Roman Leicht.
Here are the details of Circula's key team members:

Circula's employee count trend

Circula has 126 employees as of Sep 26. Here is Circula's employee count trend over the years:
Employee count trend for Circula
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Circula's Competitors and alternates

Top competitors of Circula include Ramp, Navan and Pleo. Here is the list of Top 10 competitors of Circula, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ramp
Ramp
2019, New York City (United States), Series F
Provider of a platform for spend management, corporate cards, and payables
$3.22B
84/100
2nd
Logo for Navan
Navan
2015, Palo Alto (United States), Public
Provider of a platform for business travel and expense management
$1.58B
80/100
3rd
Logo for Pleo
Pleo
2015, Copenhagen (Denmark), Series C
Provider of spend management platform with virtual and physical card options
$434M
80/100
4th
Logo for Brex
Brex
2017, San Francisco (United States), Acquired
Provider of financial software platform, cards, banking, expense, and accounting
$1.2B
79/100
5th
Logo for Spendesk
Spendesk
2016, Paris (France), Series C
Provider of software for managing corporate spending and invoice processing
$304M
77/100
6th
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Provider of software for managing corporate travel and expense reporting
$7.5M
76/100
7th
Logo for Marqeta
Marqeta
2010, Oakland (United States), Public
Provider of a platform for modern card issuing and payment solutions
$528M
75/100
8th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
9th
Logo for Expensify
Expensify
2008, San Francisco (United States), Public
Provider of expense management software, corporate cards, and travel booking
$27.8M
74/100
10th
Logo for Jeeves
Jeeves
2019, New York City (United States), Series C
Digital company offering payment and corporate financial cards
$380M
72/100
33rd
Logo for Circula
Circula
2017, Berlin (Germany), Acquired
Provider of automated software for expense and travel management solutions
$48.4M
69/100
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Circula's Investments and acquisitions

Circula has made no investments or acquisitions yet.

Reports related to Circula

Here is the latest report on Circula's sector:

News related to Circula

lockFilter this list
Media has covered Circula for 1 event in last 1 year.
•
Travel cost start-up Circula overcomes crisis and raises millionsBusiness Insider Deutschland•Feb 05, 2021•Circula
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