Circula

Berlin, Germany · Founded 2016 · Privately Held (backing)

Developer of an employee expense management platform designed to digitize and simplify individualized and travel expenses. Circula is based in Berlin, Germany and was founded in 2016. Its last reported valuation was $12.4 million in Feb 2021. It has raised $39 million.

Last reported valuation
$12.4M
Oct 2026
Priced at
—
Total raised
$39.0M
Last round
—
What is Circula worth?
$12.4Mlast reported valuation · Oct 2026

Circula's last reported valuation, Feb 2021. Nothing priced has surfaced since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Circula funding history

No rounds on record

No funding rounds for Circula are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Circula valuation

Circula's last reported valuation was $12.4 million in Feb 2021. No priced round, secondary trade or fund mark has surfaced since.

How Circula's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Circula, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by last reported valuation. Question about this number? Full methodology →

Frequently asked about Circula

What is Circula worth?
Circula is valued at $12.4M as of Oct 2026. Circula's last reported valuation, Feb 2021. Nothing priced has surfaced since.
How much has Circula raised?
Circula has raised $39.0M in total funding across its recorded rounds.