Circula is a Berlin SaaS company, founded in 2018, that offers an AI-powered expense management platform to simplify expense processes for employees while improving accounting efficiency and compliance. Its product automates travel expenses, per diems, credit card transactions and employee benefits. The platform is used by more than 150,000 employees at European companies such as About You, DATEV and Securitas. Led by CEO Nikolai Skatchkov, Circula positions itself to increase operational efficiency for finance teams through automation. The company intends to use new capital to expand operations and consolidate its market position. Circula recently raised funding, reflecting ongoing investment in its growth and product evolution. Circula provides an intuitive, all-in-one B2B SaaS platform that combines travel and expense management, corporate credit cards, and employee benefits. The software is developed according to European tax standards and supports individualized, tax-compliant expense and travel reporting. The company initially launched in Spain last year and has expanded its product set to include a fully digital expense solution and company credit cards. Circula plans broader global expansion and will use the new funding to support entry into the Netherlands. The company was founded in 2017 by Nikolai Skatchkov and Roman Leicht and is based in Berlin. In September 2023 Circula closed a €12.0M Series A round. Circula provides a consolidated employee finance app for mid-sized and large companies that digitizes expense processing, corporate credit cards with real credit lines, cashback and real-time statements, and tax-compliant employee benefits. The platform targets meals, mobility and home office spend and emphasizes simplicity, automation and improved employee experience. Circula serves around 1,000 corporate customers, including DFL Deutsche Fußball Liga, Sportscheck, McMakler, Lilium and Ebner Stolz. The company tripled its revenue over the last twelve months and processed nearly half a million expenses in 2021 alone. Seventy percent of its customer base are professional services and established businesses, and Circula is positioning to capture SMBs and mid-sized non-tech companies across Europe. With the new funding it plans to further develop the product, scale hiring and expand into new European markets.

Total raised

$44M

Funding rounds

3

Latest round

Series A

Latest activity

May 2025