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2025 Revenue

$18M

Customers

500

Funding

$16.3M

YOY

-11.9%

Avg ACV

$36K

Team

138

Founded

2017

How Circula CEO Roman Leicht grew to $18M revenue and 500 customers in 2025.

Circula is an automated app to manage expenses and employee benefits such as meal vouchers that saves about 70% process costs in accounting.

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Circula Revenue

In 2025, Circula's revenue reached $18M. The company previously reported $20.4M in 2024. Since its launch in 2017, Circula has shown consistent revenue growth.

Circula Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M201720182019202020212022202320242025$0$3M$13M$20M$18MSource: GetLatka.com
YearMilestoneQuote
2025Circula Hit $18m revenue in September 2025
2024Circula Hit $20.4m revenue in October 2024
2023Circula Hit $12.8m revenue in November 2023
2021Circula Hit $3.4m revenue in February 2021
2017Launched with $0 revenue

Circula Valuation, Funding Rounds

Circula has not publicly disclosed its valuation. The company has raised $16.3M in total funding to date.

Circula has raised $16.3M in total funding across 2 rounds, most recently a $11.2M Seed Round round in 2022.

Circula Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M201720182019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2022Seed Round$11.2M--
2021Seed Round$5.2M--

Founder / CEO

Roman Leicht

Roman Leicht is listed as Founder / CEO at Circula.

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Customers

Circula serves 500 customers.

Circula Employees & Team Size

Circula employs approximately 138 people as of 2026, down from 153 in 2024, including 11 sales reps that carry a quota. It serves 500 customers that rely on its solutions.

Circula Team GrowthReported headcount over time0408012016020020172018201920202021202220232024202500138138Source: GetLatka.com
YearMilestone
2025Reached 138 employees (September 2025)
2024Reached 153 employees (December 2024)
2024Reached 159 employees (October 2024)
2023Reached 131 employees (November 2023)
2022Reached 53 employees (November 2022)
2022Reached 53 employees (January 2022)
2021Reached 38 employees (November 2021)
2021Reached 38 employees (February 2021)

Frequently Asked Questions about Circula

What is Circula's revenue?

Circula generates $18M in revenue.

Who founded Circula?

Circula was founded by Roman Leicht.

Who is the CEO of Circula?

The CEO of Circula is Roman Leicht.

How much funding does Circula have?

Circula raised $16.3M.

How many employees does Circula have?

Circula has 138 employees.

Where is Circula headquarters?

Circula is headquartered in Berlin, Germany.

Compare Circula to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Circula Revenue 2025: $18M ARR, $16.3M Raised