Companies · Fintech

Circular Inc.Winter 2022Active

CABA · Singapore · Fintech · refined from filed group “Other Technology · founded 2021 · https://www.nowcircular.com

Diligence memoA one-page analyst read on Circular Inc. — recommendation, valuation, rhythm, risks.
$1.4M
Total raised · real
1
Rounds
Latest step-up
Top 27%
Sector rank · raised
Seed
Latest stage · inferred · Wed Nov 17 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Circular Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.53× the median modeled value of Seed Fintech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.6 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

Circular Inc. is one of 1063 Fintech companies tracked from CABA, Singapore, on record since 2021. By capital raised it ranks in the upper tier (ahead of 74% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Subscription consumer electronics for Asia

Circular is accelerating the adoption of the circular economy by making subscriptions the best way to access and experience tech: from smartphones, laptops, and headphones to gaming, VR and wearables. Our customers get their hands on the best tech through low-cost, convenient subscriptions. They can pay monthly, keep it as long as they want, and if they love it, buy it. If they return it, we carefully refurbish it and pass it on to the next loving owner - radically extending its useful life.

ConsumerE-commerceFintechMarketplacegaming
Find Circular Inc. online

As reported in public records reported — not modeled.

SG
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
17
Investors (latest)
2019
Year incorporated
2021-11-17
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2021-11-17 Raised $1.4M (real) Modeled valuation $26M (est)$1.4M$26MSeed2021

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.4M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$25.6M
Base estimate est.
$1.2M
Conservative case
$138.4M
Upside case
$7.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 60% high
1.62×/yr
Annual markup
2.13×/yr upside case
4.6 yr
Elapsed time used
4.6 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.6 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.3× of median
This company$1.4M
Sector median$4.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.7× of median
This company$1.4M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$25.6M
Sector median$45.0M

Raised more than 74% of sector peers (real $). Modeled value above 78% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #30 of 34.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Paymob · Seed Raised $3.5M · modeled $116.7M (est)Alude Holdings Ltd. · Seed Raised $3.3M · modeled $110.6M (est)Stitch · Seed Raised $4.0M · modeled $102.5M (est)Chari · Seed Raised $5.0M · modeled $95.2M (est)Diool · Seed Raised $3.5M · modeled $89.7M (est)Planet42 · Seed Raised $2.4M · modeled $84.5M (est)Fan Payment Solutions LP · Seed Raised $2.1M · modeled $74.0M (est)Indicina, Inc. · Seed Raised $4.5M · modeled $73.6M (est)Kwara · Seed Raised $4.0M · modeled $70.0M (est)Workpay · Seed Raised $2.1M · modeled $69.8M (est)Allied Payment Network Inc. · Seed Raised $9.1M · modeled $65.9M (est)NowPay · Seed Raised $2.1M · modeled $64.5M (est)Circular Inc. (this company) Raised $1.4M · modeled $25.6M (est)Circular Inc.
CompanyStageRaised · realValue · estvs peer med.
PaymobSeed$3.5M$116.7M2.39×
Alude Holdings Ltd.Seed$3.3M$110.6M2.27×
StitchSeed$4.0M$102.5M2.10×
ChariSeed$5.0M$95.2M1.95×
DioolSeed$3.5M$89.7M1.84×
Planet42Seed$2.4M$84.5M1.73×
Fan Payment Solutions LPSeed$2.1M$74.0M1.52×
Indicina, Inc.Seed$4.5M$73.6M1.51×
KwaraSeed$4.0M$70.0M1.44×
WorkpaySeed$2.1M$69.8M1.43×
Allied Payment Network Inc.Seed$9.1M$65.9M1.35×
NowPaySeed$2.1M$64.5M1.32×
Circular Inc. this companySeed$1.4M$25.6M0.53×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.4M2021-11-17$7.1M$25.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.4M2021-11-17
    • First recorded raise — entered as Seed.
    • 17 investors on this round.
Intelligence
Modeled next raise
$2.3M
Modeled next size est.range $1.5M$3.6M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Andres Axel Augspach2021-11
Douglas Lee Albrecht2021-11
Fernando Lee Correa Urquiza2021-11
Marcos Axel Laffaye2021-11
Registry & provenance

Circular Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
SG
Jurisdiction
1897223
SEC CIK
2019
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Salus Financial Technology, Inc.FintechSeed$1.4M$10.2Msame sector · same stage
Careerist Inc.FintechSeed$1.4M$49.0Msame sector · same stage
Wealthramp, Inc.FintechSeed$1.4M$4.3Msame sector · same stage
Affinity Wealth Network IncFintechSeed$1.5M$31.4Msame sector · same stage
CredPalFintechSeed$1.5M$43.0Msame sector · same stage
Digital Payments Torana, Inc.FintechSeed$1.5M$44.0Msame sector · same stage
Wealthfeed, Inc.FintechSeed$1.5M$10.0Msame sector · same stage
AccrueFintechSeed$1.6M$6.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Circular Impact, Inc.Other TechnologyPre-Seed$3.8M79%
Circular Board, Inc.Other TechnologySeries A$31.4M77%
CircleIt Inc.Other TechnologySeries A$5.3M77%
CircleCo IncOther TechnologySeries B$467.7M76%
Circular Wave Drive Partners Inc.Other TechnologyPre-Seed$13.5M75%
Pluto.markets
Modern Investment Product for 100m underserved Europeans
Fintech74%
Float INC.
Supply chain finance for consumer brands
ComputersSeed$3.8M74%
Round2 Shop, Inc.Consumer / RetailSeries B$112.8M74%
Frequently asked
How much funding has Circular Inc. raised?
Circular Inc. has raised approximately $1.4M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Circular Inc.'s estimated valuation?
Provath's modeled valuation for Circular Inc. is approximately $25.6M (modeled range $1.2M–$138.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Circular Inc. at?
Circular Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Nov 17.
What does Circular Inc. do and where is it based?
Circular Inc. operates in the Fintech sector, based in CABA, Singapore. Subscription consumer electronics for Asia
Explore related

See where Circular Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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