Circular IQ

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January 27, 2024
Data is self reported

Circular IQ

Materials Accounting software to set & monitor circularity impact based on the most recognized global standard

Achievement

Lowered churn by 50%

Founded in

2016

Country

Netherlands

Industry

Climate, Fashion, Hardware, Industry, Materials, Saas

SDGs

Clean water and sanitation (SDG #6), Affordable and clean energy (SDG #7), "Industry, innovation and infrastructure (SDG #9)", Sustainable cities and communities (SDG #11), Climate action (SDG #13), Life below water (SDG #14), Life on land (SDG #15), Partnerships for the goals (SDG #17)

Patent information

Team

Number of founders

€20K - €40K

Number of employees

No

Founder backgrounds

McKinsey, Stripe

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

No

In the news

Investment details

Amount raising

1200000

Ownership founders

50-59% owned by founders

Lead investor

Current investors

1000000

Intended closing date

Q2 2024

Fundraising status

Already committed

0

Revenue Metrics

Monthly revenue

€20K - €40K

Monthly growth

8-12%

Paying customers

30

Monthly active users

Circular IQ

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Materials Accounting software to set & monitor circularity impact based on the most recognized global standard
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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OTHER

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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€20K - €40K
Growth rate month over month
8-12%
Monthly revenue context
Saas > charged yearly
Number of paying customers
30
Monthly active users

INVESTMENTS

Do you have a lead investor?
How much have you raised in the past?
1000000
How much of this round already committed?
0
When are you aiming to close this round?
Q2 2024

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
50-59% owned by founders
Is there a women founder with at least 5% of the shares?
No
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Founder graduated from TU Delft, EUR or Erasmus MC
Graduation year from EUR, Erasmus MC or TUDelft
2006

OTHER

Year founded
2016
Patent status

Basic details

Amount raising
1200000
Country
Netherlands
Industry
Climate, Fashion, Hardware, Industry, Materials, Saas
Website
http://circular-iq.com
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
January 27, 2024

Key Achievements

  • Lowered churn by 50%
  • Increased the revenue per customer with 50%

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