Fundz

CirclePe raises close to $1 Mn in a pre-seed round led by OTP Ventures

PRIVATEMay 27, 2024

Amount Raised

$1 Million

Round Type

Pre-Seed

GurgaonReal EstateLending

Investors

Bharat PeUni CardsOyo1947 RiseI SeedIIT DelhiVenture CatalystOf BusinessOTP Ventures

Description

Fintech startup CirclePe has raised close to $1 million in its pre-seed round led by OTP Ventures, with participation from 1947 Rise, iSeed, IIT Delhi, Venture Catalyst, and founders and CXOs from OfBusiness, BharatPe, Uni Cards, OYO, and others. The funding will be used to disrupt the traditional rental value chain by eliminating security deposits for tenants and unlocking capital for landlords and co-living operators.

Quick answer

CirclePe raised $1 Million in a Pre-Seed round, dated May 27, 2024. Investors: Bharat Pe, Uni Cards, Oyo, 1947 Rise, I Seed, IIT Delhi, Venture Catalyst and Of Business. CirclePe is based in Gurgaon, Haryana, India.

How much did CirclePe raise?
CirclePe raised $1 Million in a Pre-Seed round on May 27, 2024.
Who invested in CirclePe?
Bharat Pe, Uni Cards, Oyo, 1947 Rise, I Seed, IIT Delhi, Venture Catalyst and Of Business are named as investors in this round.
What does CirclePe do?
Fintech startup CirclePe has developed a 'Smart Renting' solution that allows credit-worthy tenants to move in without paying a security deposit, partnering with major proptechs to enable this feature for independent..
Where is CirclePe based and how big is it?
CirclePe is based in Gurgaon, Haryana, India.
Who are the decision-makers at CirclePe?
Fundz holds 1 contact at CirclePe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Lending around the same time

Companies in the same sectors as CirclePe that raised within 45 days of this round, from Fundz verified event records.

  • Jugyah raised $1.5M (Seed) on July 11, 2024.
  • Earned Wealth raised $200M (Funding Round) on July 11, 2024.
  • Switchee raised $6.5M (Private Equity) on July 10, 2024.
  • MetaWealth raised $2.2M (Pre-Series A) on July 9, 2024.
  • Idle raised $2.4M (Funding Round) on July 9, 2024.
  • Netevia raised $120M (Debt Financing) on July 8, 2024.

Who to call at CirclePe, and when

A new round usually means CirclePe is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CirclePe raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at CirclePe, from your own LinkedIn network

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Company Information

Company

CirclePe

Location

Gurgaon, Haryana, India

About

Fintech startup CirclePe has developed a 'Smart Renting' solution that allows credit-worthy tenants to move in without paying a security deposit, partnering with major proptechs to enable this feature for independent retail landlords and co-living operators.

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Fundz sees it the moment CirclePe raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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