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Circolife raises $4.5M in Pre-Series A funding led by Bharat Jaisinghani to expand its Cooling-as-a-Service platform nationwide.

PRIVATESep 08, 2026about 3 hours ago

Amount Raised

$4.5 Million

Round Type

Series A

MumbaiEnergyArtificial Intelligence

Investors

Vyom WealthS N DamaniRohit DevSky Impact CapitalAnant GoenkaAnand LadsariyaSiddharth LadsariyaSumit JalanIntelliquity VenturesNitish MittersainBharat Jaisinghani

Description

Circolife, a Cooling-as-a-Service startup, has secured $4.5 million in Pre-Series A funding to support its nationwide expansion. The round was led by Bharat Jaisinghani, Joint Managing Director of Polycab India Limited, with participation from investors including Nitish Mittersain, Intelliquity Ventures, and Sky Impact Capital. The company operates a subscription-based model allowing businesses to access air conditioning systems without purchasing equipment. Circolife plans to invest in AI-driven capabilities and advanced sensor technologies to optimize cooling performance and energy efficiency.

Company Information

Company

Circolife

Location

Mumbai, Maharashtra, India

About

Circolife is a Cooling-as-a-Service (CaaS) startup that offers subscription-based air conditioning solutions for businesses. The company allows enterprises to install AC systems and pay a recurring monthly fee instead of purchasing and maintaining equipment. Circolife leverages AI-driven capabilities and advanced sensor technologies to optimize cooling performance and energy efficiency across its fleet.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Circolife raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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