Foto: Sander van de Rijdt (Mitgründer PlanRadar), Eric Weisz (CEO Circly) und Jürgen Milde-Ennöckl (Lead Investor tecnet)

Circly wins PlanRadar founder as investor

St. Pölten, 26 November 2024 - GreenTech startup Circly, which was founded in St. Pölten in 2021 and specializes in the development and operation of an AI-supported planning tool for production and trade, has received a six-figure investment in the form of a convertible loan from PlanRadar founders Ibrahim Imam and Sander van de Rijdt.

St. Pölten, 26 November 2024 - GreenTech startup Circly, which was founded in St. Pölten in 2021 and specializes in the development and operation of an AI-supported planning tool for production and trade, has received a six-figure investment in the form of a convertible loan from PlanRadar founders Ibrahim Imam and Sander van de Rijdt. At the same time, Sander van de Rijdt is appointed as a new member of the Circly board.

The company, led by Eric Weisz (CEO), Armin Kirchknopf (CTO) and Maximilian Reiter (CXO), is thus pursuing the goal of significantly accelerating its sales internationalization and technological development in order to meet the growing global demand for more efficient and sustainable planning solutions.

With its self-learning sales forecasting software, the start-up supports retailers in reducing resource and food waste, managing stock levels more precisely and meeting customer needs even better. Previous customers include well-known companies from Germany, the Netherlands and Austria such as Refresco, Egger Getränke, Nah&Frisch and the food wholesaler Kastner, to name but a few.

The decision to expand the Board is in line with a long-term growth strategy, as CEO Eric Weisz explains: “Our aim is to take the next steps towards international expansion and technology leadership. With Sander van de Rijdt, we now have an experienced strategic partner on the Board who shares our vision and brings valuable experience in international growth. With his expertise, we will be able to make the benefits of our solution accessible to a global clientele.”

Sander van de Rijdt on his appointment to the Board: “The Circly team impressed us with their commitment to sustainability and innovation. The unique combination of AI and practical industry solutions meets a rapidly growing demand in the international market. Our goal is to support Circly in expanding its reach and customer base globally.”

In recent years, Circly has acquired numerous renowned customers from various industries who use the platform to precisely determine their requirements. In addition to lead investor tecnet equity, Axel Greiner, Tyrolean Business Angel, Reventura and Max Schnödl are also involved.

About Circly

Circly was founded in 2021 as an idea to use artificial intelligence to combat inefficiency and waste of resources. With each new customer, the need to make this technology easily and effectively accessible became increasingly apparent. Therefore, the development focus was on a solution that complements existing systems rather than replacing them. The aim was to avoid lengthy projects on the client side and to deliver fast, practical results. The initial team of three people has now grown to 17. Circly is now a place for creative and talented minds committed to the vision of AI accessibility.

Press contact: Thomas Reiter, Reiter PR, +43 676 66 88 611, thomas.reiter@reiterpr.com

Foto: Sander van de Rijdt (Mitgründer PlanRadar), Eric Weisz (CEO Circly) und Jürgen Milde-Ennöckl (Lead Investor tecnet)

Sander van de Rijdt (Co-founder PlanRadar), Eric Weisz (CEO Circly) and Jürgen Milde-Ennöckl (Lead Investor tecnet),
Photos: copyright Propcorn FlexCo