Circular Now Analysis
What is Circular Now?
Circular is a tech subscription service founded in 2021 and based in Singapore. It lets customers subscribe to devices from major brands instead of buying them outright, with returns routed for refurbishment or recycling. The company also sells a business offering for startups and SMEs in Singapore and Australia.
Location
160 Robinson Road, #14-04, Singapore 068914
Employees
11-50
Founded
2021
Revenue
$0-24.5K
Company Stage
Seed
Investors
- Helicap
- January Capital
YC Batch
W22
Product Features & Capabilities
- Tech subscription service, access to latest tech devices, budget-friendly monthly payments, options to upgrade, extend, or return devices, tailored solutions for businesses, sustainability-focused approach, refurbishment and recycling of old devices.
Business Model
Subscription model generating revenue through monthly payments, promoting sustainability and device sharing.
Market Focus
Circular Now primarily focuses on the technology subscription service industry, promoting a circular economy and sustainable consumption through budget-friendly access to the latest technology from top brands.
Competitors Overview
The main competitors of Circular Now in the tech subscription service market include:
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Grover: Grover offers a subscription service for tech devices, allowing customers to rent electronics like smartphones, laptops, and gaming consoles. Their advantage lies in a wide selection of devices and flexible rental terms, catering to a diverse customer base.
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Athena Alliance: This company focuses on providing subscription-based access to high-end technology products. Athena Alliance differentiates itself by targeting business customers, offering tailored solutions for corporate needs, which may include bulk subscriptions and specialized customer support.
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Sasom: Sasom provides a similar subscription model for tech devices, emphasizing affordability and sustainability. Their notable advantage is a strong focus on eco-friendly practices, appealing to environmentally conscious consumers.
These competitors operate within the same market as Circular Now, promoting a circular economy through device sharing and reducing electronic waste.
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