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B2B SaaS Provider · Agency & Consultancy · vs · B2B SaaS Provider · MarTech Vendor

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SIRCLO vs VTEX

Structured technology and market comparison · 2026

Direct Feature Comparison

SIRCLO · vs · VTEX
Market Cluster / Sector
SIRCLOB2B SaaS Provider · Agency & Consultancy
VTEXB2B SaaS Provider · MarTech Vendor
Platform Focus
SIRCLO

Omnichannel commerce platform and services for Indonesian enterprise brands.

VTEX

Enterprise commerce platform with integrated retail media capabilities.

Company Size
SIRCLO1,001–5,000 employees
VTEX1,001–5,000 employees
Headquarters
SIRCLOID
VTEXBR
Year Founded
SIRCLO2013
VTEX2000
Dossier & Alternatives

Analyze all overlapping signals and tech stacks for SIRCLO and VTEX

Compare mutual enterprise clients, monetization models, live market signals, and partner networks directly in the interactive Knowledge Graph.

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Comparison Analysis

What is the main difference between SIRCLO and VTEX?

When comparing SIRCLO and VTEX, both platforms operate within the E-Commerce Platform, In-App, and B2B SaaS Provider ecosystem. SIRCLO is positioned as Omnichannel commerce platform and services for Indonesian enterprise brands, whereas VTEX focuses on Enterprise commerce platform with integrated retail media capabilities. Decision-makers evaluate both solutions when orchestrating their commercial monetization and technology stack.

What are the top alternatives to SIRCLO and VTEX?

When evaluating SIRCLO and VTEX, enterprise buyers also consider other platforms in E-Commerce Platform, In-App, and B2B SaaS Provider. You can discover the full competitive landscape and evaluate other alternatives by viewing their respective footprint profiles on Polaris7.

How do the corporate scale, structure, and headquarters of SIRCLO and VTEX compare?

SIRCLO is headquartered in ID (founded in 2013) with 1,001–5,000 employees. VTEX is based in BR (founded in 2000) with 1,001–5,000 employees. Complete ownership, subsidiary trees, and corporate affiliations are documented across Polaris7.

Market Signals

Recent Market Signals & Activity: SIRCLO vs VTEX

Documented market movements, strategic partnerships, product releases, and regulatory developments mapped across Polaris7.

SI

SIRCLO

Recent Signals

View all signals for SIRCLO →
VT

VTEX

Recent Signals

  • ·SEC APIfinancials

    6-K Financial Filing Analysis for VTEX (2026-08-06)

    VTEX reported strong financial and operational performance for the second quarter and six-month period ended June 30, 2026. For Q2 2026, total revenue expanded 9.5% year-over-year to $64.4 million (11.4% growth in subscription revenue), driven by GMV expanding 17.8% in USD (7.0% FX-neutral) to $5.7 billion. Net income surged to $10.0 million compared to $3.0 million in Q2 2025, buoyed by operational efficiencies from AI-driven automation in customer support and lower services costs as onboarding shifted toward partners. Gross margins expanded to 80.3% from 77.0% in Q2 2025. Operating cash flow rose sharply to $26.3 million for the first half of 2026, supported by robust discipline and continued Class A share repurchases of $32.9 million.

    • Q2 2026 total revenue reached $64.39 million, up 9.5% YoY, with subscription revenue contributing $63.80 million (99.1% of total).
    • Quarterly GMV rose 17.8% in USD (7.0% FX-neutral) to $5.70 billion, while gross margin expanded to 80.3% from 77.0% in Q2 2025.
    • Operating cash flow for H1 2026 reached $26.27 million compared to $13.95 million in H1 2025, while VTEX deployed $32.93 million into share repurchases.
  • ·Investor Relationsfinancials

    Investor Presentation Released: VTEX

    AI parsed presentation narrative: VTEX is positioning itself as the AI-native commerce backbone for enterprise brands, integrating commerce, ads, and customer experience into a single unified suite. Management's thesis focuses on driving measurable revenue impact and operating efficiency through an outcome-based business model where most revenue is tied to customer GMV growth. Key tailwinds mentioned: AI-Driven Efficiency, Multi-Product Expansion.

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Compare their exact ecosystem overlaps.

Explore all deep relationships in Polaris7. Discover exactly which mutual clients, integrated technologies, and overlapping partners SIRCLO and VTEX share across the market ecosystem.

Start for freeSIRCLO ProfileVTEX Profile