News provider Bloomberg Businessweek said companies on CircleUp will be put in front of P&G executives.

Procter & Gamble (P&G), a US-listed fast-moving consumer goods company, is reportedly teaming up with CircleUp, a local crowdfunding website for consumer brands.

News provider Bloomberg Businessweek said companies on CircleUp will be put in front of P&G executives.

Ryan Caldbeck, chief executive of CircleUp, told Bloomberg that most of the companies on its platform have $1m to $10m in annual sales and are working to raise about $1m from individual investors.