Circle

About

Circle is a global internet finance company built on blockchain technology and powered by crypto assets.

Boston,Massachusetts,United States
501 - 1000
https://www.circle.com

Highlights

Details

Last Funding Type: Convertable Note
Last Funding Money Raised: $10M
Industries: Banking,Blockchain,Cryptocurrency,Financial Services,FinTech
Founded date: Jan 1, 2013
Number Of Employee: 501 - 1000
Operating Status: Active

Circle provides an online platform that enables users to send money quickly and easily. Circle uses blockchain technology with Circle Pay to ease and improve how users send money.

Circle expands its services with a crypto-currency investment product with Circle Invest, enabling anyone to buy and sell crypto assets. It provides crypto-coins and offer OTC trading services via Circle Trade. Its crypto-trading desk provides one of the largest global liquidity pools for digital asset trading and averages $2 billion in monthly volume.

Jeremy Allaire and Sean Neville founded Circle in 2013. $140 million from investors including Jim Breyer (Facebook), Goldman Sachs, IDG Capital (Baidu, Tencent), General Catalyst (AirBnB, Snapchat) and Accel Partners backs the company, with its headquarters in Boston, and branches in New York, San Francisco, Dublin, London, and Hong Kong.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$1.12B

Circle has raised a total of $1.12B in funding over 2 rounds. Their latest funding was raised on Dec 6, 2022 from a Convertable Note round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 6, 2022	Convertable Note	$10M	1	Alameda Research	—	Detail
Apr 12, 2022	Private Equity（PE）	$400M	4	—	—	Detail
Aug 21, 2021	Series A	—	1	—	—	Detail
May 29, 2021	Series Unknown	$440M	12	Intersection Fintech Ventures	—	Detail
Jul 30, 2020	Series Unknown	$25M	1	Digital Currency Group	—	Detail

Investments

Number of Investments

Number of Lead Investments

12

0

Circle has made 12 investments. Their most recent investment was on Nov 3, 2022, when WalletConnect raised $12.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 3, 2022 WalletConnect	Series Unknown	$12.50M	Cryptocurrency	—
Oct 31, 2022 Fluidity Money	Seed	$1.30M	Blockchain	—
Sep 22, 2022 Hyperlane	Seed	$18.50M	Blockchain	—
Sep 8, 2022 Slide	Seed	$12.30M	Apps	—
Jul 20, 2022 Optic	Seed	$11M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

7

44

Circle is funded by 44 investors. Alameda Research and Intersection Fintech Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Alameda Research	Yes	Convertable Note
Intersection Fintech Ventures	Yes	Series Unknown
Bitmain	Yes	Series E
Oak Investment Partners	Yes	Series B
BlackRock	—	Private Equity（PE）
Fidelity Management and Research Company	—	Private Equity（PE）
Fin Capital	—	Private Equity（PE）
Marshall Wace	—	Private Equity（PE）
Uday Kumar Bangalore Shivaraman	—	Series A
FTX	—	Series Unknown

Employee Profiles

Number of Employee Profiles

28

Circle has 28 current employee profiles, including Executive Sarah Lucas

Executive

Executive

Employee

Executive

Advisor

Acquisition

Circle has acquired 5 organizations. Their most recent acquisition was Trigger Finance on Oct 17, 2017. They acquired Trigger Finance for 0.

Date Company Name	Industry	Acquisition Type	Price
Oct 17, 2017 Trigger Finance	Apps	acquisition	—	Detail
Feb 26, 2018 Poloniex	Bitcoin	acquisition	—	Detail
Oct 5, 2018 SeedInvest	Association	acquisition	—	Detail
Jun 10, 2022 Cybavo	Bitcoin	acquisition	—	Detail
Sep 29, 2022 Elements	Payments	acquisition	—	Detail