Circle

Circle is a peer-to-peer payments technology company that is building products which enables greater ease-of-use in online and in-person payments. The company is dedicated to helping people and institutions create and share value globally.

Circle's mobile payment platform, Circle Pay, allows users to hold, send, and receive traditional fiat currencies.

Circle was founded in October 2013 by Jeremy Allaire and Sean Neville. The company is headquartered in Boston, Massachusetts with offices in New York, San Francisco, Dublin, London and Hong Kong.

Circle is a consumer finance company focused on transforming the world economy with secure, simple, and less costly technology for storing and using money. The company is built on blockchain technology, powered by crypto assets, and dedicated to helping people everywhere create and share value.

The Circle app offers a ‘Club500’ scheme targeted at university clubs and societies was voted in the top 10 applications to save students money.

 

Circle is backed by top tier investors including Jim Breyer (Facebook), Goldman Sachs, IDG Capital (Baidu, Tencent), General Catalyst (AirBnB, Snapchat) and Accel Partners.

 

Circle was valued at a whooping $3B, in it's "Series E" fund raising event on May 15, 2018, where they secured $110M.

 

 

  • Year founded: 2013
  • Funding Info: $246M in 5 Funding Rounds (Last Funding Type: Series E)- Circle has also acquired Trigger Finance & SeedInvest to date.
  • Yearly Revenue: $300M-$500M (2018)
  • Employee Size: 201-500
  • Business Valuation: Valued at $3B as of May 15, 2018
  • City/Town: Boston
  • State: Massachusetts
  • Country: United States
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