Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide.
Circle helps businesses and developers harness the power of stablecoins for payments and internet commerce worldwide.
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's transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through the frictionless exchange of financial value.
Circle is the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies powering always-on internet-native commerce and payments. Additionally, Circle operates SeedInvest, a leading startup fundraising platform in the U.S.
Circle's platform has supported over 100 million transactions worth tens of billions of dollars, with nearly 10 million retail customers, over a thousand businesses. Its USDC now stands at more than 41 billion and has supported about $1.4 trillion in transactions over the past year.
Circle is backed by Fidelity, Goldman Sachs, BlackRock, IDG Capital, General Catalyst, Accel, Digital Currency Group, FTX, Breyer Capital, Marshall Wace, Fin Capital, and others. The company raised $400M in a new round on Apr 12, 2022. This brings Circle's total funding to $1.1B to date. The latest round valued the company at a $7.7B post-money. Circle was last valued at $3B from a Series E raised in May 2018.