OverviewSuggest Edit
Circle is a global crypto finance company. It offers technology for storing and using money. The Company is building mobile apps aimed at enabling ease-of-use in online and in-person payments, with enhanced security and privacy, and global digital money transfers.
| Type | Private | |
| Founded | 2013 | |
| HQ | Boston, US | Map |
| Website | circle.com | |
| Employee Ratings | More |
Key People/Management at Circle
Jeremy Allaire
Founder, Chairman & Chief Executive Officer
Sean Neville
Co-Founder & President of Product and Operations
Josh Hawkins
VP, Marketing
Elisabeth Carpenter
Chief People Officer
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Circle Office Locations
Circle has offices in Boston, New York and London
Boston, US (HQ)
Boston, MA, USA
New York, US
New York, NY, USA
London, GB
256-260 Old St
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Circle Financials and Metrics
Summary Metrics
Founding Date | 2013 |
Circle total Funding | $246 m |
Time since last funding | 9 months ago |
Circle investors | China International Capital Corporation Alpha, Blockchain Capital, Digital Finance Group, Pantera Capital, General Catalyst Partners, Leonard Schrank, Fenbushi Capital, Michele Burns, Bitmain, Fenway Summer Ventures, Digital Currency Group, Glenn Hutchins, CreditEase, China Everbright Investment Management, Breyer Capital, Baidu, Goldman Sachs, Oak Investment Partners, Sam Palmisano, Jim Breyer, IDG Capital Partners, General Catalyst, CMT Digital Ventures LLC, Accel Partners, BoomStartup |
Circle's latest valuation is reported to be $3 b.
Circle Revenue
Circle's revenue was reported to be £501 in FY, 2017
| GBP | |
|---|---|
Revenue (FY, 2017) | 501.0 |
Gross profit (FY, 2017) | (179.8k) |
Gross profit margin (FY, 2017), % | (35884.4%) |
Net income (FY, 2017) | (7.9m) |
EBITDA (FY, 2017) | (8.0m) |
EBIT (FY, 2017) | (8.0m) |
Market valuation | 3.0b |
Cash (31-Dec-2017) | 7.5m |
| GBP | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Revenue | 7.8k | 501.0 | |
Cost of goods sold | 46.0k | 180.3k | |
Gross profit | (38.2k) | (179.8k) | |
Gross profit Margin, % | (492%) | (35884%) |
| GBP | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 4.5m | 7.5m | |
Accounts Receivable | 70.4k | 852.2k | |
Current Assets | 1.5m | 5.7m | 11.6m |
Total Assets | 1.5m | 5.7m | 11.6m |
| GBP | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | (104.5k) | (2.0m) | (7.9m) |
Cash From Operating Activities | (1.5m) | (226.5k) | (5.8m) |
Cash From Investing Activities | |||
Cash From Financing Activities | 1.5m | 4.4m | 8.7m |
| GBP | Y, 2017 |
|---|---|
Revenue/Employee | 1.9 |
Financial Leverage | 2.5 x |
Circle Operating Metrics
Circle's Monthly Active Users was reported to be 7 m in Apr, 2018.
| Apr, 2018 | |
|---|---|
Monthly Active Users | 7 m |
Circle Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| SeedInvest | October 05, 2018 | |
| Poloniex | February 27, 2018 | $400 m |
| Trigger Finance | October 17, 2017 |
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Circle Online and Social Media Presence
44.53k Twitter followers
Circle has 44.53k Twitter Followers. The number of followers has increased 1.9% month over month and increased 6.8% quarter over quarter
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Twitter Engagement Stats for @circlepay
1.8k
Tweets
223
Following
44.5k
Followers
27
Tweets last 30 days
22.1
Avg. likes per Tweet
100%
Tweets with engagement
Circle Blogs
March 18, 2019
USDC Reserve Attestation Report from Grant Thornton LLP - February 2019
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of February 28, 2019 at 11:59 PM UTC:
USD Coin (“USDC”) tokens issued and outstanding = 236,917,932 USDC
US Dollars held in
March 15, 2019
Poloniex enables Grin withdrawals, donates to Grin General Fund
Poloniex has enabled withdrawals for Grin and made its first monthly donation of 1.27864 BTC to the Grin General Fund.
Grin is a community-driven cryptocurrency focused on privacy and scalability that leverages the MimbleWimble protocol. Poloniex was one of the earliest exchanges to list Grin, in …
March 14, 2019
Poloniex welcomes Cosmos, enables preview and redemption of ICO Atoms
We are excited to welcome Cosmos to the Poloniex family and to be the only exchange to allow Cosmos ICO participants to preview and claim their Atoms’ balance.
Cosmos aims to create a network of blockchains all capable of interacting with one another through a consensus engine called Tendermint Cor…
March 13, 2019
A faster Poloniex, by the numbers
Poloniex has completed a major systems upgrade that has enhanced performance across wallet functionality, trade execution speeds and overall latency. Customers are now experiencing a dramatically faster exchange and we wanted to take the time to highlight the benefit of these recent efficiencies.
…
March 11, 2019
Poloniex "HOW TO" Video Series
As part of our continuous effort to make trading crypto as frictionless as possible, today we’ve launched a series of HOW TO videos to help new customers navigate and understand Poloniex.
The three videos are available on our Youtube page (see here) and cover the following topics:
“How To
March 05, 2019
Poloniex reduces trading fees and streamlines fee structure
Effective March 6th at 00:00 UTC, we are reducing trading fees for more than 99% of our customers (based on historical volume data) and streamlining—from 11 to 3—our trading tiers. These changes make trading fees on Poloniex among the lowest of U.S. exchanges.
You can see
Circle Frequently Asked Questions
When was Circle founded?
Circle was founded in 2013.
Who are Circle key executives?
Circle's key executives are Jeremy Allaire, Sean Neville and Josh Hawkins.
How many employees does Circle have?
Circle has 438 employees.
What is Circle revenue?
Latest Circle annual revenue is £501 .
What is Circle revenue per employee?
Latest Circle revenue per employee is £1 .
Who are Circle competitors?
Competitors of Circle include Remitly, Coinbase and Blockchain.
Where is Circle headquarters?
Circle headquarters is located at Boston, MA, USA, Boston.
Where are Circle offices?
Circle has offices in Boston, New York and London.
How many offices does Circle have?
Circle has 3 offices.