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.

TypePrivate
Founded2013
HQBoston, MA, US
Websitecircle.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Jan 2021)191(+3%)
Revenue (FY, 2017)£501 (-93%)
Cybersecurity ratingAMore

Key People/Management at Circle

Carlos Domingo

Carlos Domingo

CEO and Co-Founder
Michael Carpentier

Michael Carpentier

CEO and Co-Founder
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Circle Office Locations

Circle has offices in Boston and New York
Boston, MA, US (HQ)
Boston, MA, USA
New York, NY, US
New York, NY, USA
Show all (2)

Circle Financials and Metrics

Summary Metrics

Founding Date

2013

Circle total Funding

$271 m

Circle latest funding size

$25 m

Time since last funding

6 months ago

Circle investors

Circle's latest funding round in July 2020 was reported to be $25 m. In total, Circle has raised $271 m. Circle's latest valuation is reported to be $3 b.
View all funding rounds

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-2018)

5.6m

EV

3.0b
GBPFY, 2015FY, 2016FY, 2017

Revenue

7.8k501.0

Cost of goods sold

46.0k180.3k

Gross profit

(38.2k)(179.8k)

Gross profit Margin, %

(492%)(35884%)
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Cash

4.5m7.5m5.6m

Accounts Receivable

70.4k852.2k675.2k

Current Assets

1.5m5.7m11.6m14.3m

PP&E

5.7k
GBPFY, 2015FY, 2016FY, 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

1.5m4.4m8.7m
GBPFY, 2015

Financial Leverage

1.1 x
Show all financial metrics

Circle Operating Metrics

Circle's Monthly Active Users was reported to be 7 m in Apr, 2018.
Apr, 2018

Monthly Active Users

7 m
Show all operating metrics

Circle Acquisitions / Subsidiaries

Company NameDateDeal Size
SeedInvestOctober 05, 2018
PoloniexFebruary 27, 2018$400 m
Trigger FinanceOctober 17, 2017

Circle Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Circle Online and Social Media Presence

Embed Graph

Circle Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A

    85/100

Learn more on Comparably

Circle Blogs

Event Recap: How Digital Dollars are Transforming the Financial Sector (Video)

Watch Aite Group's senior analyst Talie Baker and Circle CEO and co-founder Jeremy Allaire on The Stablecoin Opportunity for Banking & Payments: How Digital Dollars and Transforming the Financial Sector

ICYMI: Jeremy Allaire Talks Proposed FinCen Rule for Unhosted Wallets on Laura Shin's Unchained Podcast

BOSTON, January 6, 2021 — Circle CEO Jeremy Allaire recently appeared on the Unchained Podcast, hosted by Laura Shin, together with Kristin Smith of the Blockchain Association.     

How the US Financial System Can Benefit from Digital Dollar Stablecoins

BOSTON, January 5, 2021 — 2020 has been a watershed year for digital dollar stablecoins, such as USDC. The market capitalization of the stablecoin market exploded, increasing from around $6 billion to over $28 billion, highlighting the increasing adoption of digital dollars.  On episode…

Episode 30: The Crypto Transformation

Kicking off 2021, we’re going to widen out the lens and explore the big picture social and economic impact of crypto.  Rapidly accelerating adoption of blockchains and crypto currency are merely early indicators for and enablers of a much larger global social and economic transformation.…

ICYMI: Circle CEO on Crypto Regulations, the Biden Administration & Stabelcoins

Circle CEO, Jeremy Allaire, recently appeared on CNBC Squawk Box to discuss the regulatory environment for the crypto industry, what the Biden Administration may have in store, and how to understand the unique role of stablecoins, like USDC, in the financial ecosystem. ICYMI, here’s the …

ICYMI: Circle CEO on Crypto Regulations, the Biden Administration & Stablecoins

Circle CEO, Jeremy Allaire, recently appeared on CNBC Squawk Box to discuss the regulatory environment for the crypto industry, what the Biden Administration may have in store, and how to understand the unique role of stablecoins, like USDC, in the financial ecosystem. ICYMI, here’s the …
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Circle Frequently Asked Questions

  • When was Circle founded?

    Circle was founded in 2013.

  • Who are Circle key executives?

    Circle's key executives are Carlos Domingo and Michael Carpentier.

  • How many employees does Circle have?

    Circle has 191 employees.

  • What is Circle revenue?

    Latest Circle annual revenue is £501 .

  • What is Circle revenue per employee?

    Latest Circle revenue per employee is £3 .

  • Who are Circle competitors?

    Competitors of Circle include Ethereum, Blockchain and Coinbase.

  • Where is Circle headquarters?

    Circle headquarters is located at Boston, MA, USA, Boston.

  • Where are Circle offices?

    Circle has offices in Boston and New York.

  • How many offices does Circle have?

    Circle has 2 offices.