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 | |
| Culture score | A+ | More |
Recent NewsAll News
Circle Office Locations
Circle has offices in Boston and New York
Boston, US (HQ)
Boston, MA, USA
New York, US
New York, NY, USA
Circle Financials and Metrics
Summary Metrics
Founding Date | 2013 |
Circle total Funding | $246 m |
Circle latest funding size | $110 m |
Time since last funding | 2 years ago |
Circle investors | Accel Partners, Goldman Sachs, General Catalyst, Oak Investment Partners, Baidu, IDG Capital Partners, Breyer Capital, Accel, Jim Breyer, Pantera Capital, Fenway Summer Ventures, Tusk Ventures, Blockchain Capital, Digital Currency Group, Bitmain, Fenbushi Capital, CreditEase, China Everbright Investment Management, China International Capital Corporation Alpha, Glenn Hutchins, Sam Palmisano, IDG Capital, BoomStartup, Michele Burns, Leonard Schrank |
Circle's latest funding round in May 2018 was reported to be $110 m. In total, Circle has raised $246 m. 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-2018) | 5.6m |
EV | 3.0b |
| 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 | FY, 2018 |
|---|---|---|---|---|
Cash | 4.5m | 7.5m | 5.6m | |
Accounts Receivable | 70.4k | 852.2k | 675.2k | |
Current Assets | 1.5m | 5.7m | 11.6m | 14.3m |
PP&E | 5.7k |
| 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, 2018 |
|---|---|
Financial Leverage | 2.6 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
| Company Name | Date | Deal Size |
|---|---|---|
| SeedInvest | October 05, 2018 | |
| Poloniex | February 27, 2018 | $400 m |
| Trigger Finance | October 17, 2017 |
Circle Online and Social Media Presence
46.38k Twitter followers
Circle has 46.38k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.4% quarter over quarter
Circle's Trends
Twitter Engagement Stats for @circlepay
2k
Tweets
225
Following
46.4k
Followers
50
Tweets last 30 days
6.7
Avg. likes per Tweet
90%
Tweets with engagement
Circle Company Culture
Overall Culture
A+
87/100
CEO Rating
A+
90/100
Compensation
A
85/100
Circle Blogs
January 22, 2020
USDC Reserve Attestation Report from Grant Thornton LLP — December 2019
USDC Reserve Attestation Report from Grant Thornton LLP — December 2019Today, 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 December 31, 2019 at 11:59 PM Pacific Time (“PT”):
US…
January 22, 2020
USDC Reserve Attestation Report from Grant Thornton LLP - December 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 December 31, 2019 at 11:59 PM Pacific Time (“PT”):
USD Coin (“USDC”) tokens issued and outstanding = 519,628,995 USDC
US D…
January 17, 2020
My Message at Davos: Support Global Stablecoins via Public/Private Partnership
When I travel to Davos next week, I’ll be advocating for the public and private sector to come together to support the development of global stablecoins backed by central bank money and regulated through new forms of public and private partnership.
Such an approach allows the private sector, inclu…
December 20, 2019
USDC Reserve Attestation Report from Grant Thornton LLP - November 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 November 30, 2019 at 11:59 PM UTC:
USD Coin (“USDC”) tokens issued and outstanding = 457,103,362 USDC
US Dollars held in
December 18, 2019
Dear Poloniex US Customers: Let Us Explain
When we made the decision to spin out Poloniex we knew more tough decisions would follow. The spin out immediately affected several hundred thousand US Poloniex customers who held tens of millions of dollars in value across dozens of individual crypto assets.
Making the transition seamless for such…
December 17, 2019
Circle Organizes for Stablecoin Platform Focus in 2020
Circle is approaching 2020 with a deep focus on stablecoins globally, dollars on public blockchains (USDC) specifically, and the powerful possibilities they unlock for people, businesses, and governments all around the world.
More than six years ago, we envisioned a world in which value can move fr…
Circle Frequently Asked Questions
When was Circle founded?
Circle was founded in 2013.
How many employees does Circle have?
Circle has 202 employees.
What is Circle revenue?
Latest Circle annual revenue is £501 .
What is Circle revenue per employee?
Latest Circle revenue per employee is £2 .
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.
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