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, US
Websitecircle.com
Employee Ratings3.5
Culture scoreA+

Latest Updates

Employees (est.) (May 2020)202(-5%)
Job Openings12
Revenue (FY, 2017)£501 (-93%)

Circle Office Locations

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

Circle Financials and Metrics

Summary Metrics

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.
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
GBPY, 2018

Financial Leverage

2.6 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 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

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…

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…

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…

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

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…

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…
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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.