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.) (May 2021)235(+11%)
Job Openings1,260
Revenue (FY, 2017)£501(-93%)
Cybersecurity ratingBMore

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

10 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

B

88/100

SecurityScorecard logo

Circle Online and Social Media Presence

Embed Graph

Circle Company Culture

  • Overall Culture

    A

    87/100

  • CEO Rating

    A+

    93/100

  • Compensation

    A

    85/100

Learn more on Comparably

Circle Blogs

FTX Extends Global Partnership with Circle For Comprehensive Fiat Account Funding

Today, we’re excited to announce FTX and Circle are extending our partnership, with FTX introducing card-based funding for FTX and Blockfolio customer accounts,  existing ACH and wire transfer deposits. Built on Circle APIs, Blockfolio and FTX customers can deposit fiat currency using a …

USDC Market Cap Crosses $15 Billion

More than $15 billion USD Coin (USDC) are now in circulation across multiple blockchain platforms, including Ethereum, Solana, Algorand, and Stellar! The milestone comes less than eight weeks after crossing the $10 billion mark; USDC is growing more quickly than any other stablecoin, and…

Circle Welcomes Jeremy Fox-Geen as Chief Financial Officer

Over the past year, Circle has undergone significant growth; we’ve more than tripled the size of our team, launched many new products, and have supported the continued exponential growth in USDC, with 30x growth in the past 12 months to now well over 15 billion USDC in circulation.

The Search for Yield Comes to Digital Assets: Insights from Circle, CoinShares, and CMS Holdings

Last week, Blockworks Co-founder Mike Ippolito talked interest-bearing opportunities in a low-rates world with industry experts in “The Search for Yield Comes to Digital Assets”.

Tala Partners with Visa, Taps Circle and Stellar To Boost the Unbanked

We’re thrilled to announce that Visa is partnering with Tala, a leading digital financial services provider in emerging markets, with support from Circle and Stellar to make it easier than ever to store and transfer value using USDC. 

Solana USDC: Fast, Cost-Efficient, and Highly Scalable

USD Coin (USDC) is the fastest-growing fully reserved dollar stablecoin in the crypto capital markets. While USDC was initially launched on Ethereum, Circle’s long-term goal for USDC is to become a chain-agnostic ecosystem powering value transfer using many different blockchains.
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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 235 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.