| Type | Private |
| HQ | Boston, US |
| Founded | 2013 |
| Size (employees) | 445 (est)-1% |
| Website | circle.com |
Circle was founded in 2013 and is headquartered in Boston, US
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Viewing summary data as a guest
Sign up for free to see all dataKey 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
London, GB
256-260 Old St
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Circle Financials and Metrics
Summary Metrics
Founding Date | 2013 |
Circle total Funding | $246 m |
Circle latest funding size | $110 m |
Time since last funding | 8 months ago |
Circle investors | China International Capital Corporation Alpha, Blockchain Capital, 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, Accel Partners, BoomStartup |
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-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 Blogs
January 08, 2019
USDC Ecosystem Spotlight: USDC crosses $300 million in market cap and has support from nearly 100 companies
USDC this week surpassed $300 million in market cap (including Circle activity) and earned the support of six new companies, bringing to nearly 100 the number of exchanges, protocols, platforms, applications, wallets and service providers that are part of the USDC ecosystem.
USDC, launched in Septe…
January 03, 2019
Circle 2018 accomplishments and 2019 themes
As we lock focus on 2019 and building the next stage in our vision of an open and connected global digital economy, we first want to take stock of where we are and share a look back at 2018 with all our customers, employees, partners, investors and industry stakeholders.
It
December 19, 2018
USDC Ecosystem Spotlight: IDCM crypto exchange, along with Alpha Wallet, ChangeNow, Loopring, Salt Platform, and XinFin the latest companies to support USDC
IDCM crypto exchange and five other projects announced support for USD Coin (USDC) in recent days, bringing to more than 75 the number of exchanges, protocols, platforms, applications, and wallets that have played a leading role in making USDC the second largest asset-backed stablecoin by market ca…
December 19, 2018
Poloniex announces support for 3 new assets
We are pleased to welcome Livepeer (LPT), Numerai (NMR), and Polymath (POLY) to the Poloniex family. These new listings are part of our continued effort to identify projects with strong technology and teams that have the potential for moving the blockchain space forward. As with past listings, these…
December 18, 2018
USDC Reserve Attestation Report from Grant Thornton LLP - November 2018
Today, Circle released the second attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2018 at 11:59 PM UTC:
USD Coin (“USDC”) tokens issued and outstanding = 177,190,279 USDC
US Dollars held in
December 14, 2018
Silvergate Exchange Network (SEN) now available for USDC
We’re excited to announce that Silvergate Exchange Network (SEN) is now supported for US Dollar Coin (USDC) issuance and redemption. SEN delivers real-time USD settlement and is used daily by leading crypto exchanges and traders. Silvergate Bank account holders with SEN can enjoy near instantaneous …
Circle Company Life and Culture
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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 Jeremy Allaire, Sean Neville and Josh Hawkins.
How many employees does Circle have?
Circle has 445 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 Coinbase, Blockchain and Ethereum.
Where are Circle offices?
Circle has offices in Boston, New York and London.
How many offices does Circle have?
Circle has 3 offices.