Circit - About the company
Circit is a series B company based in Dublin (Ireland), founded in 2015. It operates as a Platform designed for auditors to verify assests. Circit has raised $31.3M in funding from investors like Enterprise Ireland, Escher Group and MiddleGame Ventures, with a current valuation of $*****. The company has 59 active competitors, including 16 funded and 3 that have exited. Its top competitors include companies like BlackLine, Armalytix and OneStack.
Company Details
Platform designed for auditors to verify assests. It is a platform that manages auditor query requests within a digital system, connecting auditors, banks, and solicitors. It streamlines the process of managing audit confirmations, open Banking verified transactions, PBC Collaboration, and e signatures. It validates auditors for communication and automates the segregation of requests.
- Website
- circit.io
- Email ID
- *****@circit.io
- Phone Number
- +353 **********
Key Metrics
Founded Year
2015
Location
Dublin, Ireland
Stage
Series B
Total Funding
$31.3M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 04, 2022
Investors
Ranked
2nd among 59 active competitors
Annual Revenue
€1M - €10M as on Dec 31, 2024
Employee Count
91 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Circit
Circit is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CIRCIT UK LIMITED CIN: 13147529 , United Kingdom, Active | Jan 20, 2021 | - | 10 (As on Dec 31, 2023) | |
CIRCIT LIMITED CIN: 564144 , Ireland, Active | Jun 30, 2015 | €1M - €10M (As on Dec 31, 2024) | - | - |
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Circit's funding and investors
Circit has raised a total funding of $31.3M over 6 rounds. Its first funding round was on Sep 30, 2016. Its latest funding round was a Series B round on Feb 10, 2026 for $*****. 3 investors participated in its latest round. Circit has 10 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Circit:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 10, 2026 | 1874967 | Series B | 1062661 | 2023089 | 8737960 | 5649665 |
Jul 06, 2023 | 3415094 | Series A | 5413192 | 5085256 | 9457030 | |
May 04, 2022 | 1294930 | Series A | 7821644 | 9964846 | 9862963 |
View details of Circit's funding rounds and investors
Circit's founders and board of directors
Founder? Claim ProfileCircit's Board of Directors
Circit's board has 5 active members. Sean Kenny, Patrick Pinschmidt, Giovanni Nani and David Heath are part of team and Henry Largey is independent board member.Here is the list of Circit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | - | |
wcvcfa{ | Team | - | Current | 5y 8m |
Investor | - | Current | - | |
Investor | - | Current | - | |
Independent board member | - | Current | - |
Circit's employee count trend
Circit has 91 employees as of Sep 26. Here is Circit's employee count trend over the years:
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Circit's Competitors and alternates
Top competitors of Circit include BlackLine, Armalytix and OneStack. Here is the list of Top 10 competitors of Circit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BlackLine 2001, Los Angeles (United States), Public | Provider of AI-enabled solutions for financial close and invoice-to-cash processes | $200M | 70/100 | |
2nd | Platform designed for auditors to verify assests | $31.3M | 61/100 | ||
3rd | Armalytix 2019, London (United Kingdom), Seed | Developer of an open banking API | $3.88M | 55/100 | |
4th | Provider of banking, payment, investment, insurance, and lending technology solutions | $5.46M | 54/100 | ||
5th | NaudaPay 2020, London (United Kingdom), Series A | Open banking software | $1.04M | - | 51/100 |
6th | Provider of website maintenance services | - | 49/100 | ||
7th | Provider of app-based open banking software | - | - | 46/100 | |
8th | Provider of digital solutions for financial institutions and government organizations | $24.8M | 46/100 | ||
9th | Platform offering smart data solutions for open finance | $27.4M | 46/100 | ||
10th | connectIPS 2017, Kathmandu (Nepal), Unfunded | Open banking API solutions | - | - | 45/100 |
Looking for more details on Circit's competitors? Click here to see the top ones
Circit's Investments and acquisitions
Circit has acquired Audapio. Circit has not made any investments as of now.Reports related to Circit
Here is the latest report on Circit's sector:
News related to Circit
Media has covered Circit for 1 event in last 1 year.
•
Circit Secures $22 Million Growth Equity Funding for Audit VerificationPR Newswire•Feb 11, 2026•Ten Coves Capital, MiddleGame Ventures, Aquiline Capital Partners, Circit and 1 other
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Circit and 10x Banking join forces to transform the future of audit for financial servicesWcia•Jan 22, 2025•Circit, 10x
•
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Dublin’s Circit raises €6.5m for open banking platformSilicon Republic•May 22, 2022•Circit, Aquiline Technology Growth, MiddleGame Ventures, Aquiline Capital Partners
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Circit selected by AIB to help audit process work betterThe Irish Times•Oct 20, 2020•Circit, AIB Bank
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Circit raises €1.1m ahead of international expansionTechCentral Ireland•Jul 16, 2020•Circit, Enterprise Ireland, Commodore Capital, Enterprise Ireland and 1 other
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Financial audit revolution as Circit brings Open Banking to the audit professionFinancial IT•Mar 22, 2019•Circit
•
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