Circle - About the company
Circle is a public company based in Boston (United States), founded in 2013 by Jeremy Allaire and Sean Neville. It operates as a Cross-border payment solution for businesses focusing on cryptocurrency. Circle has raised $1.5B in funding from investors like Coinbase, Fidelity Investments and BlackRock. The company has 313 active competitors, including 71 funded and 6 that have exited. Its top competitors include companies like Terra, Celo and KAST.
Sectors and market segments that Circle operate in
Circle serves in the FinTech, Blockchain Technology market segments.The primary business model of Circle are:Company Details
Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.
- Website
- www.circle.com/
- Email ID
- *****@circle.com
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2013
Location
Boston, United States
Stage
Public
Total Funding
$1.5B in 7 rounds
Latest Funding Round
Ranked
1st among 313 active competitors
Employee Count
1,402 as on Mar 31, 2026
Exit Details
Public
Legal entities associated with Circle
Circle is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIRCLE ASSET MANAGEMENT (THAILAND) CO., LTD. CIN: 0105563119245 , Thailand, Active | Aug 14, 2020 | - | - | |
CIRLCE EQUITY INC. CIN: 823053993 , United States, Active | Dec 31, 1999 | - | 1 (As on Dec 31, 2023) | - |
Circle Internet Group, Inc. CIN: 0001876042 , United States, Active | - | - | - | |
CIRCLE INTERNET FINANCIAL, LLC CIN: 6028056 , United States, Active | Jun 03, 2021 | - | 642 (As on Dec 31, 2023) | - |
CIRCLE INTERNET FINANCIAL INC CIN: 463394676 , United States, Active | Dec 26, 999 | - | 674 (As on Dec 31, 2024) | - |
CIRCLE UK TRADING LIMITED CIN: 9543077 , Germany, Active | Apr 14, 2015 | - | 30 (As on Dec 31, 2024) | |
CIRCLE, LLC CIN: 720545030 , United States, Active | Dec 26, 999 | - | 40 (As on Dec 31, 2024) | - |
Circle's IPO details
Circle got listed on Jun 05, 2025.
Click here to take a look at Circle's IPO in detail
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Circle's funding and investors
Circle has raised a total funding of $1.5B over 7 rounds. Its first funding round was on May 13, 2016. Its latest funding round was a Series E round on Aug 22, 2023 for an undisclosed amount. 1 investor participated in its latest round. Circle has 51 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Circle:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 22, 2023 | Undisclosed | Series E | - | - | - | |
Apr 12, 2022 | $400M | Series E | - | - | ||
Jan 01, 2022 | $10M | ICO | - | - | - |
View details of Circle's funding rounds and investors
Circle's founders and board of directors
Founder? Claim ProfileHere are the details of Circle's key team members:
- Jeremy Allaire: Co-Founder & CEO of Circle and founder of 3 other companies, Circle Venture Capital, Pillar VC and CENTRE. Contact Info: 2 email addresses
- Sean Neville: Co-Founder of Circle and founder of 4 other companies, including Catena Labs, Arc and Catena Labs. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Circle's Founder profiles and Board Members
Circle's employee count trend
Circle has 1,402 employees as of Mar 26. Here is Circle's employee count trend over the years:
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Circle's Competitors and alternates
Top competitors of Circle include Terra, Celo and KAST. Here is the list of Top 10 competitors of Circle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.5B | 88/100 | |
2nd | Blockchain network for payments | $125M | 75/100 | ||
3rd | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 71/100 | |
4th | App-based platform offering stablecoins | $90M | 70/100 | ||
5th | StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 59/100 | |
6th | MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 58/100 | |
7th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
8th | Schuman Financial 2024, Paris (France), Seed | Developer of infrastructure for on-chain finance | $7.36M | 57/100 | |
9th | Provider of a stablecoin payments network | $20M | 56/100 | ||
10th | Prepaid Japanese Yen Stablecoin made on public blockchain | $18.4M | 55/100 |
Looking for more details on Circle's competitors? Click here to see the top ones
Circle's Investments and acquisitions
Circle has made 66 investments in companies including TazaPay and EdgeX. Circle has also acquired 6 companies including Hashnote and Element Payments.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 26, 2026 | Investments | 2020 | Singapore (Singapore) | |
Feb 10, 2026 | Investments | 2023 | Dubai (United Arab Emirates) | |
Dec 16, 2025 | Investments | 2023 | Hong Kong (China) |
See all investments and acquisitions by Circle
Reports related to Circle
Here is the latest report on Circle's sector:
News related to Circle
Media has covered Circle for a total of 243 events in the last 1 year, 83 of them have been about company updates and 59 about partnerships.
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Brix raises $5.5m in new fundingFinTech Collective•Apr 17, 2026•, FRWRD, Consensys, Borderless Capital and 3 others
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Circle Introduces Solution to Enable Frequent USDC Payouts Across BlockchainsCrowdfund Insider•Apr 16, 2026•Circle
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Circle seeks local partnerships, rules out won-based stablecoin issuanceThe Korea Times•Apr 13, 2026•Dunamu, Bithumb, Circle, Circle
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KB Financial Group Strengthens Partnership with Stablecoin Firm CircleBusinesskorea•Apr 06, 2026•KB Financial Group, Circle, CRYPTO, Hana Financial Group
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Circle Advances Wallet Security with Star DKG : A Protocol for Hardware-Bound Keys in Multi-Device EnvironmentsCrowdfund Insider•Apr 06, 2026•Circle
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