Circle - About the company
Circle is a public company based in Boston (United States), founded in 2013 by Sean Neville and Jeremy Allaire. 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 317 active competitors, including 72 funded and 7 that have exited. Its top competitors include companies like Terra, KAST and Celo.
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 317 active competitors
Employee Count
1,468 as on May 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 52 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 ProfileThe founders of Circle are Sean Neville and Jeremy Allaire. Ryan Feit and Jeremy Allaire are the CEOs of Circle.
Here are the details of Circle's key team members:
- Sean Neville: Co-Founder of Circle and founder of 5 other companies, including Catena, Catena Labs and Arc. They are also an angel investor in 2 startups.Contact Info: 1 email address
- 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
View details of Circle's Founder profiles and Board Members
Circle's employee count trend
Circle has 1,468 employees as of May 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, KAST and Celo. 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 | App-based platform offering stablecoins | $90M | 71/100 | ||
4th | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 71/100 | |
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 | Prepaid Japanese Yen Stablecoin made on public blockchain | $67.5M | 57/100 | ||
8th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
9th | Provider of a stablecoin payments network | $20M | 56/100 | ||
10th | Schuman Financial 2024, Paris (France), Seed | Developer of infrastructure for on-chain finance | $7.36M | 56/100 |
Looking for more details on Circle's competitors? Click here to see the top ones
Circle's Investments and acquisitions
Circle has made 69 investments in companies including Morpho and Turnkey. Circle has also acquired 6 companies including Hashnote and Element Payments.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 09, 2026 | Investments | 2021 | Paris (France) | |
May 14, 2026 | Investments | 2022 | New York City (United States) | |
Apr 15, 2026 | Investments | Road Town (British Virgin Islands) |
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 271 events in the last 1 year, 103 of them have been about company updates and 62 about partnerships.
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Masspay Expands Circle Integration for Stablecoin Payouts and Treasury OptionsBitcoin•Jun 10, 2026•Circle
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Munify Integrates with Circle Payments Network for USDC-Powered Local Payouts in the PhilippinesGlobal Fintech Series•Jun 10, 2026•Circle
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Morpho Raises $175M in FundingFinSMEs•Jun 09, 2026•Morpho, Paradigm, Andreessen Horowitz, Binance and 11 others
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Mastercard to Settle Card Payments Using StablecoinsTech in Asia•Jun 03, 2026•Mastercard, Ripple, Circle
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Circle and Nium Partner to Enable USDC Cross-Border Crypto PaymentsBitcoin•May 27, 2026•NIUM, Circle
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Turnkey Raises $12.5M in Funding - FinSMEsFinSMEs•May 14, 2026•Archetype, Turnkey, Sequoia Capital, Faction VC and 4 others
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