# CircleCo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/circleco

- Industry: Software
- Headquarters: New York, US
- Website: www.circle.so
- Total disclosed funding: $36M
- Latest round: Series A (Nov 15, 2021)
- Investors on record: 3

## About

Based in the US, CircleCo, Inc. operates a community platform designed to enhance user engagement and connectivity across diverse digital environments, catering primarily to creators, businesses, and entrepreneurial communities.CircleCo, Inc. was founded in 2019 and is headquartered in New York, US. The company focuses on building community-driven platforms. The founders, Andrew Guttormsen and Sid Yadav, have previously contributed to various tech ventures. In November 2021, Circle raised USD 24.9 mn in Series A funding led by Tiger Global Management, with participation from BoxGroup and Notation Capital. This funding round represents the total amount raised by the company to date, which is USD 24.9 mn, and places the current company valuation at USD 180.285 mn.Circle offers a comprehensive community platform designed to facilitate engagement, connection, and a seamless user experience across various digital spaces. Their core suite of services includes community discussions, live events, course management, and integrated messaging, all tailored to enhance member interaction. The platform allows users to create personalized spaces where they can host discussions, share multimedia content, and manage their community's activities efficiently. Furthermore, Circle provides branded mobile applications for both iOS and Android, enabling community leaders to increase brand visibility and foster direct communication with members. The platform predominantly serves creators, businesses, and entrepreneurial communities, effectively catering to diverse client bases in North America, Europe, and Asia.Circle generates revenue primarily through subscription-based pricing models, allowing clients to access various features and services tailored to their community management needs. Clients can choose from different pricing tiers, which may include options for one-time purchases, memberships, or recurring subscriptions based on the scale and requirements of their community. The platform facilitates payments directly within its ecosystem, enhancing the user experience for transactions related to courses, events, and community memberships. This structured approach to revenue generation ensures that both individual and business clients can leverage Circle's comprehensive tools to grow and monetize their communities effectively. The company's established track record includes financial milestones, with clients reporting considerable increases in community value and engagement since adopting Circle's services.In November 2021, CircleCo, Inc. raised USD 24.9 mn in Series A funding, which will be utilized to invest in research and development, technology enhancements, and building both Android and desktop applications. The company is also focused on expanding its sales and customer success teams and developing a marketing team. Future product launches are aimed at enhancing user engagement and accessibility. Circle is planning to expand into additional markets in Europe and Asia by the end of 2023, capitalizing on the growing demand for community management solutions.

## Funding rounds

- Series A, Nov 15, 2021, $25M — Tiger Global Management, BoxGroup, Notation
- Seed, Feb 16, 2021, $4M — Notation
- Seed, Oct 9, 2020, $5.6M — Notation
- Seed, Jul 1, 2020, $1.5M — Notation

## Investors

- Notation (https://capitalatlas.ai/funds/notation) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Series A