# CircleIt

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.circleit.com
- Total disclosed funding: $5.1M
- Latest round: Series A (Sep 2, 2021)
- Investors on record: 1

## About

CircleIt LLC delivers innovative technology solutions to enhance operational efficiency and customer engagement across various industries, focusing on small to medium-sized enterprises.Founded in 2018, CircleIt LLC operates from Chicago, US, specializing in technology solutions that streamline business processes for SMEs. The company has executed a total of 3 deals as an investment target, with the most recent deal occurring on September 2, 2021. CircleIt LLC raised USD 5.1 million in Series A funding led by Telesoft Partners. The firm is led by CEO and Founder Art Shaikh, who has a history of entrepreneurship in the tech sector.The company specializes in providing innovative technology solutions designed to enhance operational efficiency and customer engagement across various industries. Its core product offerings include a comprehensive cloud-based platform that integrates project management, customer relationship management (CRM), and analytics tools, which streamline business processes and facilitate data-driven decision-making. Released in recent years, these products target small to medium-sized enterprises (SMEs) in sectors such as retail, healthcare, and finance, addressing the need for agile and scalable solutions that promote productivity and growth. The company serves a diverse client base, including startups and established businesses seeking to optimize their operations and improve customer interactions. Geographically, its products are marketed primarily in North America and Europe, where the adoption of digital transformation solutions is rapidly accelerating.The company's revenue model is structured around a subscription-based pricing strategy, providing clients with flexible access to its services while ensuring a steady income stream. Clients typically engage in annual or monthly subscription agreements, allowing for scalability based on their specific operational needs. The flagship product, which encompasses a suite of integrated tools, is priced competitively to attract a broad range of users, from individual entrepreneurs to larger firms. Transactions occur directly between the company and its clients, focusing on fostering long-term partnerships that enhance customer loyalty and satisfaction. Additionally, the company may offer tiered pricing plans, allowing organizations to choose packages that align with their usage and feature requirements, thereby creating tailored solutions that suit varying business sizes and sectors.In September 2021, CircleIt LLC raised USD 5.1 million in Series A funding, which will be used to expand its operations and add new features in the near future. The company is targeting the launch of upcoming products designed to meet evolving market needs and plans to expand into new geographic regions, focusing on areas within North America and Europe where demand for digital solutions is growing. These initiatives are expected to contribute to the company's growth trajectory and enhance its service offerings.

## Funding rounds

- Series A, Sep 2, 2021, $5.1M — Telesoft Partners

## Investors

- Telesoft Partners (https://capitalatlas.ai/funds/telesoft-partners) — Series A