# CircleUp Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/circleup-network

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.circleup.com
- Total disclosed funding: $53M
- Latest round: Series D (Oct 28, 2015)
- Investors on record: 10

## About

CircleUp Network Inc. is a technology company that enables investment in early-stage consumer brands through its proprietary data-driven platform, facilitating connections between investors and innovative startups.CircleUp Network Inc., founded in 2006 in San Francisco, US, specializes in facilitating investments in consumer brands. The company has completed a total of 9 deals, with its most recent involving VENTURE DEBT funding of USD 200.00 mn led by Community Investment Management on June 1, 2023. The founder of CircleUp, Akshay Shah, has a history of entrepreneurship, contributing to the company’s innovative approach to investment. Danny Mitchell currently serves as the CEO.CircleUp Network Inc. primarily provides a platform that facilitates investments in early-stage consumer brands. Their core offerings include a proprietary data and analytics platform, which empowers investors by delivering detailed insights into brand performance and growth potential. The platform is designed to streamline the investment process by connecting emerging consumer brands with investors, thereby addressing the challenges of funding access faced by startups in the consumer sector. Notable end users of this service include venture capitalists, private equity firms, and individual investors seeking to diversify their portfolios with high-potential consumer brands. CircleUp operates predominantly in the United States, targeting markets rich in innovative consumer products, including food and beverage, personal care, and apparel.CircleUp generates revenue through transaction fees and subscription models, primarily from the investors utilizing their platform. The company facilitates direct-to-consumer investments, allowing investors to engage with brands at various funding stages. In this transaction structure, investors pay fees based on the total amount invested in a given brand, ensuring that CircleUp captures a percentage of each successful funding round. Additionally, the platform may offer subscription plans for access to premium analytical tools and market insights, providing ongoing value to its users. By focusing on strategic partnerships with consumer brands, CircleUp enhances its revenue stream while supporting the growth of its clients through continued investment opportunities.In June 2023, CircleUp Network Inc. was acquired by Brightflow.AI, Inc., which is set to expand third-party data access and enhance its artificial intelligence capabilities on its financial data platform. The recent funding from this acquisition will aid in bolstering the company's technological infrastructure and market reach. Future initiatives may include the development of new analytical products and tools aimed at improving user experience, along with specific plans to enter additional geographic markets to further broaden access to consumers and investors.

## Funding rounds

- Series D, Oct 28, 2015, $30M — Canaan Partners, Maveron, Union Square Ventures, QED Investors, Collaborative Fund, Clocktower Technology Ventures, Rose Park Advisors
- Series B, Mar 26, 2014, $14M — Canaan Partners, Maveron, Union Square Ventures, GV, NFX, Rose Park Advisors
- Series A, May 7, 2013, $7.5M — Maveron, Union Square Ventures, GV, Rose Park Advisors
- Seed, Dec 28, 2011, $1.5M — Maveron, Triple Point Investment Management

## Investors

- Maveron (https://capitalatlas.ai/funds/maveron) — Seed, Series A, Series B, Series D
- Triple Point Investment Management (https://capitalatlas.ai/funds/triple-point-investment-management) — Seed
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A, Series B, Series D
- GV (https://capitalatlas.ai/funds/gv) — Series A, Series B
- Rose Park Advisors (https://capitalatlas.ai/funds/rose-park-advisors) — Series A, Series B, Series D
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series B, Series D
- NFX (https://capitalatlas.ai/funds/nfx) — Series B
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series D
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series D
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Series D