# Circuit

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

- Industry: Transportation Services
- Headquarters: Fort Lauderdale, US
- Website: www.ridecircuit.com
- Total disclosed funding: $29M
- Latest round: Series B (Feb 13, 2025)
- Investors on record: 10

## About

Based in Florida, US, and founded in 2011, Circuit Transit Inc. provides on-demand electric, micro-transit solution. In September 2022, the firm Raised $11M funding in Series A led by Tribeca Venture Partners. Investors included Citi Impact Fund, Impact Engine, Groundswell Ventures, Gaingels, the Los Angeles Cleantech Incubator (LACI) Impact Fund, and Forefront Venture Partners. The company was founded by James Mirras and Alex Esposito.

The company offers affordable (sometimes free), electric, first/last mile transportation options to the passengers. This can be booked via mobile application through collaborations with municipalities, developers, and advertising partners. The firm uses fleets of car that provides on-demand and easy-to-use rides across New York, New Jersey, Illinois, Colorado, Massachusetts, California, Texas, and Florida.

The company plans to use September 2022 fund to grow Circuit's team, enhance its technology, and expand the EV Shuttle Business to more markets.

## Funding rounds

- Series B, Feb 13, 2025, $17M — Tribeca Venture Partners, Impact Engine, MKB
- Series A, Jun 24, 2022, $11M — Tribeca Venture Partners, Citi Ventures, Impact Engine, Gaingels, Forefront Venture Partners, Groundswell Ventures, Los Angeles Cleantech Incubator
- Seed, Apr 4, 2018, $1.3M — Third Sphere, Urban-X

## Investors

- Third Sphere (https://capitalatlas.ai/funds/third-sphere) — Seed
- Urban-X (https://capitalatlas.ai/funds/urban-x) — Seed
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series A, Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series A
- Impact Engine (https://capitalatlas.ai/funds/impact-engine) — Series A, Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Forefront Venture Partners (https://capitalatlas.ai/funds/forefront-venture-partners) — Series A
- Groundswell Ventures (https://capitalatlas.ai/funds/groundswell-ventures) — Series A
- Los Angeles Cleantech Incubator (https://capitalatlas.ai/funds/los-angeles-cleantech-incubator) — Series A
- MKB (https://capitalatlas.ai/funds/mkb) — Series B