# StaffCircle

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

- Industry: Software
- Headquarters: Leicester, UK
- Website: www.staffcircle.com
- Total disclosed funding: $5.2M
- Latest round: Series A (Apr 1, 2022)
- Investors on record: 3

## About

Based in the UK and founded in 2017, StaffCircle Ltd specializes in automated talent management and employee engagement software, streamlining performance management and fostering employee development across organizations.StaffCircle Ltd is a provider of talent management and employee engagement software that enhances organizational performance. Founded in Leicester, UK, in 2017 by Mark Seemann, the company has raised GBP 3.14 million in Series A funding as part of five deals up to April 2022. The latest funding round was led by Blackfinch Ventures and Mercia Asset Management, increasing the total amount raised to GBP 3.14 million, with a current valuation of GBP 17.638 million.StaffCircle offers a comprehensive suite of automated talent management and employee engagement software designed to enhance performance management, employee development, and engagement across various organizational levels. The core product, an all-in-one performance management platform, enables companies to digitalize their processes, centralize communication, and access real-time employee insights. It addresses issues such as high attrition rates through automated engagement tools and personalized development plans that are digitally tracked. Targeted primarily at HR departments, C-suite executives, and front-line managers, StaffCircle serves a diverse client base across North America, Europe, and Asia-Pacific. The platform is particularly beneficial for organizations operating multiple sites or with remote workers, allowing them to effectively bridge generational gaps and foster a high-performance culture.StaffCircle's revenue model revolves around subscription-based services, providing clients with flexible pricing plans tailored to their needs. Transactions typically occur on a B2B basis, with organizations subscribing to the platform for access to features such as performance management, employee engagement, and development solutions. Flagship products like StaffCircle and TeamCircle leverage automated processes to improve employee performance and reduce administrative burdens. The pricing structure accommodates various organizational sizes, ensuring both small and large enterprises can benefit from the platform's capabilities. This model fosters long-term partnerships, reinforcing StaffCircle's commitment to enhancing workforce effectiveness.In April 2022, StaffCircle Ltd raised GBP 3.14 million in Series A funding to support its growth initiatives. The company plans to use this funding to expand its platform and hire new talent. As part of its strategy, StaffCircle aims to introduce new products to enhance its offerings and plans to expand into additional markets, specifically targeting North America and Europe by the end of 2023.

## Funding rounds

- Series A, Apr 1, 2022, $4.1M — Mercia Asset Management, Blackfinch Ventures
- Seed, Apr 2, 2020, $1M — Mercia Fund Management, Blackfinch Ventures

## Investors

- Mercia Fund Management — Seed
- Blackfinch Ventures (https://capitalatlas.ai/funds/blackfinch-ventures) — Seed, Series A
- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Series A