About Circle
Circle is a Technology company based in New York (United States) founded in 2021 by Nuno Carvalho, Harisson Santos, Sanket Jain, and Ayyan Rahman. Circle is recognized for building internet financial systems with stablecoins. It operates on a API-as-a-Product, Managed Services, and FinTech model. Circle has raised $4.2 million across 1 funding round from investors including Reciprocal Ventures, 6MV and Spartan Group. Its chief executive, as recorded, is Sanket Jain. Circle offers products and services including USDC, EURC, USYC, Circle Payments Network, and Arc. Its focus areas include Financials, Cryptocurrency and Stablecoin Infrastructure. Its legal entity is Circle Internet Financial, LLC. Its competitors include Solana, Civic Technologies and Chain; 3 of its 3 listed competitors have raised funding.
Company details
Circle is established as a provider of modern infrastructure for a new internet financial system. Stablecoins like USDC and EURC are issued to facilitate near-instant, low-cost global transactions. The platform connects traditional finance with digital assets, enabling seamless money movement. Operations span across multiple sectors including payments, trading services, and currency access. Solutions are provided to financial institutions, businesses, and developers in over 185 countries. A secure, always-on digital economy is supported through regulated entities and enterprise-grade APIs. Growth is driven by deep liquidity and compliance-ready infrastructure.
- Headquarters New York, United States
- Founders Nuno Carvalho, Harisson Santos, Sanket Jain, Ayyan Rahman
- SectorsTechnology
- Website mygateway.xyz
- Social LinkedIn X Instagram YouTube
- Legal Name Circle Internet Financial, Llc
- Total Equity Funding$4.2M (USD)
in 1 rounds
- Latest Funding Round$4.2M (USD), Seed
Jan 2023
- InvestorsReciprocal Ventures
& 4 more
Products & Services of Circle
Circle offers a comprehensive portfolio of products and services, including USDC, EURC, USYC, Circle Payments Network, and Arc.
USDC is offered as a regulated digital dollar.
EURC is provided as a regulated digital euro.
USYC is managed as a tokenized market fund.
Global payments are enabled through Circle Payments Network.
Arc is built for stablecoin finance blockchain solutions.
Apps and channels of Circle
its YouTube channel Circle has 8.49K subscribers and 30 videos.
Videos from Circle
The most watched videos on Circle's YouTube channel, Circle (8.49K subscribers). Click a video to play it here.
More on Circle.
Funding Insights of Circle
Circle has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.2 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.2M
- Total Rounds 1
- Last Round Seed — $4.2M
- First Round $4.2M
(Jan 2023)
- Investors Count 5
All 1 funding rounds of Circle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $4.2M | Seed | – | Reciprocal Ventures, 6MV |
5 investors in total: 4 institutional and 1 angel.
Investors in Circle
Circle has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Reciprocal Ventures, 6MV and Spartan Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Reciprocal Ventures is focused on investing in crypto founders. | recvc.com | New York, United States | ||
Investments in blockchain technology startups are made by 6MV. | 6thman.ventures | New York, United States | ||
Advisory, venture capital, and startup services for blockchain are provided. | spartangroup.io | Singapore, Singapore | ||
Venture capital investments are directed toward web3 sectors. | figmentcapital.io | New York, United States | ||
SN Sandeep Nailwal | Co-founder of Polygon, prominent blockchain investor, and Indian crypto pioneer | unknown_7120d30caca5469b9 |
Investor details for Circle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Circle
5 people are tracked at Circle (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Nuno Carvalho | Co-Founder & CTO | Leadership |
Harisson Santos | Co-Founder | Leadership |
Sanket Jain | Co-Founder & CEO | Leadership |
Ayyan Rahman | Co-Founder | Leadership |
Abinesh S. | Network Architect & Fullstack Engineer, Lead | Team |
Complete people profiles for Circle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Circle
2 dated milestones of Circle across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Circle is founded.
- Funding First funding round of $4.2M.
Competitors of Circle
Circle has 3 listed competitors in our database, 3 of them funded. They include Solana, Civic Technologies and Chain.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solana.com | 2010 | San Francisco, United States | $374.15M | 62 | Blockchain infrastructure for transactions and counting is provided by Solana. | |
| civic.com | 2016 | Palo Alto, United States | $2.75M | Decentralized identity verification is enabled through AI and blockchain. | ||
| chain.com | 2014 | San Francisco, United States | $39.5M | Blockchain infrastructure is offered for financial application development. |
Detailed competitors of Circle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Circle (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Frequently Asked Questions about Circle
Circle was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Circle is headquartered in New York, United States. It is registered at New York, New York, United States.
Sanket Jain is the CEO of Circle, as recorded in our data. They have also founded this company.
Circle is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Seed of $4.2M, raised on Jan 2023.
Circle is established as a provider of modern infrastructure for a new internet financial system. Stablecoins like USDC and EURC are issued to facilitate near-instant, low-cost global transactions. The platform connects traditional finance with digital assets, enabling seamless money movement. Operations span across multiple sectors including payments, trading services, and currency access. Solutions are provided to financial institutions, businesses, and developers in over 185 countries. A secure, always-on digital economy is supported through regulated entities and enterprise-grade APIs. Growth is driven by deep liquidity and compliance-ready infrastructure.
Circle's top competitors include Solana, Civic Technologies and Chain.
Circle offers USDC, EURC, USYC, Circle Payments Network, and Arc.
Circle has 5 investors. Key investors include Reciprocal Ventures, 6MV, Spartan Group, Sandeep Nailwal, and Figment Capital.
Circle operates through Circle Internet Financial, Llc.