About CircleIt
CircleIt is a company based in Chicago (United States) founded in 2018. CircleIt has raised $5.1 million across 1 funding round from investors including TeleSoft Partners and Connor Crown. CircleIt operates in a competitive market with competitors including JibJab, Punchbowl, Paperless Post, StoreCash and Sincerely, among others.
- Headquarter Chicago, United States
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website circleit.com
- Social LinkedIn X Facebook
- Legal Name Circleit Inc.
- Annual Revenue$41.08 K (USD)0as on Dec 31, 2020
- Net Profit-$2.47 M (USD)-447as on Dec 31, 2021
- Total Equity Funding$5.1M (USD)
in 1 rounds
- Latest Funding Round$5.1M (USD), Series A
Sep 2021
- InvestorsTeleSoft Partners
& 1 more
Funding Insights of CircleIt
CircleIt has successfully raised a total of $5.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.1 million completed in September 2021. 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 $5.1M
- Total Rounds 1
- Last Round Series A — $5.1M
- First Round $5.1M
(Sep 2021)
- Investors Count 2
All 1 funding rounds of CircleIt 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 |
|---|---|---|---|---|---|
| Sep 2021 | $5.1M | Series A | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in CircleIt
CircleIt has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include TeleSoft Partners and Connor Crown.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | – | telesoftvc.com | San Francisco, United States | |
CC Connor Crown | Indian angel investor focusing on early-stage tech startups. | – | unknown_1bd4f62f2ca54c719 | - |
Investor details for CircleIt
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 CircleIt
9 people are tracked at CircleIt (2 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Art Shaikh | Founder & CEO | Leadership |
Sami Sayyed PMP | VP of Engineering & Head of Product Development | Leadership |
Zubair Iqbal | Quality Assurance Engineer | Team |
Ian Winans | Product Designer | Team |
Mohammad Sohaib | Backend Engineer | Team |
Qayyum Hussain | Senior React Native Developer | Team |
Tim McCarter | Information Technology Product Manager | Team |
Sara Khalid | Senior Quality Assurance Analyst | Team |
Raees Khan | Software Quality Analyst | Team |
Complete people profiles for CircleIt
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 CircleIt
2 dated milestones of CircleIt across 3 years, from founding to its latest funding, stage changes and deals.
- Founded CircleIt is founded.
- Funding First funding round of $5.1M.
Competitors of CircleIt
CircleIt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JibJab, Punchbowl, Paperless Post, StoreCash and Sincerely, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jibjab.com | 1999 | Los Angeles, United States | $17.01M | – | Customizable eCards and videos for greetings are provided online. | |
| punchbowl.com | 2006 | Framingham, United States | $12.72M | 19 | Digital invitations and greeting cards are sold online for personalization. | |
| paperlesspost.com | 2008 | New York, United States | $32.35M | 10 | App and online platform for greeting/invitation cards | |
| storecashapp.com | 2019 | San Jose, United States | $6.04M | – | Virtual gifting cards are generated via mobile app for retailers. | |
| sincerely.com | 2011 | San Francisco, United States | $3M | – | Custom photo postcard and greeting card apps are provided. | |
| smilebox.com | 2000 | Holon, Israel | $14.4M | – | Online platform to send customizable greetings cards | |
| bluemountain.com | 1996 | San Diego, United States | – | 4 | Digital greeting cards and e-commerce gifts are offered online. | |
| kudoboard.com | 2015 | New Orleans, United States | – | 14 | Group greeting cards are created and shared collaboratively online. | |
| cardsnacks.com | 2016 | New York, United States | – | – | Digital cards are personalized through a mobile app platform. |
Detailed competitors of CircleIt
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.
Latest news on Circleit
Complete news archive for CircleIt
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to CircleIt
10 companies that operate in the same segment as CircleIt (Stationery, Gifting & Handicrafts E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | – | 301 | |
Smart notebooks are offered for digital sketching and note-taking. | 2013 | Oslo, Oslo, Norway | USD 15 M | – | – | |
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Flowers are delivered via an online subscription platform. | 2013 | London, England, United Kingdom | USD 171.47 M | – | – | |
Multi-category gifts are curated online for special occasions. | 2006 | Richmond, United Kingdom | USD 57.58 M | – | 192 | |
Multi-category gifting products are provided through an online platform. | 2015 | Mumbai, Maharashtra, India | USD 4.35 M | USD 916.16 K | – | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | – | 101 | |
Digital gift cards are provided for enterprise incentive programs. | 2009 | Seattle, Washington, United States | USD 57.01 M | – | 267 | |
No detailed company activity is described on the site. | 2011 | Chicago, Illinois, United States | USD 198.67 M | – | 74 | |
AI-powered loyalty, rewards, and employee engagement solutions are provided. | 2012 | Bengaluru, Karnataka, India | USD 100.61 M | USD 98.95 M | 327 |
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Frequently Asked Questions about CircleIt
CircleIt was founded in 2018 and raised its 1st funding round 3 years after it was founded.
CircleIt is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
CircleIt is a funded company, having raised a total of $5.1M across 1 funding round to date. The company's 1st funding round was a Series A of $5.1M, raised on Sep 2021.
Annual revenue of CircleIt is $41.08K as on Dec 31, 2020.
CircleIt was founded in 2018 in Chicago, United States, within the online gifting sector. An e-commerce platform is operated, facilitating the delivery of personalized digital greeting cards, photos, flowers, balloons, and gift baskets for scheduled future dates. Secure chat functionality is provided alongside encrypted storage for user images. A mobile application is available for both iOS and Android devices to support these services.
CircleIt's top competitors include JibJab, StoreCash and Paperless Post.
CircleIt has 2 investors. Key investors include TeleSoft Partners, and Connor Crown.
CircleIt operates through Circleit Inc..