About Circuit
Circuit is a company based in New York (United States) founded in 2011 by Alexander Esposito. It operates as a Mobility-as-a-Service, and Advertising Model. Circuit has raised $29.26 million across 4 funding rounds from investors including MacKinnon, Bennett & Company, Tribeca Venture Partners and Impact Engine. Circuit offers products and services including Electric Shuttle Service. Circuit operates in a competitive market with competitors including Freebee, Beep, Nickel Ride, Electric Cab North America and Downtowner, among others.
- Headquarter New York, United States
- Founders Alexander Esposito
-
Sectors
Transportation, Automotive & LogisticsTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$29.26 M (USD)
in 4 rounds
-
Latest Funding Round
$17 M (USD), Series B
Feb 13, 2025
-
Investors
MacKinnon, Bennett & Company
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Circuit
Circuit offers a comprehensive portfolio of products and services, including Electric Shuttle Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
On-demand electric shuttles are provided for local mobility.
Unlock access to complete
Unlock access to complete
Funding Insights of Circuit
Circuit has successfully raised a total of $29.26M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $17 million completed in February 2025. 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 Total Funding
- Total Rounds 4
- Last Round Series B — $17.0M
-
First Round
First Round
(12 Feb 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series B - Circuit | Valuation | MacKinnon, Bennett & Company | |
| Sep, 2022 | Amount | Series A - Circuit | Valuation | Tribeca Venture Partners | |
| Jul, 2022 | Amount | Seed - Circuit | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Circuit
Circuit has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include MacKinnon, Bennett & Company, Tribeca Venture Partners and Impact Engine. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Growth capital is provided to climate innovation companies.
|
Founded Year | Domain | Location | |
|
Early-stage VC firm investing in the US
|
Founded Year | Domain | Location | |
|
Venture capital is provided to economic, sustainability, and health sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Circuit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Circuit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Circuit Comparisons
Competitors of Circuit
Circuit 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 Freebee, Beep, Nickel Ride, Electric Cab North America and Downtowner, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based platform for shuttle services via electric vehicles
|
|
| domain | founded_year | HQ Location |
Intracity autonomous shuttles are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Provides an app-based platform for shuttle services using electric vehicles.
|
|
| domain | founded_year | HQ Location |
Delivers electric cab services for urban transport and advertising in Texas cities.
|
|
| domain | founded_year | HQ Location |
Offers customizable software for on-demand and fixed route transit services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Circuit
Frequently Asked Questions about Circuit
When was Circuit founded?
Circuit was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is Circuit located?
Circuit is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Circuit?
Alexander Esposito is the current CEO of Circuit. They have also founded this company.
Is Circuit a funded company?
Circuit is a funded company, having raised a total of $29.26M across 4 funding rounds to date.
What does Circuit do?
Circuit is established as a leading provider of on-demand electric microtransit services. Operations are focused on short trips with significant community impact. Services are customized to complement existing infrastructure in various locations. Partnerships are formed with cities, agencies, special districts, and private entities to enhance mobility. Emphasis is placed on eco-friendly solutions using all-electric vehicles to reduce emissions. Affordable and accessible transportation options are offered, including support for transit deserts and wheelchair-accessible vehicles.
Who are the top competitors of Circuit?
Circuit's top competitors include Beep, Freebee and Nickel Ride.
What products or services does Circuit offer?
Circuit offers Electric Shuttle Service.
Who are Circuit's investors?
Circuit has 8 investors. Key investors include MacKinnon, Bennett & Company, Tribeca Venture Partners, Impact Engine, Citi Impact Fund, and Groundswell Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.