About Cricut
Cricut is a company based in South Jordan (United States) founded in 1962. It operates as a Direct-to-Consumer (D2C), and Subscription Services. The company has 640 employees as of December 31, 2024. Cricut offers products and services including Cricut Maker 3, Cricut Explore 3, Cricut Joy, and Design Space.
- Headquarter South Jordan, United States
- Employees 640 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Cricut, Inc.
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Annual Revenue
$712.54 M-6.88as on Dec 31, 2024
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Net Profit
$62.83 M17.14as on Dec 31, 2024
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EBITDA
$106.01 M6.24as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
640
as on Dec 31, 2024
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IPO & Listings of Cricut
Cricut is a publicly listed company on the NASDAQ with ticker symbol CRCT in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cricut
Cricut offers a comprehensive portfolio of products and services, including Cricut Maker 3, Cricut Explore 3, Cricut Joy, and Design Space. 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.
Ultimate machine for cutting wood, metal, and leather.
Machine for creating vinyl decals, stickers, and cards.
Compact machine for everyday projects like cards and labels.
App for designing and personalizing creative crafting projects.
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Sales and Marketing
43 people
Leadership Team
13 people
Software Development Team
13 people
Operations Team
12 people
Finance and Accounting
11 people
Senior Team
9 people
Contributing Team
9 people
Product Management Team
6 people
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Funding Insights of Cricut
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cricut
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cricut
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cricut Comparisons
Competitors of Cricut
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cricut
Frequently Asked Questions about Cricut
When was Cricut founded?
Cricut was founded in 1962.
Where is Cricut located?
Cricut is headquartered in South Jordan, United States. It is registered at South Jordan, Utah, United States.
How many employees does Cricut have?
As of Dec 31, 2024, the latest employee count at Cricut is 640.
What is the annual revenue of Cricut?
Annual revenue of Cricut is $712.54M as on Dec 31, 2024.
What does Cricut do?
Cricut is known for manufacturing smart cutting machines and providing design software like Design Space to enable personalized crafting. Various materials such as paper, vinyl, and wood are supported by their machines for creating custom projects. Solutions are offered for DIY enthusiasts and professional crafters across personal and home decor sectors. A subscription service, Cricut Access, is provided to unlock additional design resources and tools.
What products or services does Cricut offer?
Cricut offers Cricut Maker 3, Cricut Explore 3, Cricut Joy, and Design Space.
Is Cricut publicly traded?
Yes, Cricut is publicly traded on NASDAQ under the ticker symbol CRCT.
What is Cricut's ticker symbol?
The ticker symbol of Cricut is CRCT on NASDAQ.