Circle Internet Overview
- Year Founded
-
2018
- Status
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Acquired/Merged
- Employees
-
15
- Latest Deal Type
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M&A
Circle Internet General Information
Description
Developer of a locally relevant news and information application designed to contribute towards the hyperlocal content ecosystem. The company's application offers local news, prime membership, job updates, regional news, and a community forum, enabling users to receive local updates in their language.
Contact Information
Website
circle.pageCorporate Office
- 1st Floor, Citadel SPD Plaza, Indiranagar
- 52, Jyoti Niwas College Road, Koramangala Industrial Layout, Double Road, Dopanhalli
- Bengaluru, Karnataka 560034
- India
Corporate Office
- 1st Floor, Citadel SPD Plaza, Indiranagar
- 52, Jyoti Niwas College Road, Koramangala Industrial Layout, Double Road, Dopanhalli
- Bengaluru, Karnataka 560034
- India
Circle Internet Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 24-Aug-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 06-Mar-2019 | Completed | Startup | |||
| 2. Seed Round | 01-Sep-2018 | $491K | $491K | Completed | Startup | |
| 1. Secondary Transaction - Private | 14-Aug-2018 | Completed | Startup |
Circle Internet Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary | ||||||||
| Preference | 3,299 | $0.140548 | $145.47 | $145.47 | 1x | $145.47 | 6.6% | |
| Ordinary | 10 | $0.140548 | $145.47 | $145.47 | 1x | $145.47 | 0.02% |
Circle Internet Signals
Circle Internet Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Falcon Partners | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| SAIF Partners | PE/Buyout | Minority | ||
| Venture Highway | Venture Capital | Minority |
Circle Internet FAQs
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When was Circle Internet founded?
Circle Internet was founded in 2018.
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Where is Circle Internet headquartered?
Circle Internet is headquartered in Bengaluru, India.
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What is the size of Circle Internet?
Circle Internet has 15 total employees.
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What industry is Circle Internet in?
Circle Internet’s primary industry is Publishing.
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Is Circle Internet a private or public company?
Circle Internet is a Private company.
-
What is Circle Internet’s current revenue?
The current revenue for Circle Internet is .
-
How much funding has Circle Internet raised over time?
Circle Internet has raised $4.74M.
-
Who are Circle Internet’s investors?
Falcon Partners, , SAIF Partners, and Venture Highway have invested in Circle Internet.
-
When was Circle Internet acquired?
Circle Internet was acquired on 24-Aug-2020.
-
Who acquired Circle Internet?
Circle Internet was acquired by ShareChat.
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