Circit Funding Round

5/18/2022

Venture Equity

$6,800,000

Series A

Circit will use the funds to continue expanding its offering to users on all sides of the platform, and to invest in accelerating the inherent network effects that have been created by global organisations joining as customers.

Private & Independent

FinTech

2nd Floor, Shaftesbury House 151 Shaftesbury Avenue
London, WC2H 8AL
UK

First pitched at a Dublin fintech hackathon hosted by Ulster Bank, Circit had an unlikely start for a team of auditors with an idea. The idea was a platform that could prove asset ownership across all of financial services, and verify business accounts online and instantly for the first time. Launched in October 2017, Circit caught the attention of global banks and auditors who joined the platform to help customers with their year-end audit. The value created was clear and network effects began to appear as auditors invited banks, and vice-versa.