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How Circuit CEO Jack Underwood grew Circuit to $43.6M revenue and 50K customers in 2024.

Developer of route planning system intended to avoid traffic on any route with the intention of saving time. The company's platform optimizes route, predicts what traffic will be like where and when, what time users will be at stops and when users get home it knows how long users spend driving and delivering and calculates reliable estimated time of arrival, enabling users to save time and avoid heavy traffic which may cost them their productivity., Profitable, Yes.

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Circuit Revenue

In 2024, Circuit's revenue reached $43.6M. The company previously reported $35.7M in 2023. Since its launch in 2018, Circuit has shown consistent revenue growth.

Circuit Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M2018201920202021202220232024$0$2M$10M$36M$44MSource: GetLatka.com
YearMilestone
2024Circuit Hit $43.6m revenue in October 2024
2023Circuit Hit $35.7m revenue in November 2023
2022Circuit Hit $10m revenue in November 2022
2022Circuit Hit $10m revenue in May 2022
2021Circuit Hit $2.4m revenue in November 2021
2021Circuit Hit $2.4m revenue in April 2021
2018Launched with $0 revenue

Circuit Valuation, Funding Rounds

Circuit has not publicly disclosed its valuation. The company has raised $300K in total funding to date.

Circuit has raised $300K in total funding across 1 round, with its most recent round in 2022.

Circuit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$75K$150K$225K$300K$375K201820192020202120222018 cumulative: $0 • 2018 Founded: $02022 cumulative: $300K • 2018 Founded: $0 • 2022 Funding round: $300K$300K2018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Funding round$300K--

Circuit Employees & Team Size

Circuit employs approximately 58 people as of 2026, up from 47 in 2023.

Circuit has 58 total employees in different roles and functions and 1 sales reps that carry a quota. They have 50K customers that rely on the company's solutions.

Circuit Team GrowthReported headcount over time013253850632018201920202021202220232024005858Source: GetLatka.com
YearMilestone
2024Reached 58 employees (December 2024)
2024Reached 53 employees (March 2024)
2023Reached 47 employees (November 2023)
2023Reached 47 employees (September 2023)
2023Reached 43 employees (January 2023)
2022Reached 15 employees (November 2022)
2022Reached 15 employees (May 2022)
2022Reached 33 employees (January 2022)
2021Reached 23 employees (November 2021)
2021Reached 23 employees (August 2021)
2021Reached 28 employees (April 2021)
2020Reached 16 employees (November 2020)

Founder / CEO

Jack Underwood

Jack Underwood is listed as Founder / CEO at Circuit.

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Frequently Asked Questions about Circuit

What is Circuit's revenue?

Circuit generates $43.6M in revenue.

Who founded Circuit?

Circuit was founded by Jack Underwood.

Who is the CEO of Circuit?

The CEO of Circuit is Jack Underwood.

How much funding does Circuit have?

Circuit raised $300K.

How many employees does Circuit have?

Circuit has 58 employees.

Where is Circuit headquarters?

Circuit is headquartered in London, England, United Kingdom.

Compare Circuit to the industry

Circuit operates across multiple industries. Browse revenue, funding, and growth data for Circuit in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .