2024 Revenue
$43.6M
Customers
50K
Funding
$300K
YOY
22.2%
Avg ACV
$871
Team
58
Churn
75%
Founded
2018
How Circuit CEO Jack Underwood grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Circuit Hit $43.6m revenue in October 2024 | |
| 2023 | Circuit Hit $35.7m revenue in November 2023 | |
| 2022 | Circuit Hit $10m revenue in November 2022 | |
| 2022 | Circuit Hit $10m revenue in May 2022 | |
| 2021 | Circuit Hit $2.4m revenue in November 2021 | |
| 2021 | Circuit Hit $2.4m revenue in April 2021 | |
| 2018 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Funding round | $300K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Circuit serves 50K customers.
Circuit Employees & Team Size
Circuit employs approximately 58 people as of 2026, up from 47 in 2023, including 1 sales reps that carry a quota. It serves 50K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 58 employees (December 2024) |
| 2024 | Reached 53 employees (March 2024) |
| 2023 | Reached 47 employees (November 2023) |
| 2023 | Reached 47 employees (September 2023) |
| 2023 | Reached 43 employees (January 2023) |
| 2022 | Reached 15 employees (November 2022) |
| 2022 | Reached 15 employees (May 2022) |
| 2022 | Reached 33 employees (January 2022) |
| 2021 | Reached 23 employees (November 2021) |
| 2021 | Reached 23 employees (August 2021) |
| 2021 | Reached 28 employees (April 2021) |
| 2020 | Reached 16 employees (November 2020) |
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Atera
Atera is an IT automation software that provides remote access, billing, reporting, and automation services.
Endsight
IT support provider for clients in California and Hawaii, specializing in helpdesk support, cybersecurity, IT planning and on-site engineering services
SelectHub
Provider of a cloud-based software selection management platform intended to facilitate better purchase decisions. The company's software selection management platform supports a comprehensive set of evaluation stages from requirements gathering to vendor shortlisting, demos and user trials, RFI/RFPs and contract negotiation, enabling stakeholders within information technology, procurement, finance and end-user business units evaluate, select and purchase software products best suited for their needs.
Leland
Leland is a marketplace for ambitious people to access coaching, classes, and community for career and educational goals. It connects users with coaches, providing a vast selection of experts and services tailored to individual needs.
Corporate Traffic
Logistics firm offering asset and non-asset logistics and transportation solutions, including managed LTL, intermodal, drayage, dry van, temperature-controlled and flatbed
range.com
Range is an AI wealthtech platform that provides wealth management and financial advisory services, empowering high earners to manage their money more effectively.
