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Luca Cartechini

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How Shop Circle Reached $45M ARR by May 2026 After $10M Profit at a 35% EBITDA Margin in 2025 (Interview with CEO Luca Cartechini)

Luca Cartechini (Co-Founder and CEO of Shop Circle) spoke to Nathan Latka on May 19, 2026.

Shop Circle figures from the interview

ARR (May 2026)
$45M
ARR (end of 2025)
$30M
EBITDA Margin (2025)
35%
EBITDA (2025)
$10M
Acquisitions Closed (through 2025)
15
“we are technology holding right so ⁓ everything we do is around software So we never acquire the brand It's like the easiest way to define it. Nathan would be an AI native holding acquiring and scaling mission critical software.”
“we don't have an exit for these companies, we buy and hold them forever is important, like to keep the profitability as well and to extract profitability from the acquisitions over time.”
“our goal, Nathan is like to land between 60 to 70 million ARR. And we are on a good track. So in the first half we are the half of the revenue that we need to get there”

Read the interview →

Company

Shop Circle

London, United Kingdom · Founded 2021

Revenue
$45M
Funding
$9M
Team size
251
Customers
15

Company profile →CEO interview →