Circuit Raises $11M Series A
Summary
NEW YORK, NY, Circuit, an on-demand, electric shuttle service, closed an $11M Series A financing round, led by Tribeca Venture Partners. Circuit, an on-demand, electric shuttle service, closed an $11M Series A financing round, led by Tribeca Venture Partners. Founded by James Mirras and Alex Esposito in 2011, Circuit is an electric, micro-transit solution. Circuit uses fleets of cars that fulfill the first/last-mile gap thats experienced by municipalities around the world. Since starting the company as a pet-project in their hometown, the business is now operating in cities across NY, FL, CA, NJ, CO, MA, and TX, and has provided over 6M rides without burning an ounce of gas or traveling more than a few miles.
Funding
Amount
$11.0M
Total raised
Date
September 7, 2022
Announcement date
Investors
Video Island
Lead investors
Company
-
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
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