Draft:Shop Circle

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Shop Circle
Company typePrivate
IndustryE-commerce, Software development
Founded2021; 3 years ago (2021)
FoundersLuca Cartechini, Gian Maria Gramondi
HeadquartersLondon, UK
Area served
Worldwide
ProductsE-commerce software and apps
Number of employees
260
Websiteshopcircle.co

Shop Circle is a London-based technology company specializing in e-commerce software solutions. It was established in 2021 by Luca Cartechini and Gian Maria Gramondi.[1] [2] The company's focus is on creating tools for online merchants to manage various aspects of their e-commerce operations.[3]

History[edit]

Shop Circle was co-founded in April 2021.[4]The initial funding round of $65 million in equity and debt financing enabled the company to develop its product offerings for the e-commerce industry.[5]

A subsequent funding event in September 2023 resulted in an additional $120 million in capital, aimed at expanding the company's services and customer base.[6]

Products and Services[edit]

Shop Circle's portfolio includes e-commerce applications optimized for integration with the Shopify platform, with functionalities ranging from marketing and sales enhancement to inventory management and customer support improvement. The objective of these applications is to provide integrated solutions for online retailers.[7]

Notable Achievements[edit]

The co-founders of Shop Circle were recognized in the Forbes 30 Under 30 list in Europe for their contributions to e-commerce solutions.[8]

The company's funding rounds, particularly the latest one reported in September 2023, indicate a level of investor confidence in its business model and potential for growth in the e-commerce sector.[9]

References[edit]

  1. ^ "ESCP Alumni Luca Cartechini and Gian Maria Gramondi, founders of Shop Circle, in the European #Forbes30Under30 2022". ESCP Business School. July 13, 2022.
  2. ^ "Shop Circle 'exits stealth mode' with £54m funding". BusinessCloud. July 6, 2022.
  3. ^ "Shop Circle wants to keep Shopify merchants from going 'round and 'round finding apps they need". TechCrunch. June 28, 2022.
  4. ^ "Shop Circle LTD Company Information". Gov.uk.
  5. ^ "Shop Circle Exits Stealth Mode With $65 Million in Funding". Martech Cube. 29 June 2022.
  6. ^ "E-Commerce Software Startup Shop Circle Raises $120 Million To Support Growing Number Of Online Merchants". Forbes. September 6, 2023.
  7. ^ "Shop Circle wants to keep Shopify merchants from going 'round and 'round finding apps they need". Yahoo! Finance. 28 June 2022.
  8. ^ "Forbes 30 Under 30 List". Forbes.
  9. ^ "Shop Circle snags $120 million to fuel AI integration". Axios Pro. September 11, 2023.

Category:E-commerce Category:E-commerce software Category:Software companies Category:Software development Category:Web applications Category:Multinational companies Category:Companies founded in 2021