What is Circuit?
Founded in 2011 by James Mirras and Alex Esposito, Circuit operates at the intersection of urban mobility and sustainable infrastructure. The company provides a specialized fleet of electric vehicles designed to solve the persistent first/last-mile connectivity challenges faced by cities worldwide. By integrating its services with municipal transit networks, real estate developers, and strategic advertising partners, Circuit creates a symbiotic ecosystem that reduces congestion while providing efficient, eco-friendly transit options. The company's market position is defined by its ability to transform urban mobility through a data-driven, collaborative approach that aligns public transit goals with private sector innovation.
How much funding has Circuit raised?
Circuit has raised a total of $28M across 2 funding rounds:
Series A
$11M
Series B
$17M
Series A (2022): $11M with participation from Citigroup, Impact Engine, Tribeca Venture Partners, and Groundswell Ventures
Series B (2025): $17M led by MacKinnon , Bennett, Impact Engine, and Tribeca Venture Partners
Key Investors in Circuit
MacKinnon , Bennett
MKB is an investment firm specializing in providing growth capital to high-impact companies focused on accelerating the decarbonization of the global economy, with a specific emphasis on clean energy and mobility solutions.
Impact Engine
Impact Engine is a venture capital and private equity firm focused on investing in companies that create positive social and environmental impacts, aiming to optimize both financial and social returns.
Tribeca Venture Partners
Tribeca Venture Partners is a multi-stage venture capital firm based in New York that partners with entrepreneurs to leverage emerging technologies and innovative business models to build category-defining companies.
What's next for Circuit?
With the successful closure of its latest funding round, Circuit is poised to scale its micro-transit solutions across new urban markets. The strategic focus will likely center on deepening partnerships with municipal governments to integrate Circuit fleets into existing public transit frameworks, thereby increasing ridership and reducing reliance on personal vehicles. Furthermore, the company is expected to invest in fleet optimization and technological enhancements to its platform, ensuring that its service remains the premier choice for sustainable, short-distance urban travel. As the demand for decarbonized transportation grows, Circuit's ability to execute on its expansion strategy will be critical in maintaining its competitive edge in the evolving mobility-as-a-service landscape.
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