Circuit Raises $11M Series A
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. Investors included Citi Impact Fund, Impact Engine, Groundswell Ventures, Gaingels, the Los Angeles Cleantech Incubator (LACI) Impact Fund and Forefront 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 that’s experienced by municipalities around the world. The service is made possible by collaborating with municipalities, developers and advertising partners. 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.
Circuit definitely has a lot of potential grow. Congratulation to the entire team on funding.Shishir Gupta CEO & Founder startupalanes
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