Shop Circle is a leading provider of AI-powered B2B software solutions to help entrepreneurs and retailers streamline their online and offline sales. Specializing in the Shopify ecosystem, the company offers tools that enhance customer engagement, optimize operations, and drive conversions. By seamlessly integrating with Shopify, Shop Circle extends the platform’s native capabilities, addressing the unique challenges faced by independent brands. Its solutions empower businesses to scale efficiently, automate key processes, and improve overall store performance. Committed to innovation, Shop Circle continues to refine its technology, providing merchants with the competitive edge needed to thrive in today’s fast-paced e-commerce landscape.
Shop Circle has raised $60 million in a Series B funding round led by Nextalia Ventures with participation from Endeavor Catalyst, NFX, QED Investors, 645 Ventures, 3VC, CDP Venture Capital, The Techshop, Primo Capital, GS Futures, and i80 Group.
Shop Circle, London, England, United Kingdom, was founded in 2021 by Gian Maria Gramondi and Luca Cartechini. Shop Circle operates globally, supporting e-commerce brands across various markets. "Sustaining growing profitability for two consecutive years while achieving exceptional revenue growth underscores the value we consistently deliver to our customers," said Luca Cartechini, CEO and co-founder of Shop Circle. "Artificial intelligence is becoming increasingly accessible and deeply integrated into software. The declining cost of computing and the advancement of open-source models are transforming the industry, enabling us to innovate faster and deliver even greater value to our customers. This funding empowers us to accelerate our growth trajectory, with the goal of doubling revenues again over the next 12 months and reinforcing our position as a leader in the B2B software space."
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