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Circuit Raises $17M in Series B for Expansion and Enhancement of Microtransit Services
Feb 13, 2025•over 1 year ago
Contract Type
partnership
West Palm BeachTransportationDescription
Circuit has secured $17M in Series B funding from MKB and existing investors for the expansion of its last-mile shuttle systems. The investment will support the company’s expansion, the enhancement of its proprietary tech platform, and the strengthening of partnerships with cities, properties, and businesses.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months