Fundz

Shop Circle Exits Stealth Mode With $65 Million In Funding Led By Nfx And Qed To Become The First Operator Of E-Commerce Tools

Jun 28, 2022

Round Type

Funding Round

LondonSoftwareConsumer Goods

Description

Shop Circle, a technology-driven company that operates e-commerce software, today announced it has raised $65 million in funding. The financing was led by NFX and QED Investors, with participation from 645 Ventures, FirstMinute Capital and Triple Point Capital. Shop Circle, co-founded last year by Luca Cartechini and Gian Maria Gramondi, is officially coming out of stealth mode and will use the funds to help the company scale by growing its portfolio of e-commerce apps and more than doubling its headcount.

Quick answer

Shop Circle raised an undisclosed amount in a Funding Round round, dated June 28, 2022. Shop Circle is based in London, England, United Kingdom.

How much did Shop Circle raise?
Shop Circle raised an undisclosed amount in a Funding Round round on June 28, 2022.
What does Shop Circle do?
Shop Circle is redefining how businesses scale by embedding AI-powered solutions into their operations.
Where is Shop Circle based and how big is it?
Shop Circle is based in London, England, United Kingdom. Fundz records about 251 employees.
Who are the decision-makers at Shop Circle?
Fundz holds 1 contact at Shop Circle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consumer Goods and Software around the same time

Companies in the same sectors as Shop Circle that raised within 45 days of this round, from Fundz verified event records.

  • OpenSpace raised an undisclosed amount (Series D) on August 9, 2022.
  • Halborn raised $90M (Series A) on July 20, 2022.
  • Celus raised $26M (Funding Round) on July 6, 2022.
  • Collage Group raised $25M (Funding Round) on June 29, 2022.
  • Eagle Football Holdings raised an undisclosed amount (Funding Round) on June 24, 2022.
  • Sknups raised $3.5M (Seed) on June 16, 2022.

Who to call at Shop Circle, and when

A new round usually means Shop Circle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Shop Circle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Shop Circle, from your own LinkedIn network

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Company Information

Company

Shop Circle

Location

London, England, United Kingdom

About

Shop Circle is redefining how businesses scale by embedding AI-powered solutions into their operations. We equip companies with intelligent, automation-first tools that optimize workflows, enhance decision-making, and drive sustainable growth. Our suite streamlines operations for over 120,000 businesses globally, from SMBs to enterprises. By leveraging data-driven insights and automation, we empower businesses to sell smarter, operate efficiently, and grow faster.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Shop Circle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Shop Circle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.