# Circle: portfolio, investments and team

> Circle is a hedge fund based in United States. 13 investments on record, 1 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/circle (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Circle

Last cheque observed Feb 2026; 13 cheques on record.

Deploying now New fund $51M, Jul 2020 Hedge fund

Seed Series B Pre-seed Mobile Apps Property Management Real Estate

Deploying now

**20%** of best year **1** **cheques in 12 months**, 13 on record

Since the last cheque **243** days **00** hrs **00** min **00** sec

Median round **$14M** Rounds led **0 of 13** Mostly in **United States, 50%**

Pitch Circle

Another investor of this name exists, and we could not establish from the rounds which of them the press meant. Treat the record below as possibly belonging to either. [Tell us which](https://millionrounds.com/corrections?slug=circle) if you know.

## Circle highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series B: 80% of its rounds

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2016-07 From their own website

- **Type:** Hedge fund (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Mobile Apps Property Management Real Estate
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **13 appearances**

- **2026** 1 round
- **Feb** **[WafR](https://millionrounds.com/company/wafr)** Seed · MA · Disrupt Africa **$4.0M** With 8 others
- **2025** 3 rounds
- **Apr** **[Sprive](https://millionrounds.com/company/sprive)** Seed · GB · TechCrunch **$7.4M** With 4 others
- **Apr** **[Blackbird](https://millionrounds.com/company/blackbird)** Series B · US · AlleyWatch **$50M** With 7 others
- **Mar** **[Abound](https://millionrounds.com/company/abound)** Seed · IN · TechCrunch **$14M** With 2 others
- **2024** 2 rounds
- **Dec** **[Avara](https://millionrounds.com/company/avara)** TechCrunch **$31M** With 19 others
- **Oct** **[Scale](https://millionrounds.com/company/scale)** Pre-seed · ZA · Disrupt Africa **$700K** With 4 others
- **2019** 2 rounds
- **Sept** **[Tipi](https://millionrounds.com/company/tipi)** AU · Phocuswire **$3.0M** With 1 other
- **Apr** **[Hum Nutrition](https://millionrounds.com/company/hum-nutrition)** Series B · US · Riz7 **$15M** With 4 others
- **2018** 2 rounds
- **Jun** **[Honest Buildings](https://millionrounds.com/company/honest-buildings)** Series B · US · FinSMEs **$30M** With 16 others
- **May** **[REBBL](https://millionrounds.com/company/rebbl)** US · Prnewswire **$20M** With 2 others
- **2017** 1 round
- **Oct** **[Honest Building](https://millionrounds.com/company/honest-building)** Series B · US · FinSMEs **$13M** With 10 others
- **2015** 1 round
- **Jun** **[Tava Indian Kitchen](https://millionrounds.com/company/tava-indian-kitchen)** Series A · US **$4.5M** With 4 others
- **2013** 1 round
- **Jul** **[Social Pulse](https://millionrounds.com/company/social-pulse)** Seed · AU **$250K** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **7 named**

AG **Alexander Goulden** Director i Filing they signed

CS **Craig Shapiro** Executive Officer of Circle Lane GP LLC, the General Partner i Filing they signed

EA **Eliav Assouline** Executive Officer, Director i Filing they signed

IS **Inderjit Singh** Director i Filing they signed

SF **Sabrina Foster** Director i Filing they signed

SF **Steven Farber** Executive Officer of Circle Lane GP LLC, the General Partner i Filing they signed

TP **Thomas Parsons, Jr.** Director i Filing they signed

We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

New fund on file

**$51M**

raised in Jul 2020

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series B Pre-seed

Median round joined **$14M** the round, not its cheque

Led 0 of 13 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Feb 2026

Rounds by stage said on their site

- Seed *4*
- Series B *4*
- Pre-seed *1*
- Series A *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Circle Up](https://millionrounds.com/fund/circle-up) 3
- [Bienville Capital](https://millionrounds.com/fund/bienville) 2
- [Brookfield Property](https://millionrounds.com/fund/brookfield-property) 2
- [C-III](https://millionrounds.com/fund/c-iii) 2
- [First Circle Capital](https://millionrounds.com/fund/first-circle-capital) 2
- [Greensoil Building](https://millionrounds.com/fund/greensoil-building) 2

**Pitching Circle?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Circle. A count of rooms they were both in, not a relationship either has claimed.

[**Circle Up** Hedge fund **3** rounds together](https://millionrounds.com/fund/circle-up)[**Bienville Capital** Family office **2** rounds together](https://millionrounds.com/fund/bienville)[**Brookfield Property** Growth equity **2** rounds together](https://millionrounds.com/fund/brookfield-property)[**C-III** Growth equity **2** rounds together](https://millionrounds.com/fund/c-iii)[**First Circle Capital** VC firm **2** rounds together](https://millionrounds.com/fund/first-circle-capital)[**Greensoil Building** Growth equity **2** rounds together](https://millionrounds.com/fund/greensoil-building)[**RiverPark Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/riverpark-ventures)[**RockPort Capital** VC firm **2** rounds together](https://millionrounds.com/fund/rockport-capital)[**Rudin Ventures** Family office **2** rounds together](https://millionrounds.com/fund/rudin-ventures)[**The Westly Group** VC firm **2** rounds together](https://millionrounds.com/fund/westly-group)[**Thrive Capital** Accelerator **2** rounds together](https://millionrounds.com/fund/thrive-capital)

## Recently backed

The latest companies Circle put money into.

[**WafR** $4.0M · Feb 2026](https://millionrounds.com/company/wafr)[**Sprive** $7.4M · Apr 2025](https://millionrounds.com/company/sprive)[**Blackbird** $50M · Apr 2025](https://millionrounds.com/company/blackbird)[**Hum Nutrition** $15M · Apr 2019](https://millionrounds.com/company/hum-nutrition)[**Honest Buildings** $30M · Jun 2018](https://millionrounds.com/company/honest-buildings)

## Quick answers about Circle

### What does Circle invest in?

Circle invests most often at Seed and Series B (80% of the rounds on record), in sectors such as Mobile Apps, Property Management and Real Estate.

### How active is Circle?

13 investments on record, 1 of them in the last 12 months. The most recent was in Feb 2026.

### What has Circle invested in recently?

Its most recent investments on record: WafR (Seed, Feb 2026), Sprive (Seed, Apr 2025) and Blackbird (Series B, Apr 2025).

### How big are Circle's cheques?

The median round it joins is $14M.

### Does Circle lead rounds?

Rarely, if at all: none of its 13 investments on record names it as the lead.

### Where does Circle invest?

Most of the companies it backs are in the United States (50%), Australia (17%) and Morocco (8%).

### Is Circle investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Circle invest alongside?

Most often Circle Up (3 rounds together), Bienville Capital (2 rounds together) and Brookfield Property (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=circle) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=circle)
