CircleUp Raises $14M Series B, New Firm Enters The Mix

March 28, 2014 @ 11:36 am By Charles Luzar

CircleUp has announced a $14 million Series B round that will introduce a new venture capital firm into their existing mix. Canaan Partners has led the round, which also includes investment from previous CircleUp investors Google Ventures and Union Square Ventures.

This is the second venture investment round for a crowdfunding platform involving Canaan Partners this week alone. Realty Mogul just announced a $9 million Series A round also led by Canaan.

CircleUp is focused on the consumer product space. According to an article in Dealbook, CircleUp CEO and co-founder Ryan Caldbeck says that the money was not necessarily needed to continue operations. The round was welcomed, however, when it became clear that Canaan partner Dan Ciporin would join CircleUp’s board as a result. Ciporin also sits on Lending Club’s board. Lending Club is said to be exploring an IPO for later this year.

CircleUp raised a $7.5 million Series A round in May of 2013.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Number of Filings134Prior 129 +3.9%

Target Raise, Total$3.45BPrior $3.59B -3.8%

	This YTD	Year prior	Change
Filings	134	129	+3.9%
Target raise	$3.45B	$3.59B	-3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes

Article Rating

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments

Newest

Oldest Most Voted