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CIRCLE OPTICS, INC. logo

CIRCLE OPTICS, INC.

Operating

Circle Optics, Inc.

Sports & Recreation · Founded 2017

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World's only stitch-free panoramic multi-camera system

Post-money valuation ⓘ
$20.2M
As of Apr 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$210,333
Across 1 round since 2023
Latest share price
$1.62
Reg CF · Preferred Stock · Feb 2023 offering price

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source
$239K
−$661K
2020
$424K
−$584K
2021
$1.6M
$629K
2022
$1.6M
$519K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022
FY2023
Income statement
Revenue
$238,966
$424,484
$1,620,257
$1,635,320
Cost of goods sold
$153,561
$355,890
$1,253,077
$1,335,821
Gross margin
36%
16%
23%
18%
Net income
-$660,825
-$584,308
$629,355
$518,841
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$50,599
$159,746
$231,637
$49,660
Accounts receivable
$46,041
$24,800
$86,237
$70,181
Total assets
$100,235
$271,490
$393,923
$317,373
Short-term debt
$736,447
$964,419
$1,033,619
$1,241,255
Long-term debt
$655,405
$822,311
$1,227,024
$324,611
Total liabilities
$1,391,852
$1,786,730
$2,260,643
$1,565,866
Other
Headcount
—
11
—
16

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$20.0M
pre-money
Reg CF · Preferred · Feb 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Principal holders% as the filing states it, Apr 29, 2024

  • Zakariya Niazi67.7%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · Preferred Stock · Feb 2023Closedvia WeFunder
Raised $210.3K / $1MInvestors 92Post-money $20.2M

Team

2 people
Zakariya NiaziFounder
Founder, Inventor & CEO
Ian Gauger
Chief Operating Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

92 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-TRApr 29, 20240001957669-24-000003
    EDGAR
  • Form C-ARApr 29, 20240001957669-24-000001
    EDGAR
  • Form CJan 25, 20230001670254-23-000045
    EDGAR
Source: ManualCIK 0001957669Share price $1.62

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.