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Sircles

Operating

Sircles Media, Inc.

Media & Entertainment · Founded 2019

The Social Recommendations App Designed To Destroy Yelp!

Valuation cap ⓘ
$30.0M
As of Apr 2024 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$7,412,568
Crowd $6.5M · Private $870K · 9 rounds since 2019
Latest share price
$0.84
Reg CF Offering (2025-12-29) offering price

Financials

FY2018–FY2025 · from SEC filings · hover any figure for its source
$0
−$25
2018
$0
−$544K
2019
$0
−$462K
2020
$0
−$1.4M
2021
$0
−$1.3M
2022
$0
−$1.3M
2023
$107K
−$2.1M
2024
$70K
−$2.0M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed
FY2020
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025
Income statement
Revenue
$0
$0
$0
$0
$0
$0
$106,513
$70,348
Cost of goods sold
$0
$0
$0
$0
$0
$0
$53,694
$36,664
Gross margin
—
—
—
—
—
—
50%
48%
Net income
-$25
-$543,830
-$461,953
-$1,380,763
-$1,265,533
-$1,292,781
-$2,144,615
-$2,014,997
Taxes paid
$0
$800
$1,468
$2,041
$1,660
$2,450
$1,650
$1,650
Balance sheet
Cash
$85
$94,997
$1,118,425
$818,919
$877,813
$472,547
$760,102
$9,252
Accounts receivable
$0
$29,154
$0
$0
$982
$27,658
$10,310
$685
Total assets
$35,095
$159,997
$1,185,796
$1,352,852
$1,756,033
$599,405
$867,828
$84,409
Short-term debt
$0
$38,198
$129,184
$90,264
$87,812
$119,395
$148,785
$137,990
Long-term debt
$35,000
$100
$1,310,930
$2,767,544
$4,332,475
$4,362,375
$6,667,139
$7,725,092
Total liabilities
$35,000
$38,298
$1,440,114
$2,857,808
$4,420,287
$4,481,770
$6,815,924
$7,863,082
Other
Headcount
—
5
15
9
11
13
7
1

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
$12.5M
pre-money
$23.0M
Valuation cap
$30.0M
Valuation cap
$7.2M
est. pre-money
Reg CF · SAFE · Oct 2020
Reg CF · SAFE · Mar 2021
Reg CF · SAFE · Dec 2023
Reg CF · Preferred · Dec 2025

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Cap table

Share counts as of Dec 31, 2025
ClassOutstandingVotes / shareShare of totalVotesLast price
Class A Common Stock8,600,00010100.0%100.0%—

Shares outstanding over timein today's share terms

17M8.6M0
Dec 2020Dec 2025
Class A Common StockSeries Seed Preferred StockRound opened

Principal holders% as the filing states it, Apr 29, 2026

  • John Worthington8,600,000 Class A Common Stock88.0%of votes
  • Everyone else (not named in filings)12.0%

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 · SAFE · Apr 2025Closedvia WeFunder
Raised $1.1M / $3.9M
Raised $0 / $3.9MEst. pre-money $7.2M
Reg CF · SAFE · Dec 2023Closedvia WeFunder
Raised $1.7M / $5MInvestors 1,519Valuation cap $30M
Reg CF · SAFE · Mar 2021Closedvia WeFunder
Raised $2.7M / $1.1MInvestors 3,645Valuation cap $23M
Reg CF · SAFE · Oct 2020Closedvia WeFunder
Raised $1.1M / $1.1MInvestors 1,969Post-money $13.6M

Team

5 people
John D WorthingtonFounder
Co-Founder, CEO
Michael B Nashick
Chief Financial Officer
Todd M Fiore
CIO, President
Ian J Reeder
Secretary
Jordan K Baldwin
Board Member

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 required3+ reports filed & assets ≤ $10M

Filed 6 of 6 annual reports (FY2020–FY2025)

3,645 investors
holder-count proxy

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

  • Form C-ARApr 29, 20260001781973-26-000002
    EDGAR
  • Form C-WMar 26, 20260001781973-26-000001
    EDGAR
  • Form CDec 29, 20250001781973-25-000005
    EDGAR
  • Form C-UDec 16, 20250001670254-25-000843
    EDGAR
  • Form C/AMay 16, 20250001670254-25-000584
    EDGAR
  • Form C-ARApr 29, 20250001781973-25-000001
    EDGAR
  • Form CApr 8, 20250001670254-25-000313
    EDGAR
  • Form C-ARApr 25, 20240001781973-24-000001
    EDGAR
Source: ManualCIK 0001781973Share price $0.84

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.