CircleCI Reaches $1.7 Billion Valuation with $100 Million in New Financing

CircleCI Reaches $1.7 Billion Valuation with $100 Million in New Financing

SAN FRANCISCO -- May 11, 2021 -- CircleCI, the leading continuous integration and continuous delivery (CI/CD) platform, today announced it has closed $100 million in Series F financing. CircleCI has raised $315.5 million since 2011, with this latest round bringing the company's valuation to $1.7 billion. 

This round was led by Greenspring Associates with participation from Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold Ventures, Scale Venture Partners, Owl Rock Capital, and Next Equity Partners. 

"This new capital will allow us to double down on our focus: offering a best-in-class CI/CD platform to increase developer productivity," said Jim Rose, CEO, CircleCI. "It also opens doors for business growth opportunities in three areas that we see as the next frontier of software development: continuous validation, data and insights, and managing software complexity." 

Research proves that software tools like CircleCI - those that enable greater productivity, visibility, and coordination, are the top contributor to business success. CircleCI helps one million developers and growing to rapidly release code they trust by automating the build, test, and delivery process. As nearly every company in every industry becomes software-based, the pace of change is set to increase. 

"CircleCI's leading CI/CD platform addresses a critical need for business success in today's digital-first world. Nobody knows developers quite like CircleCI does, and their ability to empower developers to validate change in increasingly complex software delivery environments is unmatched," said John Avirett, General Partner, Greenspring Associates. "We invest in leading-edge companies that help their customers work better and deliver value faster and are thrilled to be part of CircleCI's next phase of growth."

Stacey Epstein, known for her involvement in iconic Software-as-a-Service brands, will also join CircleCI's board of directors.

"I've been in the enterprise software industry for years and can tell what makes a winning company at this stage. CircleCI has that special combination of massive opportunity and an incredibly strong leadership team that can execute," says Stacey Epstein, CMO, Freshworks, and newest member of CircleCI's board of directors. "With experienced veterans from Netflix, SAP, RetailNext, and others — CircleCI is well-positioned to continue on its impressive trajectory, and I look forward to helping make an impact."

The round comes at the same time as CircleCI's acquisition of release orchestration platform, Vamp, further propelling the leading CI/CD provider to help the world's engineering teams automate software delivery at scale. 

Since CircleCI's $100 million Series E in April 2020, the company has demonstrated strong momentum including:

For more information, read this blog and visit:

About CircleCI

CircleCI is the leading continuous integration and delivery platform for software innovation at scale. With intelligent automation and delivery tools, CircleCI is used by the world's best engineering teams to radically reduce the time from idea to execution. The company has been recognized as an innovative leader in cloud-native continuous integration by independent research firms and industry awards like the DEVIES, Forbes' Best Startup Employers of the Year, and Deloitte's Technology Fast 500™.

Founded in 2011 and headquartered in downtown San Francisco with a global, remote workforce, CircleCI is venture-backed by Greenspring Associates, Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold Ventures, Scale Venture Partners, Owl Rock Capital, Next Equity Partners, Heavybit and Harrison Metal Capital. Learn more at