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§ Private Profile · New York City, NY, USA
Technology platform for efficient shared ride services, enabling on-demand shuttles for public transit, corporate, community mobility.
Based in an undisclosed location, Circuit provides enterprise technology for efficient shared ride services, enabling on-demand shuttle operations and route-optimized transportation networks. The company's comprehensive software platform assists transportation operators in managing complex daily routes, tracking passenger demand, and coordinating active vehicles in real-time. These specialized mobility solutions are primarily designed to support the logistical requirements of public transit agencies, corporate employee shuttle programs, and localized community transportation providers. By digitizing traditional fleet management and dispatching processes, the system facilitates improved operational efficiency and resource allocation across various shared transit networks. This digital infrastructure allows organizations to deploy dynamic routing capabilities and responsive transit models rather than relying strictly on fixed schedules or manual coordination methods. Information regarding the organization's specific founding year, original founders, recognizable corporate customers, and core financial metrics remains currently undisclosed.
Circuit has raised $29.0M across 3 funding rounds.
Circuit has raised $29.0M in total across 3 funding rounds.
Circuit has raised $29.0M across 3 funding rounds. Most recently, it raised $17.0M Series B in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2025 | $17M Series B | Mackinnon, Bennett & Company | 7BC Venture Capital, Tribeca Venture Partners | Announced |
| Sep 1, 2022 | $11M Series A | — | 7BC Venture Capital, Tribeca Venture Partners | Announced |
| Oct 1, 2018 | $1M Seed | — | Blackhorn Ventures, SOSV, Hudson Valley Startup Fund | Announced |
Circuit Technology Inc (CTI) is a manufacturers' representative and distributor specializing in equipment for the assembly, repair, and cleaning of printed circuit boards (PCBs), serving electronics manufacturers with SMT prototype, production, and test tools.[2][6] Founded in 1994 and based in Merrimack, New Hampshire, the company offers products like stencil printers, 3D solder paste inspection, placement systems, reflow ovens, AOI/X-ray inspection, and rework stations, alongside support items such as soldering equipment, microscopes, and IPC training services.[1][2] With annual revenue around $5-6.6 million and a small team of about 12 employees, CTI focuses on building customer partnerships to enhance manufacturing capabilities, capacity, and profitability in the electronics sector.[1][2][4]
Distinct from related entities like Circuit Technology Center (a rework/repair service since 1979) or Circuit Technology Training Inc. (IPC-focused training), CTI emphasizes equipment distribution and value-added support for PCB assembly processes.[2][3][4][7]
Circuit Technology Inc was founded in 1994 by Bob Doetzer, who drew from his extensive background in electronics manufacturing, sales, and distribution.[2] Doetzer established CTI to address gaps in PCB assembly equipment by evaluating and selecting high-value tools for customers, evolving the business through ongoing market assessment.[2] Early focus centered on core SMT equipment, expanding to a broad line card including printers, inspection systems, ovens, and rework tools, while adding support products and IPC consulting.[2][6]
Key milestones include building a reputation for post-sale support and ROI-driven solutions, as evidenced by customer testimonials praising Doetzer's partnership approach.[2] The company remains led by Doetzer as President, maintaining a lean operation in Merrimack, NH.[1][2]
Circuit Technology rides the wave of surging demand for advanced PCB assembly amid electronics miniaturization, 5G/edge computing, IoT proliferation, and high-reliability needs in automotive, aerospace, and consumer devices.[2][3] Timing aligns with post-pandemic supply chain shifts favoring U.S.-based distributors for faster sourcing and reduced geopolitical risks, benefiting NAICS 334 (electronics manufacturing) players.[1] Market forces like labor shortages and skill gaps amplify CTI's role in equipping firms with automated inspection (AOI/AXI) and rework tools, while IPC training addresses certification mandates.[2][6][7]
CTI influences the ecosystem by enabling smaller manufacturers to scale SMT capabilities, attract business through improved quality/profitability, and compete with giants via accessible, high-ROI equipment—supporting the resurgence of domestic electronics production.[2]
CTI's niche focus positions it for steady growth as PCB complexity rises with AI hardware, EVs, and flexible electronics, potentially expanding via partnerships in emerging tech like microelectronics or additive manufacturing.[2][6] Trends like automation and sustainability (e.g., lead-free processes, aqueous cleaning) will shape its trajectory, with opportunities in high-mix/low-volume prototyping for startups.[2] Influence may evolve through deeper IPC integration or digital twin-enabled equipment, solidifying its role as a profitability partner in a fragmenting supply chain—echoing its origin as a solutions provider in electronics manufacturing.[2][6]
Circuit has raised $29.0M in total across 3 funding rounds.
Circuit's investors include MacKinnon, Bennett & Company, 7BC Venture Capital, Tribeca Venture Partners, Blackhorn Ventures, SOSV, Hudson Valley Startup Fund.