← Latest venture news

Shop Circle secures £75m credit facility from i80 Group to accelerate acquisitions of AI-enabled enterprise software

🔎
Shop Circle
🧑
Luca Cartechini; Gian Maria Gramondi
💰
£75m
🌎
London, United Kingdom
Dec 5, 2025

Shop Circle today announced an expanded partnership with i80 Group, increasing its credit facility to £75 million.

The structured facility gives Shop Circle greater access to capital, enabling the company to scale its product and acquisition strategy with greater speed and efficiency. The facility will fuel an ambitious roadmap, with multiple acquisitions expected to close in the coming months.

Shop Circle continues to expand its portfolio of high-quality B2B software companies across Europe and North America, embedding AI infrastructure, go-to-market capabilities, and world-class talent to scale operations and unlock long-term value.

Since partnering with i80 Group, Shop Circle has accelerated the consolidation of best-in-class enterprise tools by combining access to top talent, advanced AI infrastructure, and a powerful go-to-market engine. Shop Circle currently serves over 165,000 businesses worldwide, helping them work smarter, grow faster, and stay ahead.

Following our Series B equity raise and having proven our execution capabilities over multiple years, we now also benefit from a larger credit facility, which allows us to move decisively on acquiring great B2B software products and scaling them through our AI and GTM infrastructure. As highlighted in our latest report, the opportunity for consolidation is exceptional, and we offer a real alternative for founders seeking scale in an increasingly fragmented market. We’ve already demonstrated this across 16 acquisitions, and our ambition is to build a global leader in the category.
Luca Cartechini, Co-founder & CEO
Shop Circle continues to execute at an exceptional level, and we see them at the forefront of a broader transformation where modern software with applied AI is becoming core to building value in business operations. While many acquirers depend on short-term optimisation, Shop Circle follows a different playbook. Their long-term strategy maintains a company’s heritage while expanding its ambition and scale. They acquire platforms that customers already trust, then embed AI infrastructure and operations talent to build durable growth and enhance customer value, all while preserving each business’s identity. We’re thrilled to expand our partnership and support their next stage of growth.
Peter Frank, MD of i80 Group
This facility gives us more strategic flexibility and reinforces the strength of our partnership with i80 following our Series B announced in September. To date, we have improved acquired companies’ Rule of 40 scores by an average of 1,800 basis points, driven by automation and the discipline of our operating playbook. The facility supports our pipeline of high-quality acquisitions and ensures we maintain an efficient, resilient capital structure as we scale
Robin Hardt, CFO
Across North America and Europe, thousands of software products exist but only a handful ever reach true scale. These founders have spent years earning the trust of their customers, yet most of the time they lack the capital, AI expertise and GTM capabilities to scale and modernise at the pace required as AI rewrites the rules of what software can do. The platform we are building solves for that
Gian Maria Gramondi, Co-founder & COO
POWERED BY