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Shop Circle Expands Partnership with i80 Group, Secures $100M Credit Facility to Accelerate AI-powered Enterprise Software Acquisitions
London, UK – December, 3rd – Shop Circle today announced an expanded partnership with i80 Group, increasing its credit facility to $100 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.
“i80 Group has been a great partner, and this expansion reflects the performance
of our portfolio and the trust built between our teams,” said Luca Cartechini, Co-Founder and CEO of Shop Circle. “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.”
“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,” said Peter Frank, Managing Director of i80 Group."While many acquirers depend on short-term optimization, 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.”
“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.” said Robin Hardt, CFO of Shop Circle. “The facility supports our pipeline of high-quality acquisitions and ensures we maintain an efficient, resilient capital structure as we scale.”
"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 modernize at the pace required as AI rewrites the rules of what software can do. The platform we are building solves for that", said Gian Maria Gramondi, Co-Founder and COO of Shop Circle.
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.
About Shop Circle
Shop Circle is a global AI-powered software platform acquiring and scaling enterprise software products. Powered by world-class engineering and AI infrastructure, Shop Circle operates a growing ecosystem of mission-critical tools used by over 165,000 companies worldwide.
About i80 Group
i80 Group is an SEC-registered, global investment firm that was founded in 2016. The firm provides asset-based credit that helps companies scale through critical growth milestones. i80 Group manages approximately $2bn, with headquarters in New York and an office in London. For more information, please visit www.i80group.com.