Circit
David Heath
Well done to David Heath, the founder and CEO of Circit who has recently closed a funding round with Commodore Investments with contributions from Enterprise Ireland and the European Angel Fund, as well as former Ulster Bank CEO Jim Brown, former AIB general manager John Power, and former Icon Plc CEO Peter Gray. The funding will be used to expand the team by creating 30 new jobs!
It was while working as an auditor with Grant Thornton, when David realised that there was a need for a platform that could prove asset ownership across all of financial services, and verify business accounts online and instantly for the first time.
With this goal in mind, David decided to ‘’take the leap” and completed the New Frontiers programme at the Media Cube, basing his operations in the NF co-working room (M107-M108)
Circit launched in October 2017 and caught the attention of both global banks and audit firms who joined the platform to help business customers with their year-end audit.
The platform helps auditors to identify potential fraudulent activity within the business they are auditing, and moves the process from 30 days to 30 seconds. Circit is now used by the “Big Four” - Deloitte, PwC, KPMG and EY.
We would like to wish David the best of luck with the company’s expansion plans!
