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Entrepreneurship13 min read

16 acquisitions. 150,000 clients. The Shop Circle model explained

At 28, Luca Cartechini left a well-paid London banking career with no salary guarantee, no investors lined up and no company website. Four years and 16 acquisitions later, Shop Circle serves 150,000 businesses, runs at 30% operating margin and has raised nearly $150M.

By N NovaNova Recruiter Blog
16 acquisitions. 150,000 clients. The Shop Circle model explained

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Originally published by Nova Recruiter Blog on Mar 23, 2026.

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