Based in Chicago, it is known for publishing the Smut Peddler line of "lady-centric porn"[2] anthologies and graphic novels, and for its pioneering use of crowd-funding sites such as Kickstarter to finance graphic novel publishing, raising over $1 million in revenue through the platform in its first decade.

Since then, Iron Circus has published both graphic novels and themed anthologies under the "Smut Peddler Presents" banner, including Yes, Roya by Emilee Denich; My Monster Boyfriend; and Sex Machine.

Other books Iron Circus has published include anthologies Sleep of Reason, New World, Tim'rous Beastie, and FTL, Y'All!

Weaver, Letters for Lucardo by Otava Heikkilä, As the Crow Files by Melanie Gillman, Emperor of the Food Chain by David Malki, Crossplay by Niki Smith, and Rice Boy by Evan Dahm.

[11] In March 2020, it was announced that Iron Circus was producing an animated short film based on Tracy J. Butler's Lackadaisy with the original creator involved.