When was Sphera Solutions founded?

Sphera Solutions was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Where is Sphera Solutions located?

Sphera Solutions is headquartered in Chicago, United States. It is registered at 56/57, Floor 5th, Plot 228, Mittal Chamber, Barrister Rajani Patel Marg, Nariman Poi, nt, Mumbai City, Mumbai, Maharashtra, India, 400021.

Which legal entities is Sphera Solutions associated with?

Sphera Solutions is associated with THINKSTEP SOFTWARE ANZ LIMITED and 2 others.

How many employees does Sphera Solutions have?

As of Sep 30, 2024, the latest employee count at Sphera Solutions is 276.

Is Sphera Solutions a funded company?

Sphera Solutions is a funded company, having raised a total of $26.5M across 15 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 18, 2001.

When was the latest funding round of Sphera Solutions?

Sphera Solutions' latest funding was a $***** Series E round on Sep 04, 2025, with participation from 1 investor.

Where does Sphera Solutions rank among its competitors?

Sphera Solutions ranks 9th amongst 1026 active competitors, of which 79 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Sphera Solutions, which secured an undisclosed amount in Sep, 2025.

Who are the top competitors of Sphera Solutions?

Sphera Solutions' top competitors include SafetyCulture, Urbint and Vector Solutions. Among them, Sphera Solutions secured the most recent funding round in September, 2025.

Sphera Solutions - 2026 Company Profile, Funding & Competitors

Q: Is Sphera Solutions an acquired company?

Sphera Solutions got acquired by Blackstone on Jul 06, 2021.

Company Details

Provider of software and consulting for sustainability and operational risk management. The company delivers tools for environmental health and safety, product stewardship, and supply chain risk. It offers software solutions, data, and consulting services for regulatory reporting and performance improvement. The company’s platform helps businesses manage risk and sustainability across their operations.

Website: sphera.com
Social
Phone Number: +1 **********
Registered Address: 56/57, Floor 5th, Plot 228, Mittal Chamber, Barrister Rajani Patel Marg, Nariman Poi, nt, Mumbai City, Mumbai, Maharashtra, India, 400021

Key Metrics

Founded Year

1999

Location

Chicago, United States

Stage

Acquired

Total Funding

$26.5M in 15 rounds

Latest Funding Round

Series E, Sep 04, 2025, $*****

Investors

Cross Continental Ventures & 9 more

Ranked

9^th among 1026 active competitors

Employee Count

276 as on Sep 30, 2024

Investment & Acquisitions

SupplyShift & 9 more

Similar Companies

SafetyCulture & 1092 more

Exit Details

Acquired by Blackstone (Jul 06, 2021)

View Sphera Solutions' full profile

Sphera Solutions is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sphera Solutions Inc CIN: 20161704307 , United States, Active	Oct 20, 2016	-	-	-
SPHERA INDIA PRIVATE LIMITED CIN: U93090MH2016FTC286599 , India, Active	Oct 06, 2016	$11.3M (As on Mar 31, 2025)	276 (As on Sep 30, 2024)
THINKSTEP SOFTWARE ANZ LIMITED CIN: 6200968 , New Zealand, Deadpooled	Jan 20, 2017	-	-

Sphera Solutions got acquired by Blackstone on Jul 06, 2021 at an acquisition amount of $*****.

Click here to take a look at Sphera Solutions's acquisition in detail

Sphera Solutions has raised a total funding of $26.5M over 15 rounds. Its first funding round was on Oct 18, 2001. Its latest funding round was a Series E round on Sep 04, 2025 for $*****. 1 investor participated in its latest round. Sphera Solutions has 10 institutional investors.

Here is the list of recent funding rounds of Sphera Solutions:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2025	9557122	Series E	2142070	9886759	3345985	8559682
Mar 08, 2022	7014667	Series D	9181570	3997686	8247435	4470222
Apr 15, 2021	3761054	Grant (prize money)	4029918	5422501	8269360	Europa

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Sphera Solutions' employee count trend

Sphera Solutions has 276 employees as of Sep 24. The total employee count is 1.0% more than what it was in Sep 23. Here is Sphera Solutions's employee count trend over the years:

Employee count trend for Sphera Solutions

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Top competitors of Sphera Solutions include SafetyCulture, Urbint and Vector Solutions. Here is the list of Top 10 competitors of Sphera Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SafetyCulture 2004, Surry Hills (Australia), Series D	Provider of a platform for workplace operations, safety, and compliance	$298M	Blackbird Ventures, Insight Partners & 41 others	79/100
2nd	Urbint 2015, New York City (United States), Acquired	Platform that offers AI driven datasets and data analysis tools	$144M	Energy Impact Partners, Energize Capital ... & 12 others	69/100
3rd	Vector Solutions 1999, Tampa (United States), Acquired	Online learning platform for commercial, education and public sectors.	$24M	Norwest, Bessemer Venture Partners & 2 others	67/100
4th	AlertMedia 2013, Austin (United States), Series C	Cloud based emergency communication software for businesses	$57.6M	Silverton Partners, JMI Management & 7 others	67/100
5th	WakeCap 2017, Riyadh (Saudi Arabia), Series B	Provider of sensor-powered project-controls system for workforce visibility and intelligence	$32M	UP.Partners, Wa'ed Ventures & 9 others	64/100
6th	Tanso 2020, Munich (Germany), Series A	Provider of sustainability software for CO2 accounting and CSRD reporting	$22.9M	henQ, UVC Partners & 5 others	62/100
7th	Encamp 2002, Indianapolis (United States), Series C	SaaS-based platform for EHS compliance	$59.2M	Allos Ventures, High Alpha & 5 others	61/100
8th	ViAct 2016, Hong Kong (China), Series A	Provider of AI-powered solutions for monitoring workplace safety and task completion	$9.3M	Vectr Ventures, Orbit Ventures & 10 others	60/100
9th	Sphera Solutions 1999, Chicago (United States), Acquired	Provider of software and consulting for sustainability and operational risk management	$26.5M	Cross Continental Ventures, JVP & 8 others	60/100
10th	Kinetic 2014, New York City (United States), Series A	Provider of tech-driven injury reduction programs	$15.8M	Crosslink Capital, Primary Venture Partner ... & 13 others	59/100

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Sphera Solutions has made 2 investments in companies including Galecto Biotech and ElectReon. Sphera Solutions has also acquired 8 companies including SupplyShift and RiskMethods.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 09, 2024	Acquisition	SupplyShift	2012	Santa Cruz (United States)
Sep 13, 2022	Acquisition	RiskMethods	2012	Munich (Germany)
Sep 25, 2020	Investments	Galecto Biotech	2010	Copenhagen (Denmark)