When was Sherpa founded?

Sherpa was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Sherpa located?

Sherpa is headquartered in Palo Alto, United States. It is registered at Palo Alto.

Who is the current CEO of Sherpa?

Xabi Uribe Etxebarria of Sherpa. They have also founded 1 company.

How many employees does Sherpa have?

As of Dec 31, 2021, the latest employee count at Sherpa is 23.

Is Sherpa a funded company?

Sherpa is a funded company, having raised a total of $34.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 22, 2013.

When was the latest funding round of Sherpa?

Sherpa's latest funding was a $***** Series B round on Jul 06, 2026, with participation from 3 investors.

Where does Sherpa rank among its competitors?

Sherpa ranks 5th amongst 31 active competitors, of which 9 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Sherpa, which secured $18M in Jul, 2026.

Who are the top competitors of Sherpa?

Sherpa's top competitors include Flower, Integrate and FLock. Among them, Sherpa secured the most recent funding round in July, 2026.

Sherpa - 2026 Company Profile, Team, Funding & Competitors

Sherpa is a series B company based in Palo Alto (United States), founded in 2012 by Xabi Uribe Etxebarria. It operates as a Cloud-based federated learning platform for enterprises. Sherpa has raised $34.7M in funding from Mundi Ventures and ForgePoint Capital. The company has 31 active competitors, including 9 that are funded. Its top competitors include companies like Flower, Integrate and FLock.

Company Details

Cloud-based federated learning platform for enterprises. It develops AI algorithms for predictive conversational digital assistants. Its AI assistants are integrated into multiple devices, and provides a multi-purpose recommendation system for news, music, and filtering important emails.

Website: sherpa.ai
Registered Address: Palo Alto

Key Metrics

Founded Year

2012

Location

Palo Alto, United States

Stage

Series B

Total Funding

$34.7M in 5 rounds

Latest Funding Round

Series B, Jul 06, 2026, $*****

Investors

Mundi Ventures & 6 more

Ranked

5^th among 31 active competitors

Employee Count

23 as on Dec 31, 2021

Similar Companies

Modal & 39 more

View Sherpa's full profile

Sherpa is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Sherpa, Inc CIN: 20-5349627 , United States, Active	Dec 31, 2011	-	23 (As on Dec 31, 2021)	-

Sherpa has raised a total funding of $34.7M over 5 rounds. Its first funding round was on Mar 22, 2013. Its latest funding round was a Series B round on Jul 06, 2026 for $*****. 3 investors participated in its latest round. Sherpa has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Sherpa:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 06, 2026	9045411	Series B	6234960	6710068	9158648	5499103
Jan 23, 2019	7560621	Series A	3536666	9968101	4315685	Alex Cruz
Oct 01, 2018	6640507	Grant (prize money)	8145544	3022501	8487696	Europa

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View details of Sherpa's funding rounds and investors

The founders of Sherpa is Xabi Uribe Etxebarria. Xabi Uribe Etxebarria is the CEO of Sherpa.

Here are the details of Sherpa's key team members:

Xabi Uribe Etxebarria: Founder & CEO of Sherpa.
Contact Info: 1 email address

View details of Sherpa's Founder profiles and Board Members

Sherpa's employee count trend

Sherpa has 23 employees as of Dec 21. The total employee count is 32.0% lower than what it was in Dec 20. Here is Sherpa's employee count trend over the years:

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Top competitors of Sherpa include Flower, Integrate and FLock. Here is the list of Top 10 competitors of Sherpa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flower 2023, Hamburg (Germany), Series A	ML framework for federated learning	$24.1M	Felicis Ventures, Y Combinator & 7 others	61/100
2nd	Integrate 2017, Toronto (Canada), Series A	Provider of a federated AI platform for data evaluation solutions	$39.6M	Georgian, Real Ventures & 6 others	60/100
3rd	FLock 2022, London (United Kingdom), Seed	Provider of a decentralized AI training and model-sharing platform based on blockchain technology	$11M	Digital Currency Group, Tagus Capital & 11 others	54/100
4th	Apheris 2019, Berlin (Germany), Series A	Provider of data analytics solutions for life science industry	$20.8M	Octopus Ventures, OTB Ventures & 17 others	49/100
5th	Sherpa 2012, Palo Alto (United States), Series B	Cloud-based federated learning platform for enterprises	$34.7M	ForgePoint Capital, Mundi Ventures & 5 others	48/100
6th	Bit Fount 2019, London (United Kingdom), Series A	Cloud and AI based data science paltform	$13M	Ahren, Speedinvest & 8 others	47/100
7th	FedML 2020, Los Angeles (United States), Seed	Provider of an open-source MLOps platform for research	$11.5M	Camford Capital, LDV Partners & 10 others	37/100
8th	Devron 2020, North Brunswick (United States), Deadpooled	Provider of machine learning and data science platform	$15M	Tiger Global Management, FinTech Collective ... & 3 others	33/100
9th	Katulu 2018, Hamburg (Germany), Unfunded	Katulu Federated Learning - AI in harmony with data privacy \| Katulu	-	-	32/100
10th	Scaleout 2015, Uppsala (Sweden), Seed	Provider of cloud and AI-based federated learning solutions for training models	-	Almi Invest, UU Invest	32/100