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 Jun 30, 2026, the latest employee count at Sphera Solutions is 1456.

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 33rd amongst 1481 active competitors, of which 155 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Wysa, which secured $7.25M in Feb, 2026.

Who are the top competitors of Sphera Solutions?

Sphera Solutions' top competitors include Spring Health, SafetyCulture and Calm. Among them, Wysa secured the most recent funding round in February, 2026.

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

33^rd among 1481 active competitors

Employee Count

1,456 as on Jun 30, 2026

Investment & Acquisitions

SupplyShift & 9 more

Similar Companies

SafetyCulture & 1138 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
THINKSTEP SOFTWARE ANZ LIMITED CIN: 6200968 , New Zealand, Deadpooled	Jan 20, 2017	-	-
Sphera Solutions Inc CIN: 20161704307 , United States, Active	Oct 20, 2016	-	-	-
SPHERA INDIA PRIVATE LIMITED CIN: U93090MH2016FTC286599 , India, Active	Oct 06, 2016	₹50 - ₹100 Cr (As on Mar 31, 2025)	276 (As on Sep 30, 2024)

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	2282641	Series E	7831089	6426046	7824653	1783717
Mar 08, 2022	1249175	Series D	8372509	6495108	2620012	8499370
Apr 15, 2021	7192248	Grant (prize money)	7183154	6771082	1881356	Europa

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View details of Sphera Solutions's funding rounds and investors

Sphera Solutions' employee count trend

Sphera Solutions has 1,456 employees as of Jun 26. 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 Spring Health, SafetyCulture and Calm. 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	Spring Health 2016, New York City (United States), Series E	Tech enabled mental healthcare solutions and health plans for employers	$474M	Rethink Impact, Northzone & 31 others	81/100
2nd	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
3rd	Calm 2012, San Francisco (United States), Series C	Digital wellness platform	$225M	Lightspeed Venture Partners, Insight Partners ... & 64 others	79/100
4th	Lyra Health 2015, Burlingame (United States), Series F	Provider of AI-powered mental health benefits for employers	$915M	Addition, Glynn Capital & 37 others	74/100
5th	Headspace 2010, Santa Monica (United States), Series C	Provider of mental health support services via application and human care	$178M	Blisce, JAZZ Venture Partners & 50 others	72/100
6th	Thrive Global 2016, New York City (United States), Series C	Provider of mental wellbeing coaching platform for enterprises	$130M	WndrCo, Kleiner Perkins & 37 others	71/100
7th	Urbint 2015, New York City (United States), Acquired	Platform that offers AI driven datasets and data analysis tools	$144M	Energy Impact Partners, S2G Investments & 12 others	69/100
8th	Wysa 2015, Boston (United States), Series B	Provider of AI-driven mental health support platform	$30.5M	legacy.vn, HealthQuad & 39 others	69/100
9th	Modern Health 2017, San Francisco (United States), Series D	Provider of employee mental health wellness platform	$170M	Kleiner Perkins, Founders Fund & 16 others	69/100
10th	Unmind 2016, London (United Kingdom), Series C	Cloud-based mental well-being program for employers	$109M	Felix Capital, EQT & 32 others	68/100
33rd	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	56/100

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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:

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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)