When was Sphere Medical founded?

Sphere Medical was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Where is Sphere Medical located?

Sphere Medical is headquartered in Cambridge, United Kingdom.

How many employees does Sphere Medical have?

As of Mar 01, 2026, the latest employee count at Sphere Medical is 10 - 49.

Is Sphere Medical a funded company?

Sphere Medical is a funded company, having raised a total of $11.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Apr 23, 2006.

When was the latest funding round of Sphere Medical?

Sphere Medical's latest funding was a $***** Post IPO round on Oct 14, 2017, with participation from 1 investor.

Where does Sphere Medical rank among its competitors?

Sphere Medical ranks 6th amongst 13 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Engineering for All, which secured $6.5M in Apr, 2024.

Who are the top competitors of Sphere Medical?

Sphere Medical's top competitors include Engineering for All, Membio and Beijing Zhizhen Biotechnology. Among them, Engineering for All secured the most recent funding round in April, 2024.

Sphere Medical - 2026 Company Profile, Funding, Competitors & Financials

Sphere Medical is a deadpooled company based in Cambridge (United Kingdom), founded in 2002. It operates as a Monitoring devices for use in the ICU and OR. Sphere Medical has raised $11.9M in funding. The company has 13 active competitors, including 6 that are funded. Its top competitors include companies like Engineering for All, Membio and Beijing Zhizhen Biotechnology.

Company Details

Sphere Medical, develops and commercializes monitoring products that provide clinical and economic benefits in the critical care environment. The latest of these is Proxima which is Sphere Medical’s patient dedicated analyser for use in the intensive care unit (ICU) and operating room (OR). The Proxima system has the potential to improve the care of the 12 million patients each year, who are cared for in this environment.

Website: www.spheremedical.com/
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Key Metrics

Founded Year

2002

Location

Cambridge, United Kingdom

Stage

Deadpooled

Total Funding

$11.9M in 4 rounds

Latest Funding Round

Post IPO, Oct 14, 2017, $*****

Investors

Herald Investment Management & 11 more

Ranked

6^th among 13 active competitors

Employee Count

10 - 49 as on Mar 01, 2026

Similar Companies

Engineering for All & 17 more

View Sphere Medical's full profile

Sphere Medical is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPHERE MEDICAL LIMITED CIN: 4179507 , Germany, Active	Mar 13, 2001	-	60 (As on Jan 31, 2017)

Sphere Medical has raised a total funding of $11.9M over 4 rounds. Its first funding round was on Apr 23, 2006. Its latest funding round was a Post IPO round on Oct 14, 2017 for $*****. 1 investor participated in its latest round. Sphere Medical has 12 institutional investors.

Here is the list of recent funding rounds of Sphere Medical:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 14, 2017	2526123	Post IPO	5405148	3799796	3093768	7118445
Apr 13, 2015	1389338	Post IPO	7493593	1977464	9289094	Woodford Investment Management & 1 more
2013	6068	Post IPO	5510	4123	1582	Johnson & Johnson Innovation – JJDC

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View details of Sphere Medical's funding rounds and investors

Sphere Medical's employee count trend

Sphere Medical has 10 - 49 employees as of Mar 26. Here is Sphere Medical's employee count trend over the years:

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Top competitors of Sphere Medical include Engineering for All, Membio and Beijing Zhizhen Biotechnology. Here is the list of Top 10 competitors of Sphere Medical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Engineering for All 2016, Yokneam Illit (Israel), Series A	Provider of point of care diagnostic device	$7.4M	eHealth Ventures, Innovation Israel & 5 others	44/100
2nd	Membio 2018, Kitchener (Canada), Seed	Developer of single-use bioreactors for cell and gene therapies	$280K	IndieBio, Accelerator Centre & 6 others	40/100
3rd	Beijing Zhizhen Biotechnology 2017, Beijing (China), Series B	Provider of hematology testing instruments, reagents, and services	$17.8M	Fortune Capital, Shanghai Shengyu Equity Investment Fund Management ... & 8 others	38/100
4th	LiteBC 2020, Israel, Funding Raised	Developer of smart devices for monitoring blood cells within the body	-	Entree Capital, Technion DRIVE Accelerator	36/100
5th	CIMON Medical 2018, Trondheim (Norway), Seed	Developer of a patented device for monitoring blood flow for early diagnosis	$6.81M	ProVenture, Farvatn Venture & 5 others	35/100
6th	Sphere Medical 2002, Cambridge (United Kingdom), Deadpooled	Monitoring devices for use in the ICU and OR	$11.9M	Herald Investment Management, Artemis Investment Management ... & 10 others	33/100
7th	Kalium Health 2018, Cambridge (United Kingdom), Seed	Developer of device for monitoring blood potassium	$1.22M	Cambridge Enterprise, Cambridge Angels & 20 others	33/100
8th	SciLogica 2019, Denver (United States), Series A	Developer of a continuous blood parameter monitoring platform for critical care healthcare	$8.16M	-	32/100
9th	ToxCO 2019, Maidstone (United Kingdom), Unfunded	Developer of a breath monitoring device to detect carbon monoxide poisoning	-	-	29/100
10th	HemaSense 2024, Flagstaff (United States), Unfunded	Developer of solutions for early detection and management of blood-related conditions	-	-	28/100