About Sphera Solutions
Sphera Solutions is a Technology company based in Chicago (United States) founded in 1999, and was acquired by Blackstone in July 2021. It operates as a cloud-based QEHS and operational risk software is provided. It operates in the Technology, Industrial Goods & Manufacturing, and Natural Resources sectors. Sphera Solutions has raised $26.5 million across 15 funding rounds from investors including Bank of America, Blackstone and European Union. The company has 268 employees. Sphera Solutions has completed 7 acquisitions, including Petrotechnics, RiskMethods and Rivo. Its chief executive is Paul Marushka. Its website sphera.com draws about 141 thousand monthly visits. Its Indian entity Sphera India Private Limited reported revenue of ₹95.80 Cr. Sphera Solutions offers products and services including SpheraCloud, LCA Database, and Consulting Services. Its focus areas include Enterprise Applications, Manufacturing Tech, EHS & Sustainability and Suite. Its competitors include SafetyCulture, Intelex, Urbint, AlertMedia and Evotix and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Cloud based integrated QEHS and operational risk management software. It provides software for environmental performance, operational risk, and product stewardship. Products include Sphera Compliance Suite, Sphera ComplyPlus DolphinRTK, Sphera CyberRegs, Sphera DesktopPro, Sphera Essential, HMMS, Sphera Impact, Sphera opsInfo, Standard Modifier Dictionary, Sphera Stature, Sphera Structure. Features include emission management, risk assessment, master data and chemical inventory management, compliance, and hazardous material management. Focused on the sectors like energy power, oil and gas, metals and mining, manufacturing, government, consumer goods, chemical, and life sciences industries.
- Headquarters Chicago, United States
- Employees 268
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing Natural Resources
- Phone•••• ••••
- Website sphera.com
- Social LinkedIn X Facebook
- Acquired by Blackstone (Jul 2021)
- Legal Name Sphera India Private Limited
- Date of Incorporation 06 Oct, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹95.80 Cr
FY 2025 · +4% YoY
- Net Profit₹17.90 Cr
FY 2025 · 19% margin
- EBITDA₹26.19 Cr
FY 2025 · 27% margin
- Total Equity Funding$26.5M (USD)
in 15 rounds
- InvestorsBank of America
& 9 more
- Employee Count268
- Investments & AcquisitionsPetrotechnics
& 6 more
- Acquired by
Associated legal entities of Sphera Solutions
Sphera Solutions operates through Sphera India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sphera India Private Limited CIN U93090MH2016FTC286599 | Active | 06 Oct 2016 | Mumbai, Maharashtra | ₹95.8 Cr | 268 | 3 | View details |
Products & Services of Sphera Solutions
Sphera Solutions offers a comprehensive portfolio of products and services, including SpheraCloud, LCA Database, and Consulting Services.
Software for managing environment, health, safety, and ESG performance.
Provides datasets for emissions calculations and life cycle assessments.
Guidance on sustainability strategy and regulatory compliance.
Funding Insights of Sphera Solutions
Sphera Solutions has successfully raised a total of $26.5M across 15 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $26.5M
- Total Rounds 15
- First Round $15M
(Oct 2001)
- Investors Count 7
Latest 10 of 15 funding rounds of Sphera Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | – | Series E | – | – | |
| Mar 2022 | $2.5M | Series D | – | – | – |
| Apr 2021 | $46,761 | Grant | – | – | |
| Apr 2021 | $169,669 | Grant | – | – | |
| Apr 2021 | $19,798 | Grant | – | – | |
| Oct 2019 | $373,861 | Grant | – | – | |
| Sep 2019 | $478,947 | Grant | – | – | |
| Jul 2019 | – | Grant | – | – | |
| Jun 2019 | $269,462 | Grant | – | – | |
| Apr 2019 | $295,763 | Grant | – | – |
9 investors in total: 9 institutional.
Investors in Sphera Solutions
Sphera Solutions has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank of America, Blackstone and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments are made by JVP in Israel. | – | jvpvc.com | Jerusalem, Israel | |
An international investment group focused on sustainable value creation. | 1997 | visioncapital.com | London, United Kingdom | |
Early and seed stage investments are made in technology by Gemini Israel Ventures. | – | gemini.co.il | Herzliya, Israel | |
Tech & offline focused early & growth stage VC firm investing in Europe, Asia & the US | – | tlcomcapital.com | Nairobi, Kenya | |
Minority capital solutions are provided to industry-leading companies. | 2009 | nbcapitalsolutions.com | New York, USA | |
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
- | – | gencap.com | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States |
Investor details for Sphera Solutions
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Board of directors of Sphera India Private Limited (Sphera Solutions)
Sphera India Private Limited is the primary company behind Sphera Solutions. The board of Sphera India Private Limited currently have 3 directors; the longest-serving is Kaushik Narendra Shahukar, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaushik Narendra Shahukar DIN 07261212 | Director | 06 Oct 2016 | 10 yrs | Sphera India Private Limited |
| James Vincent Pieper DIN 09595086 | Director | 16 May 2022 | 4 yrs 5 mo | Sphera India Private Limited |
| Michelle Aleene Belew DIN 10977787 | Additional Director | 26 Mar 2025 | 1 yr 6 mo | Sphera India Private Limited |
People of Sphera Solutions
306 people are tracked at Sphera Solutions (95 in leadership, 211 in team); the tracked headcount is 268.
| Name | Role | Group |
|---|---|---|
| CEO & President | Leadership | |
Trevor Bronson | Vice President Of Product Strategy | Leadership |
David Schur | Chief Technology Officer | Leadership |
Jim Pieper | Chief Financial Officer | Leadership |
Kimberly Kolb | Chief Human Resources Officer | Leadership |
Lisa Agona | Chief Marketing Officer | Leadership |
Mark Stach | Chief Services Officer | Leadership |
Naved Siddique | Chief Product Officer | Leadership |
Brian Laird | Vice President, Engineering | Leadership |
Leela Pradeep Kumar Pajarla | Director Engineering | Leadership |
Nasser Amer | Vice President Of Engineering | Leadership |
Albion H. | Head Architect - Engineering Lead | Leadership |
Markus Graef | Finance Director EMEA | Leadership |
Prabakaran R | Director - Saas Operations | Leadership |
Mobashir Ahmed | Director Technology Services | Leadership |
Dustin Levitt | Vice President, Finance | Leadership |
Brittany Keller | Director, Global Talent Acquisition | Leadership |
Liz Croughan | Sr Director, HR EMEA | Leadership |
Megan Geldman | Vice President, Marketing | Leadership |
Nicholas Price | Vp, Global Total Rewards & HR Operations | Leadership |
286 more people are available in the full profile.
Complete people profiles for Sphera Solutions
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Financials of Sphera Solutions
Figures of Sphera India Private Limited, the primary company behind Sphera Solutions, for FY 2025. Revenue was ₹95.80 Cr (+4% year on year). Net profit was ₹17.90 Cr (19% margin). EBITDA was ₹26.19 Cr (27% margin). Revenue has grown at a compounded annual rate of +24% over three years and +21% over five years.
- ₹95.80 CrRevenue · FY 2025 · +4% YoY
- ₹17.90 CrNet profit · 19% margin
- ₹26.19 CrEBITDA · 27% margin
- ₹1.00 CrPaid-up capital
- 268Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sphera India Private Limited are on its company page.
Detailed financial statements for Sphera Solutions
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Investments & Acquisitions by Sphera Solutions
Sphera Solutions has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Petrotechnics, RiskMethods and Rivo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based platform for managing supply chain sustainability is offered. | supplyshift.net | Santa Cruz, United States | 2012 | Jan 2024 | •••• | |
AI and cloud-based supply chain risk management software is delivered. | riskmethods.net | Munich, Germany | 2012 | Sep 2022 | •••• | |
Sustainability management software and services are provided for businesses. | thinkstep.com | Leinfelden Echterdingen, Germany | 1991 | Jul 2019 | •••• | |
Data management and compliance solutions are offered by SiteHawk. | sitehawk.com | Smyrna, United States | 1993 | May 2019 | •••• | |
Risk management software is offered for hazardous industries. | petrotechnics.com | Aberdeen, Scotland | 1989 | Jan 2019 | •••• | |
Master data for direct materials and spare parts is managed. | sparesfinder.com | Teddington, United Kingdom | 1998 | Aug 2018 | •••• | |
Enterprise risk and compliance software is provided internationally by Rivo. | rivosoftware.com | Warwick, United Kingdom | 2003 | Apr 2017 | •••• |
Complete acquisition details for Sphera Solutions
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Timeline of Sphera Solutions
12 dated milestones of Sphera Solutions across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Sphera Solutions is founded.
- Funding First funding round of $15.0M.
- Exit Acquired by Genstar Capital.
- Acquisition Acquires Rivo.
- Acquisition Acquires sparesFinder MDM.
- Acquisition Acquires Petrotechnics.
- Acquisition Acquires SiteHawk.
- Acquisition Acquires Thinkstep.
- Exit Acquired by Blackstone.
- Acquisition Acquires RiskMethods.
- Acquisition Acquires SupplyShift.
- Funding Latest funding round, Series E,.
Competitors of Sphera Solutions
Sphera Solutions has 8 listed competitors in our database, 7 of them funded. They include SafetyCulture, Intelex, Urbint, AlertMedia and Evotix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| safetyculture.com | 2004 | Surry Hills, Australia | $297.93M | – | Digital workplace safety tools for inspections and audits are provided. | |
| intelex.com | 1992 | Toronto, Canada | $122.54M | 489 | EHS and quality management software is provided for manufacturing. | |
| urbint.com | 2015 | New York, United States | $130.08M | – | AI-driven urban datasets and analysis tools are offered by Urbint. | |
| alertmedia.com | 2013 | Austin, United States | $57.58M | 177 | Cloud based emergency communication software for businesses | |
| evotix.com | 1996 | Melbourne, Australia | $13.27M | – | Cloud based integrated EHS compliance management software provider | |
| vectorsolutions.com | 1999 | Tampa, United States | $24M | – | Online courses are delivered for commercial, education, and public sectors. | |
| ontic.co | 2017 | Austin, United States | $286.65M | 41 | Workplace safety is managed via a cloud-based platform. | |
| irthsolutions.com | 1985 | Columbus, United States | – | 66 | Cloud-based workforce management solutions are provided for infrastructure risks. |
Detailed competitors of Sphera Solutions
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Web traffic of Sphera Solutions
The website of Sphera Solutions (sphera.com) receives about 141.4K visits a month.
- Monthly visits141.4K
▼ 3.9% vs previous month
Websites whose visitors overlap most with Sphera Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fracttal.com | 100% | 269.9K | #131,188 | View details | |
| omegagruppo.it | 99% | – | #985,699 | View details | |
| stonly.com | 98% | 208.5K | #168,340 | View details | |
| classplusapp.com | 98% | 5.3M | #9,149 | View details | |
bitrix24.com | bitrix24.com | 98% | – | #26,505 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sphera Solutions
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Top companies in GRC, Risk & Compliance Software
10 companies that operate in the same segment as Sphera Solutions (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | 350 | |
Cloud security posture management solutions are provided by the platform. | 2000 | Sunnyvale, California, United States | USD 54.2 M | USD 6.8 B | 14,140 | |
Digital workplace safety tools for inspections and audits are provided. | 2004 | Surry Hills, New South Wales, Australia | USD 297.93 M | USD 105.3 M | 506 | |
Compliance and risk management platform is offered to enterprises. | 2016 | San Francisco, California, United States | USD 504 M | – | 1,996 | |
Cloud-based tax compliance solutions are delivered for businesses worldwide. | 2004 | Seattle, Washington, United States | USD 342.97 M | USD 65.53 M | 1,623 | |
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | Austin, Texas, United States | – | USD 1.79 B | 8,890 | |
Cloud based identity governance and administration software | 2005 | Austin, Texas, United States | USD 26.65 M | USD 1.07 B | 2,740 | |
Online payment solutions are offered to consumers and businesses. | 1998 | San Jose, California, United States | USD 216 M | USD 31.79 B | 24,400 |
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Related news about Sphera Solutions
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Frequently Asked Questions about Sphera Solutions
Sphera Solutions was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Sphera Solutions is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Paul Marushka is the current CEO of Sphera Solutions.
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 Grant of $295.76K, raised on Oct 2001.
Sphera Solutions has 268 employees.
The primary company behind Sphera Solutions, Sphera India Private Limited, reported revenue of ₹95.80 Cr for FY 2025, up 4% year on year.
Cloud based integrated QEHS and operational risk management software. It provides software for environmental performance, operational risk, and product stewardship. Products include Sphera Compliance Suite, Sphera ComplyPlus DolphinRTK, Sphera CyberRegs, Sphera DesktopPro, Sphera Essential, HMMS, Sphera Impact, Sphera opsInfo, Standard Modifier Dictionary, Sphera Stature, Sphera Structure. Features include emission management, risk assessment, master data and chemical inventory management, compliance, and hazardous material management. Focused on the sectors like energy power, oil and gas, metals and mining, manufacturing, government, consumer goods, chemical, and life sciences industries.
Sphera Solutions's top competitors include SafetyCulture, AlertMedia and Intelex.
Sphera Solutions offers SpheraCloud, LCA Database, and Consulting Services.
Sphera Solutions has made 7 acquisitions, including Petrotechnics, RiskMethods, and Rivo.
Sphera Solutions has 9 investors. Key investors include Bank of America, Blackstone, European Union, JVP, and Vision Capital.
Sphera Solutions operates through Sphera India Private Limited.