About Sphere
Sphere is a Telecommunications company based in London (United Kingdom) founded in 2015, and was acquired by Twitter in October 2021. Sphere is developed as a group chat application for communities. It operates on a Freemium model. Sphere has raised $19.13 million across 4 funding rounds from investors including LocalGlobe, Index Ventures and Twitter. The company has 33 employees. Sphere offers products and services including Sphere Chat App. Its focus areas include Technology, Software and Communication Platforms. Its legal entity is SPHERE KNOWLEDGE LIMITED.
Company details
Sphere is built as a free chat application aimed at transforming groups into vibrant online communities. It is designed to reduce messaging chaos by focusing on key posts and offers features like Zen Flow for personalized conversation filtering and custom Appreciations for recognizing group contributions. Although the apps operations are being wound down, the teams efforts are continued at Twitter to enhance online community connections at a larger scale. The focus remains on fostering meaningful interactions across diverse groups such as sports clubs, religious organizations, and friend circles.
- Total Equity Funding$19.13M (USD)
in 4 rounds
- Latest Funding Round$2.88M (USD), Seed
Apr 2020
- InvestorsLocalGlobe
& 2 more
- Employee Count33
- Acquired byTwitter
(Oct 2021)
Products & Services of Sphere
Sphere offers a comprehensive portfolio of products and services, including Sphere Chat App.
A group chat app fostering vibrant community connections.
Funding Insights of Sphere
Sphere has successfully raised a total of $19.13M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.88 million completed in April 2020. 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 $19.13M
- Total Rounds 4
- Last Round Seed β $2.88M
- First Round $14.95M
(Jun 2017)
- Investors Count 2
All 4 funding rounds of Sphere 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 |
|---|---|---|---|---|---|
| Apr 2020 | $2.88M | Seed | β | β | β |
| May 2019 | $886,047 | Seed | β | β | β |
| Oct 2018 | $422,035 | Seed | β | β | β |
| Jun 2017 | $14.95M | Seed | β | β |
3 investors in total: 3 institutional.
Investors in Sphere
Sphere has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include LocalGlobe, Index Ventures and Twitter.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
Social platform for microblogging | twitter.com | San Francisco, United States |
Investor details for Sphere
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Sphere
4 dated milestones of Sphere across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Sphere is founded.
- Funding First funding round of $14.9M.
- Funding Latest funding round, Seed, of $2.9M.
- Exit Acquired by Twitter.
Web traffic of Sphere
Websites that share an audience with Sphere (sphere.me).
Websites whose visitors overlap most with Sphere. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
odesk.com | odesk.com | 100% | #3,017,135 | β |
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Frequently Asked Questions about Sphere
Sphere was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Sphere is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sphere is a funded company, having raised a total of $19.13M across 4 funding rounds to date. The company's 1st funding round was a Seed of $14.95M, raised on Jun 2017.
Sphere has 33 employees.
Sphere is built as a free chat application aimed at transforming groups into vibrant online communities. It is designed to reduce messaging chaos by focusing on key posts and offers features like Zen Flow for personalized conversation filtering and custom Appreciations for recognizing group contributions. Although the apps operations are being wound down, the teams efforts are continued at Twitter to enhance online community connections at a larger scale. The focus remains on fostering meaningful interactions across diverse groups such as sports clubs, religious organizations, and friend circles.
Sphere offers Sphere Chat App.
Sphere has 3 investors. Key investors include LocalGlobe, Index Ventures, and Twitter.
Sphere operates through Sphere Knowledge Limited.
Yes. Sphere was acquired by Twitter in October 2021.
