About Sphere
Sphere is a company based in San Francisco (United States) founded in 2021 by Adrian Sarstedt.. Sphere has raised $4.3 million across 1 funding round from investors including Felicis Ventures, Y Combinator and Uncommon Capital. Sphere offers products and services including Sphere Platform and Tax Engine. Sphere operates in a competitive market with competitors including Liberty Tax, NOTICENINJA, InsCipher, yearend. and EdgarAgents, among others.
- Headquarter San Francisco, United States
- Founders Adrian Sarstedt
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scholarsite Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.3 M (USD)
in 1 rounds
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Latest Funding Round
$4.3 M (USD), Seed
Aug 17, 2022
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Investors
Felicis Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Sphere
Sphere offers a comprehensive portfolio of products and services, including Sphere Platform and Tax Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-enabled tool for automating global tax calculations and filings
System for accurate tax computation across jurisdictions
Unlock access to complete
Funding Insights of Sphere
Sphere has successfully raised a total of $4.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.3 million completed in August 2022. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $4.3M
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First Round
First Round
(17 Aug 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Sphere | Valuation | Felicis Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sphere
Sphere has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Felicis Ventures, Y Combinator and Uncommon Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Uncommon Capital in software firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sphere
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sphere
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sphere Comparisons
Competitors of Sphere
Sphere operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Liberty Tax, NOTICENINJA, InsCipher, yearend. and EdgarAgents, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tax management services are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Automated tax notice compliance software is provided for streamlined resolution.
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| domain | founded_year | HQ Location |
Offers tax filing services and software for MGAs, brokers, and carriers.
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| domain | founded_year | HQ Location |
Limited information is available regarding yearend.'s core activities.
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| domain | founded_year | HQ Location |
Provides online SEC filing services to help businesses meet regulatory requirements.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sphere
When was Sphere founded?
Sphere was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Sphere located?
Sphere is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Sphere a funded company?
Sphere is a funded company, having raised a total of $4.3M across 1 funding round to date. The company's 1st funding round was a Seed of $4.3M, raised on Aug 17, 2022.
What does Sphere do?
Founded in 2021 and based in San Francisco, United States, Sphere functions as an online platform in the professional development sector. Leadership training is provided through peer coaching facilitated by mentors and coaches. Cohort-based courses are offered to professionals for skill enhancement. Institutions are supported in accessing research and fostering collaborations with other entities.
Who are the top competitors of Sphere?
Sphere's top competitors include Liberty Tax, NOTICENINJA and Sunsets HQ.
What products or services does Sphere offer?
Sphere offers Sphere Platform and Tax Engine.
Who are Sphere's investors?
Sphere has 3 investors. Key investors include Felicis Ventures, Y Combinator, and Uncommon Capital.