SphereCommerce

Nashville, United States Founded: 2017 • Age: 9 yrs Acquired By Waud Capital Partners
End-to-end payments and security software solutions are provided for merchants.
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About SphereCommerce

SphereCommerce is a company based in Nashville (United States) founded in 2017 was acquired by Waud Capital Partners in September 2017. It operates as a SaaS (Software-as-a-Service), and Managed Services. SphereCommerce has completed 2 acquisitions, including Acceptiva and HealthiPASS. SphereCommerce offers products and services including Cloud Payments and Patient Engagement Software. SphereCommerce operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.

  • Headquarter Nashville, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Spherecommerce, Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
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Products & Services of SphereCommerce

SphereCommerce offers a comprehensive portfolio of products and services, including Cloud Payments and Patient Engagement Software. 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.

Primary

Integrated payment solutions are provided for healthcare systems.

Software for patient check-in and engagement is offered.

People of SphereCommerce
Headcount 200-500
Employee Profiles 50
Employee Profiles
People
Jon Bianco, PMP®, CSM®
Senior Software Engineer, Payment Terminals and Microservices
People
Peter Vong
Senior Product Manager
People
Taylor Frank
Vice President of Sales
People
Robert Lindner
Vice President Finance

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Funding Insights of SphereCommerce

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SphereCommerce

SphereCommerce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Waud Capital Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Mid-market companies are targeted for private equity investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SphereCommerce

SphereCommerce has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Acceptiva and HealthiPASS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Automated healthcare billing and patient account management are facilitated.
2013
Online payment solutions for nonprofits are provided.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - SphereCommerce

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Spherecommerce Comparisons

Employees
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Competitors of SphereCommerce

SphereCommerce 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 Stripe, PayPal, Flutterwave, Square and Wright Express, 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
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Employee benefit administration and payment solutions are provided for enterprises.
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Spherecommerce

Frequently Asked Questions about SphereCommerce

When was SphereCommerce founded?

SphereCommerce was founded in 2017.

Where is SphereCommerce located?

SphereCommerce is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.

What does SphereCommerce do?

SphereCommerce is focused on delivering cloud-based payment and software solutions primarily for the healthcare industry. Services are designed to streamline revenue cycle management and enhance patient engagement. The company partners with major healthcare systems and third-party applications to address payment workflow challenges. Expertise is maintained in payment security and compliance, ensuring trust among top healthcare organizations. Solutions are also extended to other verticals through seamless integrations with EHR and PMS systems.

Who are the top competitors of SphereCommerce?

SphereCommerce's top competitors include Stripe, PayU and Flutterwave.

What products or services does SphereCommerce offer?

SphereCommerce offers Cloud Payments and Patient Engagement Software.

How many acquisitions has SphereCommerce made?

SphereCommerce has made 2 acquisitions, including Acceptiva, and HealthiPASS.

Who are SphereCommerce's investors?

SphereCommerce has 1 investor. Key investors include Waud Capital Partners.

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