About Spherics
Spherics is a company based in Bristol (United Kingdom) founded in 2020 by Ciaran Wood was acquired by Sage Group in October 2022.. Spherics has raised $1.38 million across 2 funding rounds from investors including Sage Group. Spherics operates in a competitive market with competitors including Regrow, LivNSense, Clarasight, BeCause and CoolPlanet, among others.
- Headquarter Bristol, United Kingdom
- Founders Ciaran Wood
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Sectors
TechnologyEnvironment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.38 M (USD)
in 2 rounds
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Latest Funding Round
$331.52 K (USD), Grant
Oct 12, 2022
- Investors
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Employee Count
Employee Count
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Acquired by
Sage Group
(Oct 12, 2022)
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Funding Insights of Spherics
Spherics has successfully raised a total of $1.38M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $331.52 thousand completed in October 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 2
- Last Round Grant — $331,518
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First Round
First Round
(12 Oct 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Spherics | Valuation |
investors |
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| Oct, 2022 | Amount | Grant - Spherics | Valuation |
investors |
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| 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 Spherics
Spherics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sage Group. 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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Cloud-based accounting and payroll solutions for small and medium businesses
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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 Spherics
| 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 - Spherics
| 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 |
Spherics Comparisons
Competitors of Spherics
Spherics 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 Regrow, LivNSense, Clarasight, BeCause and CoolPlanet, 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 |
Cloud-based solutions for crop management and analytics are offered.
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| domain | founded_year | HQ Location |
Provider of AI-powered platform for emission management
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| domain | founded_year | HQ Location |
Cloud based carbon data management and analysis software
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| domain | founded_year | HQ Location |
Sustainability data is collected and communicated for travel companies.
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| domain | founded_year | HQ Location |
Software is provided to measure and reduce carbon emissions.
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| domain | founded_year | HQ Location |
Provider of AI and Blockchain-based traceability solutions
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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 Spherics
When was Spherics founded?
Spherics was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Spherics located?
Spherics is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Is Spherics a funded company?
Spherics is a funded company, having raised a total of $1.38M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.38M, raised on Oct 12, 2022.
What does Spherics do?
Cloud based data preparation software solution provider. It provides a cloud-based sustainability intelligence platform for tracking environmental impact and reducing carbon footprint. It also provides solutions such as data collection from accounting software, data measurement, data migration and management, etc.
Who are the top competitors of Spherics?
Spherics's top competitors include Regrow, Clarasight and Circulor.
Who are Spherics's investors?
Spherics has 1 investor. Key investors include Sage Group.
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