Spherity

Berlin, Germany Founded: 2002 • Age: 24 yrs
A blockchain and cloud-based platform for digital twins is provided.

About Spherity

Spherity is a company based in Berlin (Germany) founded in 2002 by Carsten Stoecker.. Spherity has raised $2.73 million across 3 funding rounds from investors including European Union, Blockwall Management and High-Tech Gründerfonds. Spherity offers products and services including CARO, VERA, and EIDA. Spherity operates in a competitive market with competitors including ThoughtWire, DataMesh, Istari, LlamaZOO and UINO, among others.

  • Headquarter Berlin, Germany
  • Founders Carsten Stoecker
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Spherity Gmbh
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.73 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.73 M (USD), Seed

    Mar 13, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Spherity

Spherity offers a comprehensive portfolio of products and services, including CARO, VERA, and EIDA. 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

Verifies licensing and authorization in pharmaceutical supply chains.

Manages traceable data for regulatory compliance in industries.

Streamlines identity management for KYC and compliance processes.

People of Spherity
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Giuseppe Benenati
Sales Director DPP Southern Europe
People
Dr. Carsten Stöcker
CEO & Founder
People
Ricky Thiermann
Head Of Product Management
People
Anggita Larasati Pradipta
Digital Marketing And Performance Manager

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Funding Insights of Spherity

Spherity has successfully raised a total of $2.73M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.73 million completed in March 2024. 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 Rounds 3
  • Last Round Seed — $2.7M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Seed - Spherity Valuation Blockwall Management
Jan, 2023 Amount Grant - Spherity Valuation

investors

Aug, 2019 Amount Seed - Spherity Valuation HTGF
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 Spherity

Spherity has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Blockwall Management and High-Tech Gründerfonds. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage investments are made in high-tech startups by HTGF.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Spherity

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

Financial Statements - Spherity

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

Spherity Comparisons

Employees
+
Add Comparison
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Competitors of Spherity

Spherity 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 ThoughtWire, DataMesh, Istari, LlamaZOO and UINO, 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
IoT predictive maintenance platform for real-time issue resolution is provided.
domain founded_year HQ Location
Provider of augmented reality-based content creation tools
domain founded_year HQ Location
A metaverse-based digital twin platform for engineering is developed.
domain founded_year HQ Location
Interactive online platform anatomy learning
domain founded_year HQ Location
Platform offering data center visualization and management software
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.

Frequently Asked Questions about Spherity

When was Spherity founded?

Spherity was founded in 2002 and raised its 1st funding round 17 years after it was founded.

Where is Spherity located?

Spherity is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Who is the current CEO of Spherity?

Carsten Stoecker is the current CEO of Spherity. They have also founded this company.

Is Spherity a funded company?

Spherity is a funded company, having raised a total of $2.73M across 3 funding rounds to date.

What does Spherity do?

Spherity provides a blockchain and cloud-based platform for creating digital twins of humans, machines, products, algorithms and data sets. Provides Decentralized Identifiers (DIDs) and Verifiable Credentials to design intelligent serial numbers for the products and services and links them. Has uses cases in supply chain management, data-rich manufacturing, and data control systems. Supports integration of Spheritys APIs into systems. The company also develops decentralized digital twin applications for enterprises using their proprietary platform while providing secure identities.

Who are the top competitors of Spherity?

Spherity's top competitors include DataMesh, LlamaZOO and ThoughtWire.

What products or services does Spherity offer?

Spherity offers CARO, VERA, and EIDA.

Who are Spherity's investors?

Spherity has 3 investors. Key investors include European Union, Blockwall Management, and High-Tech Gründerfonds.

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