About Sphero
Sphero is a company based in Boulder (United States) founded in 2010. Sphero has raised $112.01 million across 17 funding rounds from investors including The Walt Disney Company, Mercato Partners and Foundry. Sphero has completed 2 acquisitions, including Specdrums and littleBits. Sphero offers products and services including Sphero Robots, STEAM Tools, BOLT Robot, and RVR Robot. Sphero operates in a competitive market with competitors including Osmo, STEMpedia, littleBits, Makeblock and Kokoji, among others.
- Headquarter Boulder, United States
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Sectors
TechnologyEducation
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$112.01 M (USD)
in 17 rounds
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Latest Funding Round
$3 M (USD), Series D
Jun 11, 2020
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Investors
The Walt Disney Company
& 4 more
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Employee Count
Not available
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Investments & Acquisitions
Specdrums
& 1 more
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Products & Services of Sphero
Sphero offers a comprehensive portfolio of products and services, including Sphero Robots, STEAM Tools, BOLT Robot, and RVR Robot.
Programmable devices for coding and STEM activities
Tools for science, music, and arts learning
Interactive robot for coding and problem-solving exercises
Vehicle for engineering and exploration activities
People of Sphero
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Funding Insights of Sphero
Sphero has successfully raised a total of $112.01M across 17 strategic funding rounds. The most recent funding activity was a Series D round of $3 million completed in June 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.
Investors in Sphero
Sphero has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Walt Disney Company, Mercato Partners and Foundry.
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Growth-stage investments in consumer tech are managed.
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Venture capital is invested in early-stage tech startups.
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Tech focused early stage VC firm investing in the US
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Investor details for Sphero
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Investments & Acquisitions by Sphero
Sphero has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Specdrums and littleBits.
Investment portfolio details for Sphero
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Portable wireless music devices are developed for interactive play.
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Modular electronics and coding kits are provided for STEAM education.
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Complete acquisition details for Sphero
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Financial Statements - Sphero
Detailed financials for Sphero
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Sphero Comparisons
Peer comparison for Sphero
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Competitors of Sphero
Sphero 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 Osmo, STEMpedia, littleBits, Makeblock and Kokoji, among others.
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Hardware-based iPad games for children are developed.
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STEM learning platforms and DIY kits are provided for students.
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Modular electronics and coding kits are provided for STEAM education.
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Robotic kits for coding education are offered by Makeblock.
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Delivers app-based interactive robot solutions to enhance children's learning and engagement.
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Detailed competitors of Sphero
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Latest news on Sphero
Complete news archive for Sphero
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Frequently Asked Questions about Sphero
Sphero was founded in 2010.
Sphero is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Sphero is a funded company, having raised a total of $112.01M across 17 funding rounds to date.
Founded in 2010 in Boulder, United States, Sphero operates in the consumer robotics and gaming sector. Robotic devices such as the Sphero ball, equipped with gyroscope, accelerometer, and Bluetooth connectivity, are designed and produced for smartphone control. An SDK has been released for developers to create applications, and various free apps have been developed by the company. Additionally, the Ollie tubular robot has been engineered for speed and racing activities.
Sphero's top competitors include Osmo, STEMpedia and littleBits.
Sphero offers Sphero Robots, STEAM Tools, BOLT Robot, and RVR Robot.
Sphero has made 2 acquisitions, including Specdrums, and littleBits.
Sphero has 5 investors. Key investors include The Walt Disney Company, Mercato Partners, Foundry, Highway 12 Ventures, and Grishin Robotics.