Overview
Sphera provides an Enterprise Sustainability Management platform that combines software, data services, and consulting to help organizations manage EHS&S, ORM, product stewardship, and supply chain transparency. Its core SpheraCloud SaaS platform collects and analyzes data to track environmental performance, ensure workplace safety, manage product compliance, and reduce operational risks across the value chain, with modules for regulatory reporting, incident management, chemical management, and carbon accounting. The company differentiates itself by offering an integrated, end-to-end solution built through acquisitions (Rivo Software, SiteHawk, thinkstep) to broaden capabilities and global reach, serving thousands of customers across many countries. Its goal is to help organizations meet regulatory requirements, improve ESG outcomes, and make transparent, risk-aware decisions across their operations and supply chains.
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About Sphera
Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$1.4B
Headquarters
Chicago, Illinois
Founded
2016
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Simplify's Take
What believers are saying
- Defense Logistics Agency awarded Sphera a five-year hazardous materials contract on March 12 2026.
- January 2026 supply-chain research shows rising risk, strengthening Sphera’s urgency-driven sales pitch.
- Leadership additions in 2026, including Chris Gutheil and Colleen Prifogle, signal aggressive scaling.
What critics are saying
- Scope 3 reporting friction persists; February 2026 data-quality concerns limit AI adoption.
- Supplier viability risk rose 10.3% in 2025, exposing customers to recurring churn pressure.
- Sphera depends on regulatory urgency; a post-2030 compliance slowdown would crush demand.
What makes Sphera unique
- Sphera’s September 2025 Neuberger Berman investment validated Blackstone-backed platform durability.
- Sphera AI, launched February 12 2026, unifies risk, safety, and sustainability workflows.
- Sphera won Verdantix leaders in March and June 2026 across carbon and process safety.
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Funding
Total Funding
$1.4B
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
401(k) Company Match
Life Insurance
Disability Insurance
Critical Illness Insurance
Accident Insurance
Hospital Indemnity Insurance
Paid Time Off
Paid Holidays
Flexible Work Hours
Hybrid Work Options
Growth & Insights and Company News
6 month growth
6%1 year growth
6%2 year growth
6%Press releases, portfolio company news, and timely updates on our business.
Sphera announced a significant growth investment from Neuberger Berman Capital Solutions, joining existing investor Blackstone, which retains a majority stake. This investment aims to accelerate Sphera's innovation and global reach in operational risk management. Financial terms were not disclosed. Evercore and William Blair advised Blackstone and Sphera, while Harris Williams advised Neuberger Berman.
Blackstone has acquired ESG software services firm Sphera for $1.4 billion.
Press releases, portfolio company news, and timely updates on our business.
CHICAGO, June 13, 2024 /PRNewswire/ - Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, has been named a Leader in the IDC MarketScape: Worldwide Carbon Accounting and Management Applications 2024 Vendor Assessment (doc # US51572424, June 2024).
Sphera is Hiring for 9 Jobs on Simplify!
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About Sphera
Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$1.4B
Headquarters
Chicago, Illinois
Founded
2016
Sphera is Hiring for 9 Jobs on Simplify!
Find jobs on Simplify and start your career today