SSphera provides an enterprise-level sustainability platform that combines software, data, and consulting for EHS&S, operational risk, product stewardship, and supply chain transparency. Its core SpheraCloud SaaS integrates modules like regulatory reporting, incident management, chemical management, and carbon accounting to track environmental performance and manage risks across a company’s value chain. The company differentiates itself by offering a comprehensive, integrated solution built through strategic acquisitions that broaden capabilities and global reach, serving thousands of customers in dozens of countries. Its goal is to help organizations meet complex regulatory requirements, improve ESG outcomes, and make transparent, risk-aware decisions across their operations and supply chains.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$1.4B
Headquarters
Chicago, IL
Founded
2016
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Total Funding
$1.4B
Above
Industry Average
Funded Over
1 Rounds
Sphera has launched new AI capabilities for supply chain risk management that link external risk signals to the suppliers, products and operations they threaten. The company says the tools help teams assess impact and decide in minutes, not days. Conversational AI lets teams ask questions in plain language and see which suppliers, products and operations are exposed. A Model Context Protocol lets organisations pull insights into compatible AI tools. In the Risk Response & Resolution Center, AI agents assess risk severity and supplier impact to cut manual triage. Sphera research across five markets found 58% of chief operating officers (COOs) say their most significant disruptions came at least as much from outside their organisation as within it. Among COOs, 33% struggle most with identifying exposed suppliers or products. All 750 COOs surveyed would let AI automatically progress at least one risk-management activity, given the right controls.
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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.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$1.4B
Headquarters
Chicago, IL
Founded
2016
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs