About
Sphera is an AI-powered ESG and risk management platform. Chicago-based, founded 2016. Acquired by Blackstone for $1.4B. 8,400+ clients in 95 countries including Siemens, Mercedes-Benz, Danone. $300M+ annual revenue. Acquired riskmethods (2022), SupplyShift (2024). Neuberger Berman growth investment (Sept 2025). Blackstone exploring $3B sale.
Key Facts
- [1]Funding: Total funding: $21M. Last round: Jan 2025. Stage: Growth.
- [2]Employees: Employee count: 1,001-5,000.
- [3]Website: Official website: sphera.com.
- [4]AI Technology: Core AI/ML technologies: Predictive ML.
- [5]Region: Region: Americas (United States).
Founder
Sphera Solutions
Est. 1990s
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Sphera?
Sphera is an AI-powered ESG and risk management platform. Chicago-based, founded 2016. Acquired by Blackstone for $1.4B. 8,400+ clients in 95 countries including Siemens, Mercedes-Benz, Danone. $300M+ annual revenue. Acquired riskmethods (2022), SupplyShift (2024). Neuberger Berman growth investment (Sept 2025). Blackstone exploring $3B sale. Sphera is classified in the Risk & Compliance segment at the Applications layer of the financial AI stack.
Who founded Sphera?
Sphera was founded by Sphera Solutions (Est. 1990s).
How much funding has Sphera raised?
Sphera has raised $21M in total funding, placing the company at the Growth stage. The most recent round closed in Jan 2025. Among 74 funded Risk & Compliance companies, Sphera ranks #58 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Sphera use?
Sphera primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Risk & Compliance segment, 42 companies use this technology.
What market segment does Sphera operate in?
Sphera operates in the Risk & Compliance market segment. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually.
Where is Sphera headquartered?
Sphera is headquartered in Chicago, United States. The company operates in the Americas region. The team consists of 1,001-5,000 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Sphera's competitors?
Companies similar to Sphera in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Sphera offer?
Sphera builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered ESG and risk management. The platform is powered by Predictive ML technology.