Sphero Overview
- Year Founded
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2010

- Status
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Private
- Employees
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107

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
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$3.66M
- Investors
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20
Sphero General Information
Description
Developer of programmable robots and STEAM-based educational tools designed to transform the way kids learn, create, and invent through coding, science, music, and the arts. The company's tools help in transforming K-12 education with accessible tools that encourage exploration, imagination, and perseverance through STEAM and computer science, enabling learners of all backgrounds and abilities to discover their interests and passions while equipping them with the skills they need to be the world's future changemakers.
Contact Information
Website
www.sphero.comCorporate Office
- 7121 B Shelby Avenue
- Door 85
- Greenville, TX 75402
- United States
Corporate Office
- 7121 B Shelby Avenue
- Door 85
- Greenville, TX 75402
- United States
Sphero Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
18. Later Stage VC | 01-Jul-2020 | $3.66M | Completed | Generating Revenue | ||
17. Debt - PPP | 14-Apr-2020 | Completed | Generating Revenue | |||
16. Later Stage VC | 10-Dec-2019 | Completed | Generating Revenue | |||
15. Later Stage VC (Series 1) | 29-Aug-2019 | Completed | Generating Revenue | |||
14. Product Crowdfunding | 22-Mar-2019 | Completed | Generating Revenue | |||
13. Later Stage VC (Series G) | 04-Apr-2017 | Completed | Generating Revenue | |||
12. Later Stage VC | 03-Feb-2016 | Completed | Generating Revenue | |||
11. Later Stage VC (Series F) | 03-Jun-2015 | Completed | Generating Revenue | |||
10. Accelerator/Incubator | 15-Oct-2014 | $120K | $32.1M | Completed | Generating Revenue | |
9. Early Stage VC | 10-Jul-2014 | $997K | $32M | Completed | Generating Revenue |
Sphero Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series 1 |
VC Exit Predictor
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Sphero Comparisons
Industry
Financing
Details
Sphero Competitors (6)
One of Sphero’s 6 competitors is Ozobot, a Venture Capital-Backed company based in Newport Beach, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Ozobot | Venture Capital-Backed | Newport Beach, CA | ||||
SAM Labs | Private Equity-Backed | London, United Kingdom | ||||
SmartBuddies | Venture Capital-Backed | Copenhagen, Denmark | ||||
Makeblock | Venture Capital-Backed | Shenzhen, China | ||||
Wonder Workshop | Venture Capital-Backed | Millbrae, CA |
Sphero Patents
Sphero Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20250018264-A1 | Pickleball paddle with a centralized core | Pending | 14-Jul-2023 | ||
US-20250018265-A1 | Pickleball paddle with segmented cores | Pending | 14-Jul-2023 | ||
US-20240430240-A1 | Electrical components for science, technology, engineering, and math construction systems | Pending | 23-Jun-2023 | ||
US-20240066371-A1 | Pickleball paddle and method | Pending | 29-Aug-2022 | ||
US-20240017141-A1 | Pickleball paddle with controllable ball dwell and method | Pending | 12-Jul-2022 | A63B59/42 |
Sphero Signals
Sphero Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Angel (individual) | Minority | |||
Brainchild (Management Consulting) | Corporation | Minority | ||
Angel (individual) | ||||
Angel (individual) | ||||
Amazon Alexa Fund | Corporate Venture Capital | Minority |
Sphero Investments & Acquisitions (5)
Sphero’s most recent deal was a Merger/Acquisition with MORE technologies. The deal was made on 25-Mar-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
MORE technologies | 25-Mar-2021 | Merger/Acquisition | Electronic Equipment and Instruments | ||
LittleBits | 23-Aug-2019 | Merger/Acquisition | Electronics (B2C) | ||
Specdrums | 22-Jun-2018 | Merger/Acquisition | Electronics (B2C) | ||
Misty Robotics | 12-Jun-2017 | Early Stage VC | Electronics (B2C) | ||
Smart Toy | 01-Feb-2016 | Merger/Acquisition | Educational Software |
Sphero Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
LittleBits | New York, NY | 2011 |
Sphero FAQs
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When was Sphero founded?
Sphero was founded in 2010.
-
Where is Sphero headquartered?
Sphero is headquartered in Greenville, TX.
-
What is the size of Sphero?
Sphero has 107 total employees.
-
What industry is Sphero in?
Sphero’s primary industry is Educational Software.
-
Is Sphero a private or public company?
Sphero is a Private company.
-
What is Sphero’s current revenue?
The current revenue for Sphero is
. -
How much funding has Sphero raised over time?
Sphero has raised $152M.
-
Who are Sphero’s investors?
Amazon Alexa Fund are 5 of 20 investors who have invested in Sphero.
, Brainchild (Management Consulting), , , and -
Who are Sphero’s competitors?
Ozobot, SAM Labs, SmartBuddies, Makeblock, and Wonder Workshop are some of the 6 competitors of Sphero.
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