Sphero Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Private

  • Employees
  • 107

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $3.66M

  • Investors
  • 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.com
Formerly Known As
Orbotix, GearBox
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 7121 B Shelby Avenue
  • Door 85
  • Greenville, TX 75402
  • United States
+1 (888)
Primary Industry
Educational Software
Other Industries
Electronic Equipment and Instruments
Educational and Training Services (B2C)
Corporate Office
  • 7121 B Shelby Avenue
  • Door 85
  • Greenville, TX 75402
  • United States
+1 (888)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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
To view Sphero’s complete valuation and funding history, request access »

Sphero Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series 1
To view Sphero’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Sphero Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of programmable robots and STEAM-based educational tools designed to transform the way kids learn, create, and
Educational Software
Greenville, TX
107 As of 2025

Newport Beach, CA
 

London, United Kingdom
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

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
To view Sphero’s complete competitors history, request access »

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
To view Sphero’s complete patent history, request access »

Sphero Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

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
You’re viewing 5 of 20 investors. Get the full list »

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
To view Sphero’s complete investments and acquisitions history, request access »

Sphero Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
LittleBits New York, NY 2011

Sphero FAQs

  • 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?

    , Brainchild (Management Consulting), , , and Amazon Alexa Fund are 5 of 20 investors who have invested in Sphero.

  • Who are Sphero’s competitors?

    Ozobot, SAM Labs, SmartBuddies, Makeblock, and Wonder Workshop are some of the 6 competitors of Sphero.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »