Spherics

Acquired

Carbon accounting made simple for SMEs

Bristol, United Kingdom · $1.6M raised

Headquarters
Bristol
Business Model
B2B
Total Funding
$1.6M
Last Round
$1.6M AngelJan 2022
Rounds
2
Acquisition Date
Oct 2022

About

Spherics was a sustainability-as-a-service platform that helped small and medium-sized businesses measure, mitigate, and manage their carbon footprint through an intuitive carbon accounting solution. Founded in Bristol, UK, the company provided SMEs with tools to easily understand and reduce their environmental impact by calculating emissions across their operations. Spherics was acquired by accounting software giant Sage in October 2022, and its technology was subsequently integrated into Sage Earth, a carbon accounting product now available to Sage Accounting customers in the UK.

Summary

Spherics is a Climate Tech company based in Bristol, United Kingdom. It has raised $1.6M in total across 2 rounds, most recently a $1.6M Angel round in Jan 2022. Investors include Sage Group.

Funding History

AcquisitionOct 2022

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