Sphere Laboratories

SoftwareSeedWilmington, USspherepay.co

Latest round

Seed

Last raised

Feb 2024

Total raised

$2.8M

Investors

8

About Sphere Laboratories

a. Sphere operates as a financial technology company that provides global payment solutions that simplify cross-border transactions and currency conversions. Sphere provides currency transfer solutions that cater to various business needs. The core offerings allow users to send and receive payments in multiple currencies, including USD, MXN, BRL, and EUR, at competitive exchange rates. Sphere's platform simplifies money movement, supporting a range of transaction methods such as wire transfers, bank transfers, and card payments. The company’s payment links are designed to be versatile and customizable, facilitating both one-time purchases and recurring subscriptions. Sphere generates revenue through transaction fees applied to its payment processing services. The company’s transaction structure includes B2B engagements, where businesses utilize Sphere’s platform to facilitate payments to vendors or suppliers. Sphere also offers customized enterprise pricing plans, which are tailored to meet the needs of larger organizations.

Who invested in Sphere Laboratories

8 investors across 1 round

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Funding rounds

  1. Seed

    Feb 28, 2024

    Amount

    $2.8M

    Investors

    Locked

Questions about Sphere Laboratories

Who invested in Sphere Laboratories?

Sphere Laboratories has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sphere Laboratories raised?

Sphere Laboratories has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Sphere Laboratories last raise money?

Sphere Laboratories's most recent round on record is a Seed, in Feb 2024.

What does Sphere Laboratories do?

Sphere Laboratories is a software company.

Where is Sphere Laboratories headquartered?

Sphere Laboratories is headquartered in Wilmington, US.

Which VCs invest in companies like Sphere Laboratories?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Sphere Laboratories's stage. Their profiles are linked below.

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