Spherity
Latest round
- Seed
Last raised
- Mar 2022
Total raised
- $2.7M
Investors
- 3
About Spherity
Spherity GmbH is focused on providing digital identity solutions that cater to multiple sectors. The company was founded in Berlin, Germany, by Carsten Stöcker and Michael Rüther. Carsten Stöcker serves as the CEO.Spherity specializes in digital identity solutions that enhance security and efficiency across various industries.0-compliant wallet for enterprise identity management; and KYLE, which automates Know Your Customer (KYC) and Know Your Supplier (KYS) processes. These products streamline data sharing and regulatory compliance, enabling businesses to protect themselves from malicious actors and improve operational efficiency. Spherity serves sectors including pharmaceuticals, automotive, life sciences, supply chain management, finance, and textiles, with clients such as banks, regulatory bodies, and organizations focused on traceability and sustainability.S.Spherity generates revenue through a combination of subscription-based services and partnerships, primarily in the B2B sector. Their products, such as CARO and VERA, operate on a subscription model where clients pay recurring fees for access to software solutions that facilitate compliance and data management. Partnerships with organizations like Bundesanzeiger Verlag and SAP Life Sciences enable Spherity to integrate solutions into existing client systems, streamlining operational processes and reducing costs for end users. The company plans to enhance its product offerings and expand into new geographic markets, although specific regions have not been disclosed.
Who invested in Spherity
3 investors across 2 rounds
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Questions about Spherity
Who invested in Spherity?
Spherity has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spherity raised?
Spherity has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Spherity last raise money?
Spherity's most recent round on record is a Seed, in Mar 2022.
What does Spherity do?
Spherity GmbH is focused on providing digital identity solutions that cater to multiple sectors.
Where is Spherity headquartered?
Spherity is headquartered in Berlin, Germany.
Which VCs invest in companies like Spherity?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Spherity's stage. Their profiles are linked below.
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