Spherics

Spherics

Spherics is a cloud-based platform to help businesses measure, mitigate and manage their climate impact. Learn more
  • Edit
DateInvestorsAmountRound

£170k

Grant

N/A

Support Program
*

N/A

Acquisition
Total Funding$224k

Recent News about Spherics

Edit
More about Sphericsinfo icon
Edit

Spherics is a forward-thinking startup that operates in the sustainability and environmental impact sector. The company primarily serves small and medium-sized enterprises (SMEs) by providing a cloud-based platform designed to measure, manage, and reduce Scope 3 emissions. Scope 3 emissions are the indirect emissions that occur in a company’s value chain, including both upstream and downstream activities.

Unlike many existing tools that focus solely on emission reporting, Spherics goes a step further by not only automating the collection of emissions data from suppliers but also offering actionable insights to help businesses reduce their carbon footprint. The platform leverages advanced technology and climate science to provide real-time data, clear explanations, and visualizations, making it easier for businesses to understand their environmental impact and align with the latest science-based targets.

Spherics operates in the sustainability intelligence market, a rapidly growing sector as more businesses aim to achieve net-zero emissions. The company’s business model revolves around offering its platform as a service, where clients can subscribe to use the software. This subscription model ensures a steady revenue stream while providing ongoing value to clients through continuous updates and improvements to the platform.

The platform is currently in its beta phase, and Spherics is inviting organizations to trial the software at no cost, although they may request a short interview to understand the sustainability challenges faced by these organizations. This beta phase allows Spherics to gather valuable feedback and refine their offering to better meet the needs of their target market.

In summary, Spherics empowers SMEs to track, understand, and reduce their environmental impact through a user-friendly, data-driven platform. By automating data collection and providing actionable insights, Spherics helps businesses not only report their emissions but also take meaningful steps towards sustainability.

Keywords: sustainability, emissions, SMEs, Scope 3, carbon footprint, cloud-based, real-time data, climate science, net-zero, environmental impact.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.