
Founded in 2016, Sphera is a provider of enterprise sustainability management and risk management software, focused on EHS, product stewardship and supply chain transparency. Sphera offers customers access to the SpheraCloud platform, to facilitate a broad view of supply chain sustainability performance and risk exposure. The vendor strengthens its market positioning by partnering with consulting firms such as Accenture, Arcadis, ERM and PwC, which leverage its digital tools to drive strategic recommendations on supply chain sustainability. In 2021 Blackstone acquired Sphera for $1.4 billion. This was followed by the 2022 acquisition of riskmethods, to strengthen Sphera’s supply chain risk management functionality. In 2024 Sphera acquired SupplyShift to expand its supplier mapping, scoring and traceability capabilities.
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