# Sphero funding: rounds and investors > Sphero has raised $132M across 11 rounds since 2010. Investors include Foundry Group, Highway 12 Ventures and Techstars. Every round with its source. Source: https://millionrounds.com/company/sphero (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Sphero* 11 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Robotics Funding summary Updated 26 Oct 2026 **$132M** raised across 11 rounds since 2010, from 11 sources **$1.1M** Series A **$5.0M** Series B **$5.0M** Series C **$4.0M** Debt **$20M** Series D **$120K** Seed **$997K** Debt **$11M** Venture **$45M** Venture **$12M** Round **$28M** Venture - **Latest round:** Venture, $28M May 2019 - **Biggest round:** $45M Venture · Jun 2015 - **Step-up i:** 2.3× - **Investors:** 11 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2012 2014 2016 2018 **$1.1M** Series A **$5.0M** Series B **$5.0M** Series C **$4.0M** Debt **$20M** Series D **$120K** Seed **$11M** Venture **$45M** Venture **$12M** Round **$28M** Venture - **First round:** Series A, $1.1M - **Biggest round:** $45M - **Usual gap between rounds:** 11 months ## The rounds - **May 2019** Venture **$28M** *1 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Foundry Group](https://millionrounds.com/fund/foundry) Source recorded SEC filing: $27M sold, first sale May 2018 - **Jun 2018** Round **$12M** No investor was named in the report. Reported by FinSMEs SEC filing: $12M sold, first sale May 2018 - **Jun 2015** Venture **$45M** *2 new* *1 returning* [Foundry Group](https://millionrounds.com/fund/foundry) [Mercato Partners](https://millionrounds.com/fund/mercato-partners) [The Walt Disney Company](https://millionrounds.com/fund/the-walt-disney-company) From a historical funding record - **May 2015** Venture **$11M** No investor was named in the report. From a historical funding record - **Jul 2014** Debt **$997K** No investor was named in the report. From a historical funding record - **Jun 2014** Seed **$120K** *1 new* [Disney Accelerator](https://millionrounds.com/fund/disney-accelerator) From a historical funding record - **May 2014** Series D **$20M** *2 new* *2 returning* [Foundry Group](https://millionrounds.com/fund/foundry) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) [Shea Ventures](https://millionrounds.com/fund/shea-ventures) [Grishin Robotics](https://millionrounds.com/fund/grishin-robotics) From a historical funding record - **May 2013** Debt **$4.0M** No investor was named in the report. Reported by sec.gov - **May 2012** Series C **$5.0M** *2 returning* [Foundry Group](https://millionrounds.com/fund/foundry) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) Reported by gosphero.com - **Apr 2011** Series B **$5.0M** *3 new* [Foundry Group](https://millionrounds.com/fund/foundry) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) Reported by techcrunch.com - **Oct 2010** Series A **$1.1M** *2 new* [David Cohen](https://millionrounds.com/fund/david-cohen) [Mike Lewis](https://millionrounds.com/fund/mike-lewis) Reported by techrockies.com ## Founders and team From the SEC filings it signed: 2 on the team. - **AnaLisa D Valle** Executive Officer i - **Paul D Copioli** Executive Officer, Director i On the board, as filed i *Brad A Feld* *Jason A Schoettler* *Jennifer A Lawton* *Margaret A Honey* *Paul A Berberian* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Debt** 2013 **Series D** 2014 **Seed** 2014 **Debt** 2014 **Venture** 2015 **Venture** 2015 **Round** 2018 **Venture** 2019 [Foundry Group](https://millionrounds.com/fund/foundry) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) [Techstars](https://millionrounds.com/fund/techstars) [David Cohen](https://millionrounds.com/fund/david-cohen) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [Shea Ventures](https://millionrounds.com/fund/shea-ventures) [Mercato Partners](https://millionrounds.com/fund/mercato-partners) [Disney Accelerator](https://millionrounds.com/fund/disney-accelerator) [Grishin Robotics](https://millionrounds.com/fund/grishin-robotics) [The Walt Disney Company](https://millionrounds.com/fund/the-walt-disney-company) ## Everyone who backed them [Foundry Group](https://millionrounds.com/fund/foundry) VC firm **5** rounds [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) VC firm **3** rounds [Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round [David Cohen](https://millionrounds.com/fund/david-cohen) Angel **1** round [SK Ventures](https://millionrounds.com/fund/sk-ventures) VC firm **1** round [Shea Ventures](https://millionrounds.com/fund/shea-ventures) VC firm **1** round [Mercato Partners](https://millionrounds.com/fund/mercato-partners) VC firm **1** round [Disney Accelerator](https://millionrounds.com/fund/disney-accelerator) Accelerator **1** round [Grishin Robotics](https://millionrounds.com/fund/grishin-robotics) VC firm **1** round [The Walt Disney Company](https://millionrounds.com/fund/the-walt-disney-company) Investment firm **1** round [Mike Lewis](https://millionrounds.com/fund/mike-lewis) Angel **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sphero). ## Quick answers about Sphero ### Who invested in Sphero? Sphero's investors include Foundry Group, Highway 12 Ventures, Techstars, David Cohen and SK Ventures, and 6 more on record. ### How much has Sphero raised? Sphero has raised $132M across 11 rounds since 2010. ### When did Sphero last raise? Sphero's most recent round was a Venture of $28M in May 2019. ### What was Sphero's biggest round? Sphero's largest round on record is $45M (Venture), in Jun 2015. ### Who backed Sphero first? Sphero's first round on record, in Oct 2010, was backed by David Cohen and Mike Lewis. ### What stage is Sphero at? Sphero's latest named round is a Venture, in May 2019. ### Where is Sphero based? Sphero is based in the United States. ## Companies like Sphero In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app