Meet Sphere, the fintech moving $1T out of fossil fuels š
At RISE, weāre building the infrastructure to electrify heavy machinery and save high polluting industries from the wasteful effects of diesel dependence. But thereās another system that continues to tie us to fossil fuels: retirement investing.
Thatās why weāre excited to spotlight Sphere, a VC-backed climate fintech on a mission to move $1 trillion out of fossil fuels and into sustainable investments.
We first crossed paths with Sphere through Kingscrowd Capital (weāre both portfolio companies) and immediately saw alignment. While weāre upgrading the machinery behind emissions, Sphere is transforming the financial systems that sustain them. Theyāve built a climate-friendly fund that actually works with 401(k) plans, and theyāve already been added to major platforms like Fidelity, Schwab, and Vestwell.
Sphere is opening up an entirely new front in the climate fight, and Iāve personally invested in their Wefunder campaign. Their round is closing this week, so I encourage you to take a look while thereās still time.
Sphere highlights:
šµ $1.87M+ raised from 270+ investors
š 378% year-over-year revenue growth with $40M+ in AUM
š Available on 250+ retirement plans, including 3(38) fiduciary menus
š° Featured in Forbes, FastCompany, Morningstar, TechCrunch, SF Chronicle, and more
š¤ Team with decades of experience in values-aligned investing at BofA, US Bank, and more
Sphereās founder and CEO, Alex Wright-Gladstein, also founded Ayar Labs, a $1B+ climate tech company founded out of MIT where she also got her MBA, so we share some local roots.
Check out Sphere and consider investing before the round closes at wefunder.com/oursphere š
Letās build toward a cleaner future together. š¦¾