Spherity
Spherity is a German digital identity software company that builds self-sovereign identity and verifiable credential solutions for regulated industries, serving pharmaceutical, automotive, and financial-sector enterprises with DSCSA compliance, Digital Product Passport, and eIDAS 2.0 wallet products.
- Company typePrivate
- Founded2017
- HeadquartersBerlin, Germany
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Spherity firmographics
Firmographics- Name
- Spherity
- Legal name
- Spherity GmbH
- Website
- https://spherity.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Spherity is a German digital identity software company that builds self-sovereign identity and verifiable credential solutions for regulated industries, serving pharmaceutical, automotive, and financial-sector enterprises with DSCSA compliance, Digital Product Passport, and eIDAS 2.0 wallet products.
- Ownership category
- akta.pro rank
Spherity industry classification
Industry- Product category
- Digital Identity Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA)
- akta.pro secondary industries
- Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Digital Identity, eKYC & Borrower Verification (Lending-Focused) (FSAGAHAF), Identity & Authentication for Open Banking (SCA support, token exchange) (FSAGACAF)
Keywords
Where Spherity is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Spherity business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription Services: Software-as-a-service (SaaS)-based applications provided on a subscription basis with recurring Subscription Fees per Subscription Period (up to 12 months). The System is provided on a remote, software-as-a-service basis. Subscription Fees are charged for each Invoicing Interval and automatically renew unless 30 days notice of non-renewal is provided.
- Usage-Based Pricing: When any applicable Usage Metric limit is exceeded within the Subscription Period, the Subscription Fees automatically increase as per then-current usage-based pricing tiers, effective the month following the month in which the higher usage-based threshold was achieved.
- Professional Services: Training and professional services in support of the implementation and use of the System, as set forth in Order, Statement of Work, or as otherwise agreed in writing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Basic tier with standard support and Severity 3 incident handling |
| Subscription | Monthly | Premium tier with enhanced support, service credits, and priority response |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Spherity product offering
Product offeringCore offering
Spherity develops and sells digital identity software based on self-sovereign identity (SSI) and W3C-standard verifiable credentials for regulated industries. Its product suite includes CARO for U.S. pharmaceutical DSCSA compliance and Authorized Trading Partner credentialing, VERA for EU Digital Product Passport compliance, EIDA as an eIDAS 2.0-compliant European Business Wallet, and a KYC/KYS Solution for business identity verification, with complementary Trusted AI capabilities for AI agent verification.
Product overview
Spherity offers a modular digital identity solutions portfolio built on self-sovereign identity (SSI) technology and verifiable credentials. The product suite consists of four core offerings: CARO (DSCSA compliance solution for pharmaceutical supply chain ATP verification), VERA (Digital Product Passport for EU ESPR compliance), EIDA (eIDAS 2.0-compliant European Business Wallet), and a KYC/KYS Solution. These products enable automated compliance, secure data sharing, and digital trust infrastructure across regulated industries including pharmaceuticals, automotive, life sciences, supply chain management, finance, and textiles.
Differentiator
Problem solved
Functional benefit
Brands
- CARO: Award-winning DSCSA compliance solution for verifying licensing and authorization of trading partners, ensuring Drug Supply Chain Security Act compliance with reliable master data.
- VERA
- EIDA
Products and services
- CARO CARO is an award-winning DSCSA compliance software that verifies the licensing and authorization of pharmaceutical trading partners. It provides ATP credential verification, license status checks, master data management, VRS message authentication, and secure document exchange for U.S. pharmaceutical manufacturers, wholesalers, dispensers, and 3PLs.
- VERA Digital Product Passport VERA is Spherity's Digital Product Passport solution for industries listed in the EU ESPR (Ecodesign for Sustainable Products Regulation), including batteries, automotive components, and materials. It maintains traceable and transparent product lifecycle data, integrates with Catena-X and Manufacturing-X, and automates compliance for OEM, automotive, textile, and industrial manufacturing customers.
- EIDA EU Business Wallet EIDA is Spherity's eIDAS 2.0-compliant EUDI Wallet for enterprise identity management. It reduces the costs and risks of KYC, KYB, and KYS processes, demonstrates ESG compliance via Bundesanzeiger-certified business data, and enables Industry 4.0 processes using verifiable credentials for banks, financial institutions, and regulated enterprises.
- KYC & KYS Solution
Quantifiable outcome
- 33,000+ VRS interactions with ATP credentials in late 2025 following major healthcare system integration
- +1 more outcomes
Companies that use Spherity
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles4 records
Spherity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Spherity partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Modern AssurancecoreTech-first audit firm that completed Spherity's SOC 2 Type II examination. Provides highest level of SOC 2 service and audit quality with transparent process.
- SecureframecoreCompliance automation platform helping Spherity achieve and maintain SOC 2 Type II compliance. Secureframe drives Spherity's continuous compliance strategy including ability to track, monitor, and remediate compliance needs.
- Drummond GroupcoreIndependent auditor and certification body that conducted OCI Digital Wallet Conformance Criteria audit. Drummond is sole auditor for OCI digital wallet specifications with over 25 years conformance certification experience.
- LegisymcoreJoint founding of Open Credentialing Initiative (OCI) in early 2021. Partnership delivered first production-level ATP credentialing solution. Legisym provides regulatory compliance expertise powering Spherity CARO's compliance-as-a-service capabilities.
- Antares Vision GroupcoreReseller partnership for Spherity's ATP credentials. Antares Vision makes it easier for customers to join growing group of trading partners achieving DSCSA compliance. Partnership delivers integrated platform for compliance, transparency, and cyber resilience.
- LedgerDomainminorOCI aligned infrastructure partner championing transition to digital trust in pharmaceutical supply chain. Partner in interoperable credential ecosystem.
- Open Credentialing Initiative (OCI)coreCollaborative industry effort enabling pharmaceutical supply chain actors to establish digital proof of identity, licensure status, and information authorship using digital wallets and verifiable credentials. Spherity co-founded OCI and serves as Policy & Architecture Co-Chair.
- Catena-XcoreLeading industry association for automotive data ecosystems. Spherity's VERA DPP solution integrates with Catena-X for interoperable, cross-company data exchange in automotive supply chains.
- European Blockchain Services Infrastructure (EBSI)coreEuropean blockchain infrastructure initiative. Spherity involved with EBSI to ensure solutions align with latest industry standards for digital trust.
- W3CcoreWorld Wide Web Consortium. Spherity joined W3C to advance open, interoperable standards for digital identity, verifiable credentials, Digital Product Passport Vocabulary, and Business Wallet Vocabulary. Konstantin Tsabolov from Spherity is author of W3C Recognized Entities v1.0 specification.
- DIGITAL-PRODUCT-PASSPORT.PROminorPremium partner in the Digital Product Passport ecosystem, strengthening commitment to advancing trusted and interoperable DPP solutions. Collaboration between technology providers, manufacturers, regulators, and industry initiatives.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Spherity competitors and assessment
Company assessmentEmerging players
- Circulor: Circulor provides traceability and digital product passport solutions for batteries, automotive and industrial supply chains. Comparable to Spherity's VERA Digital Product Passport on automotive/EU Battery Regulation use cases.
- ver.id: Ver.id focuses on decentralized digital identity services for enterprises, particularly in HR, consumer and regulated workflows. Comparable to Spherity's digital wallet and verifiable credential offerings with an overlapping W3C VC technology base.
Direct peers
- Dock Labs: Dock Labs offers a decentralized identity and verifiable credentials platform with reusable KYC and wallet issuance APIs. Comparable to Spherity's EIDA/KYC solution in technology approach and target customers (financial services and enterprises needing verifiable credential infrastructure).
- Indicio: Indico provides decentralized identity and verifiable credential software for governments and enterprises, with deep involvement in Open Wallet Foundation and identity standards. Directly comparable to Spherity on SSI technology stack and regulated industry focus.
- Danube Tech: Danube Tech is an Austrian vendor focused on EUDI wallet implementations and verifiable credentials for European digital identity use cases. Comparable to Spherity's EIDA on EU regulatory positioning and wallet technology.
- Affinidi: Affinidi offers a decentralized identity platform with reusable, portable digital IDs for KYC, education and workforce credentials. Comparable to Spherity's KYC/KYS and EU Business Wallet offerings in technology and customer base.
- Trinsic: Trinsic is a self-sovereign identity platform for verifiable credentials and digital wallets, targeting use cases such as supply chain, workforce and reusable KYC. Directly comparable to Spherity's CARO/VERA/EIDA stack on technology (W3C VCs) and enterprise go-to-market.
Broad incumbents
- Microsoft Entra Verified ID: Microsoft Entra Verified ID provides a decentralized identity solution built on W3C verifiable credentials, offered as part of Microsoft's broader identity and access management portfolio. Competes with Spherity on EUDI Wallet and enterprise credentialing but as a much larger incumbent.
- Okta: Okta is a leading identity and access management platform increasingly extending into customer identity and workforce verification use cases. Comparable to Spherity's regulated identity / KYC stack in customer base though primarily focused on traditional IAM.
- IBM Verify Credentials: IBM Verify Credentials offers decentralized identity and verifiable credential issuance/verification as part of IBM Security's broader IAM stack. Comparable to Spherity's regulated industry focus but from a much larger incumbent with broader enterprise sales coverage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Spherity social profiles
Digital presenceSpherity compliance and trust
Trust signalCompliance3 records
Spherity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spherity leadership team
Management profileNumber of profiles
Profiles5 records
Spherity funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spherity M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Spherity
What does Spherity do?
Spherity develops and sells digital identity software based on self-sovereign identity (SSI) and W3C-standard verifiable credentials for regulated industries. Its product suite includes CARO for U.S. pharmaceutical DSCSA compliance and Authorized Trading Partner credentialing, VERA for EU Digital Product Passport compliance, EIDA as an eIDAS 2.0-compliant European Business Wallet, and a KYC/KYS Solution for business identity verification, with complementary Trusted AI capabilities for AI agent verification.
Is Spherity a public or private company?
Spherity is a private company. It is classified as venture growth investor backed and is currently operating.
When was Spherity founded?
Spherity was founded in 2017. It employs 11 to 50 people.
Where is Spherity based?
Spherity is headquartered in Berlin, Germany, in the Europe region.
How does Spherity make money?
Three revenue lines are on record. SaaS Subscription Services are the primary driver. The others are usage-Based Pricing and professional Services.
Who are Spherity's main competitors?
Emerging players on record are Circulor and ver.id. Direct peers are Dock Labs, Indicio, Danube Tech, Affinidi and Trinsic. Broad incumbents are Microsoft Entra Verified ID, Okta and IBM Verify Credentials.
Does Spherity have an API?
No public API is recorded for Spherity.
What industry is Spherity in?
Spherity's product category is Digital Identity Software. Its primary akta.pro industry code is FSAGAFAA, Identity Verification & Digital ID (IDV, eIDAS, biometrics), with a secondary code of FSAPACAL, Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling). Its NAICS code is 5132 and its SIC code is 7370.