Spherical Analytics

What Spherical Analytics does

Spherical Analytics (S|A) is a Cambridge, MA-based environmental data technology company, spun out of Context Labs in March 2018 with the Jeremy and Hannelore Grantham Environmental Trust. It builds an enterprise data fabric platform that combines machine learning, AI-driven analytics, cryptographic proofing, and distributed ledger technology to transform raw environmental data into "Asset Grade Data" (AGD) and "Asset Grade Analytics" (AGA) with verifiable provenance. The core platform comprises the Immutably™ data fabric, Proofworks™ attestation tools, and Scrivener™ distributed ledger, packaged into vertical-specific offerings for climate, energy, infrastructure, and maritime use cases, plus the Climate Action Engine (built with Rocky Mountain Institute), the Climate Accounting Infrastructure (built with KPMG), and Decarbonization-as-a-Service (DaaS™).

The company serves large energy operators (Shell, ExxonMobil, Chevron, Origin Energy, Questor Tech), infrastructure owners, fisheries, and public-sector partners, selling via direct enterprise field sales and strategic co-development partnerships with RMI, KPMG, EDF, and BP Energy Partners. Revenue mechanics are not publicly disclosed; stated streams include recurring SaaS subscriptions, DaaS, and professional services, with quote-based pricing for enterprise deployments. Offices are located in Cambridge, MA (headquarters), New Bedford, MA (operations, supporting Marine Databank), and Amsterdam (European headquarters).

The company raised $28M in strategic financing in February 2022 alongside a joint venture with BP Energy Partners (Context Labs Energy). Headcount is stated at 1–10 employees, no revenue has been disclosed, and customer engagements are largely characterized as pilots, indicating an early commercial stage despite a high-profile partner and investor ecosystem.

Name

Spherical Analytics

Legal name

Spherical Analytics

Website

https://sphericalanalytics.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Spherical Analytics is an environmental data technology subsidiary of Context Labs that uses ML, AI, and distributed ledger technology to deliver verifiable climate, energy, and infrastructure data products for enterprises and regulators.

Ownership category

akta.pro rank

Product category

Environmental Data and ESG Analytics Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Environmental Consulting Services (54162)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Climate & Emissions Data Management (Data Lake, Integration, APIs) (EUABAEAC)

akta.pro secondary industries

Enterprise Carbon Accounting & GHG Inventory Platforms (EUABAEAA), Climate Risk Reporting & Disclosure Analytics (TCFD/ISSB, EU Taxonomy, CSRD, NAIC) (EUABALAG), Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE), Climate Data Measurement & IoT/Telemetry Enablement (Energy/Meter/Asset Data Ingest) (EUABAEAI), Environmental Data Integration, ETL & Interoperability (APIs, Standards, Data Pipelines) (EUAHAKAB)

Keywords

• Environmental data fabric
• Methane emissions monitoring
• ESG data analytics
• Blockchain provenance platform
• Climate risk software

Headquarters

HQ city

Cambridge

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Platform (SaaS): Enterprise data fabric platform delivered as software subscription, providing Asset Grade Data and Analytics to enterprise customers
2. Decarbonization-as-a-Service (DaaS™): Comprehensive decarbonization platform providing measurement, monitoring, and mitigation services for energy sector
3. Professional Services: Implementation and consulting services for deploying Immutably platform and developing custom solutions

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Spherical Analytics builds and operates the Immutably™ enterprise data fabric platform, which combines machine learning, AI-driven analytics, cryptographic proofing (Proofworks™), and distributed ledger technology (Scrivener™) to convert raw environmental and operational data into trusted "Asset Grade Data" (AGD) and "Asset Grade Analytics" (AGA). The company sells vertical-specific Immutably deployments (Climate, Energy Industry, Infrastructure, Maritime), the Climate Action Engine for methane emissions modeling, Impact Analytics for ESG measurement, Decarbonization-as-a-Service (DaaS™), and partnership platforms such as Climate Accounting Infrastructure (with KPMG) and the Environmental Data Initiative (with EDF) primarily to energy companies, infrastructure operators, and institutional investors.

Product overview

Spherical Analytics offers a modular platform architecture built around its core Immutably™ enterprise data fabric. The platform enables organizations to ingest, authenticate, and analyze environmental and climate data, transforming raw information into trusted Asset Grade Data (AGD). Key products include vertical-specific Immutably™ deployments (for Climate, Energy Industry, Infrastructure, and Maritime), the Climate Action Engine analytics platform, Impact Analytics for ESG measurement, DaaS™ for decarbonization services, and Proofworks™ attestation tools. Supporting technologies include the Scrivener™ distributed ledger and ProvenPaths™ context engine. The company also offers specialized solutions like the Environmental Data Initiative with EDF and Climate Accounting Infrastructure with KPMG, demonstrating a platform-plus-partner-modules approach where the core Immutably™ fabric powers domain-specific applications.

Differentiator

Problem solved

Functional benefit

Brands

• Immutably: Enterprise data fabric platform providing all-source data ingestion, data cleansing, and ground truth intelligence for environmental impact data
• Proofworks
• Scrivener
• Climate Action Engine
• Marine Databank
• Environmental Data Initiative
• Impact Analytics
• Environmental ImpactLABS

Products and services

• Immutably™ for Climate Specialized Immutably™ deployment for climate data, environmental impact tracking, and climate resilience applications across industries, providing all-source data ingestion, machine-learning-based data attestation, cryptographic proofing, and AI-enhanced analytics to deliver Asset Grade Data and Asset Grade Analytics.
• Immutably™ for the Energy Industry Immutably™ platform variant for energy sector operators providing emissions monitoring, methane tracking, and decarbonization measurement for oil and gas operations, enabling trusted ESG data for investor and regulatory reporting.
• Immutably™ for Infrastructure Immutably™ platform deployment for infrastructure owners and operators enabling climate risk assessment, cyber resilience monitoring, and trusted environmental data for smart infrastructure projects.
• Immutably™ for Maritime Immutably™ platform for maritime operations providing actionable intelligence for fishing fleet management, sustainable fisheries monitoring, and offshore wind operations.
• Climate Action Engine (CAE) Data and analytics platform built on the Immutably™ enterprise data fabric that models and visualizes methane emissions from oil and gas industry, enabling operators to track emissions reduction initiatives and synthesize public and proprietary data for emissions reduction strategies.
• Impact Analytics Impact measurement and analytics platform combining interconnected context layers with blockchain technology to describe, understand, and predict environmental, social, and governance outcomes for ESG metrics and impact investment evaluation.
• DaaS™ (Decarbonization as a Service) Comprehensive decarbonization platform providing trusted-data solution for the energy sector for measurement, monitoring, and mitigation of carbon emissions based on the Immutably™ technology stack.
• Proofworks™ for Climate Climate-specific deployment of Proofworks™ attestation tools for generating and applying multi-point cryptographic proofs on climate-related digital assets and emissions data, with a secure API for lifecycle asset attestation.
• Climate Accounting Infrastructure (CAI) Platform developed with KPMG and built on the Immutably™ enterprise data fabric that helps organizations measure, mitigate, report, and offset greenhouse gas emissions and other climate risks with verifiable emissions data.
• Environmental Data Initiative (EDI) Custom platform built with the Environmental Defense Fund for monitoring and reporting methane emissions from frack gas and shale oil operations, including data analysis, map visualizations, modeling tools, and regulatory policy evaluation capabilities.
• Marine Databank Data coop platform developed with the New Bedford Port Authority and UMass Dartmouth SMAST providing actionable intelligence for fishing fleet operations, sustainable fisheries monitoring, and coastal community resilience.

Quantifiable outcome

• Shell reduced flaring in Permian basin by ~80% since 2017 through technology integration
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, flagship, major and minor.

• KPMG LLPcoreStrategic or Co-development Partner · 20 October 2020Built Climate Accounting Infrastructure (CAI) capability on Immutably enterprise data fabric. KPMG offers measurement, analytics, and verifiability capabilities for GHG emissions, climate risk, and carbon accounting.
• Rocky Mountain Institute (RMI)flagshipStrategic or Co-development Partner · 27 August 2020Strategic partnership to develop the Climate Action Engine (CAE) - a data and analytics platform for methane emissions modeling from oil and gas operations. RMI provides ecosystem and industry insights; S|A provides the Immutably technology platform.
• NIST National Cybersecurity Center of Excellence (NCCoE)coreStrategic or Co-development Partner · 10 February 2020CRADA partnership contributing Immutably platform to Securing Distributed Energy Resources project. Immutably serves as 'Registry of Record' for DER communications.
• New Bedford Port AuthoritymajorStrategic or Co-development Partner · 21 May 2019Partnership to launch Marine Databank - a data coop for fishing fleet, researchers, and public/private enterprises focused on sustainable fisheries and ocean health.
• Context LabscoreStrategic or Co-development PartnerParent company. Context Labs provides the enterprise data fabric technology (Immutably platform) that Spherical Analytics uses as the foundation for its ESG and climate analytics solutions.
• Environmental Defense Fund (EDF)flagshipStrategic or Co-development PartnerLong-standing partnership developing Environmental Data Initiative (EDI) to monitor methane emissions from oil and gas operations in Pennsylvania and New Mexico. EDI provides verifiable emissions models and regulatory policy recommendations.
• UMass Dartmouth School of Marine Science and Technology (SMAST)majorStrategic or Co-development PartnerAcademic partner in Marine Databank development, contributing marine science expertise and research capabilities.
• Blueprint LocalminorStrategic or Co-development PartnerPartnership for Kansas City Targeted Investment Monitoring Platform supporting Opportunity Zone investors.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Watershed: Enterprise climate platform for carbon accounting and decarbonization. Directly comparable to Spherical Analytics as a software-first ESG data platform serving Fortune 500 enterprises with measured emissions and audit-grade reporting.
• Persefoni: Climate management and accounting platform for enterprises and financial institutions. Competes head-to-head with the Immutably/KPMG Climate Accounting Infrastructure offering for GHG inventory and Scope 1-3 reporting customers.
• Sweep: Carbon accounting and emissions management SaaS for mid-market and enterprise. Overlaps with Spherical Analytics in enabling trusted carbon data across business operations and value chains.
• Greenly: Carbon accounting platform with a focus on SMB and mid-market enterprise. A peer in the climate-data-platform category, though with lighter vertical depth in oil and gas than Spherical Analytics.
• Emitwise: Enterprise carbon accounting and supply chain (Scope 3) emissions platform. Comparable to Spherical Analytics in addressing Scope 3 emissions data trust, which is a stated customer pain point for S|A.
• Normative: Carbon accounting and science-based target management platform. Competes for the same enterprise buyers as Spherical Analytics' Climate Accounting Infrastructure offering.

Emerging players

• GHGSat: Satellite-based methane emissions monitoring company. Adjacent peer because it feeds the same kind of ground-truth methane data that Spherical Analytics ingests into the Climate Action Engine for the Permian and other basins.
• Carbon Mapper: Public-interest satellite initiative for high-resolution methane and CO2 detection. Comparable as a data source and ecosystem participant in the same methane-monitoring value chain that powers Spherical Analytics' platform.

Broad incumbents

• Salesforce Net Zero Cloud: Sustainability/ESG suite within the Salesforce platform. A broad incumbent targeting the same enterprise carbon-accounting buyers, competing on integration breadth rather than data-provenance depth.
• IBM Envizi: Enterprise ESG data, accounting, and reporting platform acquired by IBM. Comparable as a broad incumbent in the same enterprise carbon and ESG reporting category, with deeper enterprise distribution but less specialized methane focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/sphereanalytics

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spherical Analytics