# Sphere Holdings

> Sphere Holdings is a VC fund in Sandston backing Software and Web Apps. See 1 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Sandston, United States
- Total investments: 1
- Last investment: Feb 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/sphere-holdings/
- Website: http://www.sphereholdings.co.za/

Sphere Holdings is a VC fund in Sandston focused on Software and Web Apps. Founded in 2003, Sphere is a high performing investment holding company driven to create value for funders, shareholders and business partners. With a solid track record shaped over a decade, They actively seek out investment partnerships with high quality privately owned businesses across a range of strategic sectors.Their success is drivenby an experienced team, Their own capital, a disciplined investment process, and broad business networks. Passionate about partnerships, They commit for the long term and actively work with Their portfolio companies to build great businesses.Majority black controlled and managed and boasting 71% black ownership, including 31% women ownership, Sphere has the necessary credentials to advance the broad based Black Economic Empowerment goals of South African businesses. As the focus turns to the rest of the continent, They actively support Their investments in their pan-African ambitions.Their strong belief in the principles of broad based empowerment means that approximately 15% of the shares in Sphere are held by charitable organisations. Over the years, more than five million worthy beneficiaries in nine provinces across South Africa have benefited from Their track record of delivery.

## Contacts

5 contacts available for Sphere Holdings. Shizune tracks 4 team members at Sphere Holdings. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/sphere-holdings?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 1 | 100% |
| Web Apps | 1 | 100% |
| Health Care | 1 | 100% |
| Mobile Apps | 1 | 100% |
| Medical Device | 1 | 100% |

7 industries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Itumeleng Kgaboesele | Co-founder and CEO | 0 | https://shizune.co/investors/profile/itumeleng-kgaboesele |
| Jebu Mabuza | Executive Chairman | 0 | https://shizune.co/investors/profile/jebu-mabuza-2 |
| Marang Denalane | Director | 0 | https://shizune.co/investors/profile/marang-denalane |
| Ushana Amichand | Chief Financial Officer | 0 | https://shizune.co/investors/profile/ushana-amichand |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| hearX Group | hearX is an award-winning start-up with the mission of providing affordable access to hearing healthcare using smart digital solutions. With a strong research and engineering background, we aim to democratize and decentralize hearing care, obliterating the traditional audiology model and market, which was never built to scale, instead providinghearing care to millions by leveraging our smart tech, big data and artificial intelligence expertise.The hearX Group four categories of solutions: Lead Generation and Remote Care solutions, Clinical solutions, Preventative Solutions as well as Direct to Consumer intervention solutions.We have had more than 1 000 000 tests and screenings done using our products across 39 countries. Our innovative solutions are as accurate, but faster, cheaper and easier to use than traditional methods. We pride ourselves in offering a fully managed service, providing an entirely new way to overcome traditional barriers to the detection and diagnosis of disabling hearing loss. | $8.3M | Series A | Feb 02, 2021 |  |

1 of 1 investments shown.

## Co-investors
- [Futuregrowth Asset Management](https://shizune.co/investors/profile/futuregrowth-asset-management) — VC Fund, 2 deals together
- [Bose Ventures](https://shizune.co/investors/profile/bose-ventures) — VC Fund, 1 deal together
- [HAVAÍC](https://shizune.co/investors/profile/havaic-sa) — VC Fund, 1 deal together
- [Sphere Capital Holdings](https://shizune.co/investors/profile/sphere-capital-holdings) — VC Fund, 1 deal together

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## FAQ

### What does Sphere Holdings invest in?

Sphere Holdings invests primarily in Software, Web Apps and Health Care startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in South Africa. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Sphere Holdings?

Public channels for Sphere Holdings include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Sphere Holdings?

The team at Sphere Holdings includes Itumeleng Kgaboesele (Co-founder and CEO), Jebu Mabuza (Executive Chairman) and Marang Denalane (Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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