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Puppy Sphere Secures Seed R...

Updated Sep 11, 2026

Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard Knocks
RAISERaise

Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard Knocks

Building Size

—

Asset Type

—

Closing

Sep 4, 2026

About this deal

AI

Puppy Sphere, a wellness brand located in New York, has completed a Seed funding round, raising a total valuation of $24 million. The investors in this round include The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, and former Massage Envy CEO David Humphrey, among others.

Summary of transaction details:

Puppy Sphere specializes in enhancing the human-animal bond, and it has developed a unique puppy yoga concept into a wider experiential wellness platform with 13 studios. The brand has served more than 450,000 customers and formed partnerships with major organizations like Google, Amazon, Netflix, TikTok, and the NBA. The founders have emphasized the significance of puppy therapy in mental health, driving Puppy Sphere's growth without any outside capital until this recent funding round.

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Players

Francesca Albo

Puppy Sphere

Buyer

1 deal

Buyer

Market CRE Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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