Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard Knocks
Building Size
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Asset Type
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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:
- Deal Type: Seed
- Transaction Amount: $24,000,000
- Company: Puppy Sphere
- Founders: Francesca Albo, Lea Burbidge Izquierdo
- HQ: New York, New York
- Notable Investors: The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more
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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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