New Funds for Sustainability Data Firm EcoVadis - Daily Research News Online

June 15, 2022 EcoVadis ‏‏‎


Business sustainability ratings provider EcoVadis has raised $500m in a Series C round of funding, valuing the company at $1bn. The firm will use these funds to accelerate its global expansion, deepen its artificial intelligence and machine learning capabilities, and make strategic acquisitions.

Headquartered in New York and Paris, EcoVadis delivers intelligence and evidence-based ratings to monitor and improve the sustainability performance of businesses and their trading partners. Its scorecards, benchmarks, carbon action tools, and insights are used to help guide an 'improvement journey' for environmental, social and ethical practices across 200 industry categories in 175 countries.

The investment round was led by Astorg and BeyondNetZero, with participation from GIC and the Climate Technology Fund, bringing the total raised to date to more than $725m. Frédéric Trinel (pictured), co-founder and co-CEO of EcoVadis, comments: 'We expect this investment to enable us to build on our traction to meet companies - including SMEs and private companies - at any stage of their sustainability journey, and collaboratively drive improvement in practices and impact at scale'.


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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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Exclusive: Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero a
Exclusive: Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero a

Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C ...

Next Article
Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero and Astorg a
Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero and Astorg a

Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C ...