Sustainability data firm EcoVadis joins $1 bln club after fundraising

June 15, 2022 EcoVadis ‏‏‎


Sustainability data firm EcoVadis has raised $500 million to become one of the sector's first "unicorns", its co-chief executive told Reuters, as demand from companies to track their performance on environmental and social issues surges. A unicorn is an unlisted firm valued at $1 billion or more.

The financing, led by private equity firms Astorg and BeyondNetZero, General Atlantic's climate investing arm, as well as Singapore's GIC and Princeville Capital, is the largest equity fundraising to date for such a company, EcoVadis said. It takes the total capital raised by the company to over $725 million.


Read the full article at: www.devdiscourse.com

About the Author

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 175+ countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis ‏‏‎
Previous Article
EcoVadis Secures $500M Investment to Usher in New Era of Sustainability-Led Business Decisions
EcoVadis Secures $500M Investment to Usher in New Era of Sustainability-Led Business Decisions

EcoVadis, the leading provider of business sustainability ratings, has raised $500M with plans to accelerat...

Next Article
EcoVadis Raises $500M in Funding
EcoVadis Raises $500M in Funding

EcoVadis, a global provider of business sustainability ratings, raised $500M in funding.The round was led b...