Sustainability data startup EcoVadis raises $500M funding round

June 15, 2022 EcoVadis ‏‏‎


Sustainability data startup EcoVadis Inc. today announced that it has closed a $500 million funding round led by private equity firm Astorg and BeyondNetZero, the climate investing arm of General Atlantic. 

The Series C round is described as the largest ever raised by a software-as-a-service startup in the sustainability data segment. Since launching in 2007, EcoVadis has raised a total of $735.5 million from investors.

“We believe EcoVadis has all the critical elements to make global impact and a meaningful contribution to the net zero transition, including a high-quality business model, strong leadership, innovative technology and a bold vision for driving ESG-oriented transformations across supply chains and industries,” said BeyondNetZero Managing Director Rhea Hamilton.


Read the full article at: siliconangle.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 160+ countries.

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