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EcoVadis
Segments:
B2B Carbon Intelligence: Internal, B2B Carbon Intelligence: Supply Chain
Product stage:
Growth

France-based EcoVadis provides sustainability ratings for businesses and supply chains. EcoVadis follows a SaaS model with one-year subscriptions for  business ratings ranging from EUR 725-EUR 5,145 (USD 874-USD 6,202) for a medium-sized company with 100-999 employees.

EcoVadis assesses a company’s policies, actions, and results, as well as inputs from third-party professionals and external shareholders before giving a rating. Ratings are based on four broad themes of environment, labor and human rights, ethics, and sustainable procurement.

As of March 2021, EcoVadis has assessed more than 75,000 companies and trade partners across more than 160 countries. Procurement teams at 600 companies, including more than 450 multinationals, use EcoVadis ratings to make purchasing decisions. Johnson & Johnson, Nestle, Louis Vuitton, and L’Oréal are some of EcoVadis’s high-profile clients.  In January 2022, EcoVadis partnered with Certa , a third-party risk management platform to improve transparency across supply chains.

EcoVadis’s most recent funding was in January 2020, where it raised USD 200 million from CVC Capital Partners. The transaction is considered one of the largest in the industry, and EcoVadis expects to utilize the funds to scale globally. As of March 2021, EcoVadis is the highest funded business-to-business carbon intelligence software startup.

Climate Tech - Software

Climate Tech - Software

Key stats
Featured companies
52
Total funding (USD)
757 Mn
Total addressable market (USD)
21 Bn
Key competitors
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Company Brief

HQ location:43/47, avenue de la Grande Armée Paris FRA
Founded year:2007
Employees:501-1,000
Total Funding:USD 235.8 million
Last Funding:USD 200.0 million, Jan 2020

Funding

Investors

No investor data is available

Funding data are powered by Crunchbase
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