# EcoVadis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecovadis

- Industry: Software
- Headquarters: Paris, France
- Website: www.ecovadis.com
- Total disclosed funding: $121M
- Latest round: Series C (Jun 8, 2022)
- Investors on record: 5

## About

EcoVadis SAS provides an innovative platform focused on enhancing sustainability performance and managing ESG risks within supply chains, enabling organizations to achieve their sustainability goals effectively.Founded in 2007 in Paris, France, EcoVadis SAS specializes in sustainability ratings and risk assessment. The company has successfully completed 8 deals, with the most recent funding round being a Series C in November 2022, raising EUR 99.997 mn from investors including Astorg, GIC, General Atlantic, and Princeville Capital. EcoVadis is co-founded by Pierre-Francois Thaler and Rena Kleine, both of whom bring extensive experience in sustainability and technology. The company has not undergone significant pivots in its strategy since its inception.EcoVadis offers a comprehensive platform designed to enhance sustainability performance and manage Environmental, Social, and Governance (ESG) risks across supply chains. The core offerings include sustainability ratings, risk mapping, and tools for Scope 3 carbon management, supporting companies in monitoring and reducing their carbon emissions. Serving clients across over 185 countries, EcoVadis enables businesses in finance, pharmaceuticals, consumer goods, and manufacturing to assess supplier performance and compliance with sustainability standards.EcoVadis generates revenue primarily through subscription-based models that grant clients access to its suite of sustainability solutions. Businesses typically engage with EcoVadis on a B2B basis, subscribing to various tiers that include comprehensive sustainability ratings and reporting tools tailored to their operational needs. Transactions often involve annual assessments and ongoing support, with clients utilizing flagship products such as the Carbon Action Manager for managing carbon emissions data.Following the Series C funding round in November 2022, EcoVadis plans to invest in both internal and acquired innovation to enhance its platform. The company aims to expand its global scale and deepen user engagement with its solutions. Specific details regarding upcoming products or geographic targets for expansion are not disclosed, but the funding will facilitate these strategic initiatives.

## Funding rounds

- Series C, Jun 8, 2022, $105M — Astorg, General Atlantic, GIC, Princeville Capital
- Series A, Jan 4, 2017, $16M — Partech Partners

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- Astorg (https://capitalatlas.ai/funds/astorg) — Series C
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series C
- GIC — Series C
- Princeville Capital (https://capitalatlas.ai/funds/princeville-capital) — Series C