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Venture Capital News: EcoVadis Scores $500M

2022-06-14
NEW YORK, NY, EcoVadis, the leading provider of globally trusted business sustainability ratings, has raised $500 million.
EcoVadis has raised $500M with plans to accelerate its vision of influencing every business decision with sustainability intelligence, becoming a sustainability impact unicorn.

The global investment round - the largest equity fundraising for a sustainability data SaaS company to date - brings EcoVadis' total capital raised to over $725M and was led by Astorg and BeyondNetZero, General Atlantic's climate investing venture, with participation from Singapore-based GIC and Princeville Capital's Climate Technology Fund.

EcoVadis is a purpose-led company whose mission is to provide globally trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis' expert intelligence and evidence-based ratings to monitor and improve the sustainability performance of their business and trading partners. Its actionable scorecards, benchmarks, carbon action tools, and insights guide an improvement journey for environmental, social and ethical practices across 200 industry categories, 175 countries. Industry leaders such as Amazon, Johnson & Johnson, L'Oréal, Unilever, LVMH, Salesforce, Bridgestone, BASF and JPMorgan are among the 95,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide.
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