EcoVadis has just raised $500 million from its investors in a financing round led by the Astorg management company and BeyondNetZero, a fund of General Atlantic dedicated to the Climate theme.
On this occasion, Altaroc Odyssey 2021 acquired a stake in EcoVadis via General Atlantic 2021, which is also supporting 3 other French unicorns: PayFit, Backmarket and Spendesk.
Founded in 2007, EcoVadis, a member of French Tech 120 (*), offers large corporations a tool for measuring the environmental and social footprint of their suppliers. Available in SaaS mode, the EcoVadis solution collects data relating to the environment, human rights, ethics and responsible purchasing. The selected criteria are evaluated by a team of CSR analysts, who award scores between 0 and 100, medals (bronze, silver, gold) and propose action plans to improve the CSR performance of the audited companies.
This new round of financing will enable the company, which already has over 95,000 customers worldwide, to pursue and accelerate its growth - particularly in Asia, through targeted acquisitions.
(*) Public support program for hyper-growth start-ups.
For more information: https://ecovadis.com/fr
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