EcoVadis has secured a $200 million investment from CVC Growth Partners II, marking one of the largest equity investments in the ESG space at the time. This transaction represents the first investment from CVC Growth Partners' second fund. Existing investor Partech, which has supported the company since 2016, remains involved in the business. The strategic rationale for the deal is to accelerate EcoVadis' global expansion and further invest in its technology platform and sustainability intelligence solutions. Following a year of rapid growth (adding 10,000 companies to its network and opening offices in Tokyo, San Francisco, and Melbourne) the funding allows EcoVadis to meet the immense market demand created by evolving compliance regulations and corporate purpose commitments. CVC’s global reach is expected to play a critical role in scaling the business and establishing EcoVadis as the universal platform for supplier ESG ratings.

EcoVadis has secured €30 million in its first institutional funding round led by Partech Ventures. This minority investment represents the first outside capital raised by the company since its founding in 2007, following ten years of 50% annual organic growth. The fresh capital is earmarked for accelerating the worldwide adoption of its CSR ratings, enhancing the reliability of its scorecards, and furthering investment in core technologies. Specifically, the group plans to utilize the funding for in-house R&D to integrate machine learning and natural language processing (NLP) into its proprietary platform. This pivotal investment enables EcoVadis to broaden its expertise and scale its transatlantic operations to support the transformation of the millions of businesses operating in global supply chains.