BlackRock and GP Bullhound back Paris-based unicorn EcoVadis: Know more
Summary
Paris-based EcoVadis, a provider of business sustainability ratings, announced on Tuesday, November 1, a secondary transaction following a recent Series C funding. New investors, including BlackRock and GP Bullhound, have made minority investments in support of EcoVadis’ growth strategy. In June 2022, the Paris-based company raised $500M (then, nearly €478.77M) in a funding round and also acquired the status of a “unicorn” as per reports. EcoVadis says it will use the funds to continue investing in internal and acquired innovation, in expanding its global scale-up, and in deepening the user engagement and impact of its solutions.
Funding
Amount
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Total raised
Date
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Announcement date
Investors
Reuters Greenhouse, GP Bullhound, BlackRock
Lead investors
Company
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Funded company
Classifications
industries
Fintech & Banking
applications
AI & Machine learning
AskAI Classifications
Labels
SaaS
Sustainability Software
Supply Chain Management Software
Linked Companies
EcoVadis
$50M to $100M