About EcoCred
EcoCred is a company based in Illinois City (United States) founded in 2018 was acquired by Facedrive in April 2021.. EcoCred operates in a competitive market with competitors including Watershed, ClimeCo, Commons, Doconomy and StepChange, among others.
- Headquarter Illinois City, United States
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Sectors
Environment
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Email
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Phone
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Website
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Social
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Funding Insights of EcoCred
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EcoCred
EcoCred has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Facedrive. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Ride-hailing is facilitated through an app-based driver cooperative platform.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by EcoCred
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EcoCred
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecocred Comparisons
Competitors of EcoCred
EcoCred operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Watershed, ClimeCo, Commons, Doconomy and StepChange, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Platform for enterprise sustainability measurement, reporting, and action is provided.
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Environmental project development and management services are offered.
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Carbon footprint solutions are provided via an online tracking platform.
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Impact data for individuals and businesses is provided and managed.
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Carbon footprint, ESG, and climate risks are managed for businesses.
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Carbon footprints are calculated and offset through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about EcoCred
When was EcoCred founded?
EcoCred was founded in 2018.
Where is EcoCred located?
EcoCred is headquartered in Illinois City, United States. It is registered at Illinois City, Illinois, United States.
What does EcoCred do?
EcoCred was founded in 2018 in Illinois City, United States, within the sustainability technology sector. A mobile application is provided for Android and iOS platforms to calculate users daily carbon footprints. Climate conditions are reported to users, and reusable products are promoted as alternatives. Points are awarded for eco-friendly habits completed by users, supporting environmental awareness and behavior tracking.
Who are the top competitors of EcoCred?
EcoCred's top competitors include Watershed, ClimeCo and Carbon Direct.
Who are EcoCred's investors?
EcoCred has 1 investor. Key investors include Facedrive.