About Worldfavor
Worldfavor is a company based in Stockholm (Sweden) founded in 2009 by Par Gustafsson, Andreas Liljendahl, and Frida Emilsson. Worldfavor has raised $14.65 million across 4 funding rounds from investors including SEB, Brightly Ventures and Spintop Ventures. Worldfavor offers products and services including Sustainable Sourcing, Sustainable Investments, and Transparency Solution. Worldfavor operates in a competitive market with competitors including EcoVadis, Assent, QIMA, SupplyShift and Source Intelligence, among others.
- Headquarter Stockholm, Sweden
- Founders Par Gustafsson, Andreas Liljendahl, Frida Emilsson
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.65 M (USD)
in 4 rounds
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Latest Funding Round
$10.19 M (USD), Series A
Aug 23, 2022
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Investors
SEB
& 5 more
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Employee Count
Not available
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Products & Services of Worldfavor
Worldfavor offers a comprehensive portfolio of products and services, including Sustainable Sourcing, Sustainable Investments, and Transparency Solution.
Tool for monitoring and mitigating supply chain risks and emissions.
Platform for tracking portfolio ESG performance and generating reports.
Free tool for companies to create sustainability profiles and share data.
People of Worldfavor
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Funding Insights of Worldfavor
Worldfavor has successfully raised a total of $14.65M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10.19 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Worldfavor
Worldfavor has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SEB, Brightly Ventures and Spintop Ventures.
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Brightly Ventures is focused on investing in Nordic startups.
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Investments are directed toward early-stage software technology companies.
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Impact investments are made in startups addressing global challenges.
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Investor details for Worldfavor
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Investments & Acquisitions by Worldfavor
Investment portfolio details for Worldfavor
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Financial Statements - Worldfavor
Detailed financials for Worldfavor
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Worldfavor Comparisons
Peer comparison for Worldfavor
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Competitors of Worldfavor
Worldfavor 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 EcoVadis, Assent, QIMA, SupplyShift and Source Intelligence, among others.
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Sustainability ratings for supply chains are provided via SaaS platform.
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Provider of web-based supply chain sustainability & compliance management solutions
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An app-based platform is provided for supplier compliance and audits.
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Cloud-based platform for managing supply chain sustainability is offered.
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Compliance and ESG management software is provided for supply chains.
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Cloud-based platform for asset and cargo tracking is utilized.
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Detailed competitors of Worldfavor
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Latest news on Worldfavor
Complete news archive for Worldfavor
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Frequently Asked Questions about Worldfavor
Worldfavor was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Worldfavor is headquartered in Stockholm, Sweden.
Andreas Liljendahl is the current CEO of Worldfavor. They have also founded this company.
Worldfavor is a funded company, having raised a total of $14.65M across 4 funding rounds to date.
Worldfavor was founded in 2009 in Stockholm, Sweden. A web-based digital platform is operated for sustainability information exchange and management. Tools for sustainability reporting and decision-making are provided to organizations. Supply chain transparency is facilitated via integrated features. Services are delivered in the sustainability technology sector, supporting environmental and operational accountability across global supply networks.
Worldfavor offers Sustainable Sourcing, Sustainable Investments, and Transparency Solution.
Worldfavor has 6 investors. Key investors include SEB, Brightly Ventures, Spintop Ventures, Norrsken VC, and AXSU Ventures.