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
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Net Profit
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EBITDA
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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
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $10.2M
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First Round
First Round
(07 Apr 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Worldfavor | Valuation | SEB | |
| Dec, 2019 | Amount | Series A - Worldfavor | Valuation | Brightly Ventures , Spintop Ventures | |
| Jun, 2017 | Amount | Series A - Worldfavor | Valuation |
investors |
| 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 |
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. 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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Brightly Ventures is focused on investing in Nordic startups.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage software technology companies.
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Founded Year | Domain | Location | |
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Impact investments are made in startups addressing global challenges.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Worldfavor
| 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 - Worldfavor
| 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 |
Worldfavor Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainability ratings for supply chains are provided via SaaS platform.
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| domain | founded_year | HQ Location |
Provider of web-based supply chain sustainability & compliance management solutions
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| domain | founded_year | HQ Location |
An app-based platform is provided for supplier compliance and audits.
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| domain | founded_year | HQ Location |
Cloud-based platform for managing supply chain sustainability is offered.
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| domain | founded_year | HQ Location |
Compliance and ESG management software is provided for supply chains.
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| domain | founded_year | HQ Location |
Cloud-based platform for asset and cargo tracking is utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Worldfavor
Frequently Asked Questions about Worldfavor
When was Worldfavor founded?
Worldfavor was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is Worldfavor located?
Worldfavor is headquartered in Stockholm, Sweden.
Who is the current CEO of Worldfavor?
Andreas Liljendahl is the current CEO of Worldfavor. They have also founded this company.
Is Worldfavor a funded company?
Worldfavor is a funded company, having raised a total of $14.65M across 4 funding rounds to date. The company's 1st funding round was a Series A of $740K, raised on Apr 07, 2016.
What does Worldfavor do?
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.
Who are the top competitors of Worldfavor?
What products or services does Worldfavor offer?
Worldfavor offers Sustainable Sourcing, Sustainable Investments, and Transparency Solution.
Who are Worldfavor's investors?
Worldfavor has 6 investors. Key investors include SEB, Brightly Ventures, Spintop Ventures, Norrsken VC, and AXSU Ventures.