Worldfavor logo — The ESG platform for supply chain resilience - Secure sustai...

Worldfavor

The ESG platform for supply chain resilience - Secure sustainable growth by detecting and mitigating supply chain risks.

Founded 2016 Sweden Sweden 51 employees Series A Total: $47.31M Big Data, IT +2

General Information

Company Name Worldfavor
Founded Year 2016
Location Sweden Sweden
Founders / Decision Makers
Team member
Employees 51
Industries Big Data, IT, SaaS +1
Funding Stage Series A
Social

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About Worldfavor

Worldfavor, founded in 2016, has positioned itself as a leader in the burgeoning field of Environmental, Social, and Governance (ESG) data management. With a mission to make sustainable business practices mainstream, the company offers an innovative platform that helps organizations across 130 countries access and leverage ESG data, facilitating collaboration with suppliers to ensure supply chain resilience.

Notably, the platform supports over 30,000 organizations, including several renowned entities such as Nudie Jeans, Hultafors Group, Oatly, and Systembolaget. This impressive client roster underscores the company's credibility and the substantial impact it has on the sustainability sector.

Headquartered in Sweden, Worldfavor successfully raised a €10.20M Series A in August 2022, led by notable investors SEB Venture Capital, Brightly Ventures, and Spintop Ventures. As a player in Big Data, IT, SaaS, and Sustainability sectors, Worldfavor is strategically positioned for continued growth and innovation.

Taxonomy: Supply Chain Resilience, ESG Data Platform, Sustainable Growth, Risk Mitigation, Global Value Chains, Sustainability Management, Compliance Solutions, Supply Chain Transparency, Corporate Social Responsibility, Sustainability Reporting, Environmental Social Governance, Supply Chain Risk Management, Supplier Engagement, Sustainability Compliance, Supply Chain Mapping

Services & Products

Sustainable Sourcing 2.0
AI-Powered ESG Data
Supplier Risk Detection
Automated Compliance Tracking
Actionable ESG Insights

Target Customers

Fortune 500 Companies SMEs Food and Beverage Industry Textile and Apparel Sector Manufacturing Companies Pharma and Healthcare Sector Private Equity Firms

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €10.20M 3
SEB Venture Capital, Brightly Ventures +1
23 Aug 2022
Seed Round kr30.00M 2
Brightly Ventures, Spintop Ventures
17 Dec 2019
Seed Round kr6.50M 1
Norrsken VC
07 Jun 2017
Seed Round $613.00K -
07 Apr 2016
Non Equity Assistance Undisclosed 1
Sting
01 Jan 2014

Worldfavor Alternatives & Competitors

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FAQ About Worldfavor

The ESG platform for supply chain resilience - Secure sustainable growth by detecting and mitigating supply chain risks.
Worldfavor was founded in 2016.
Worldfavor is headquartered in Sweden.
Worldfavor operates in Big Data, IT, SaaS and Sustainability. Its work centres on Supply Chain Resilience, ESG Data Platform, Sustainable Growth and Risk Mitigation. Its customers include Fortune 500 Companies, SMEs and Food and Beverage Industry.
Worldfavor has approximately 51 employees.
Worldfavor has completed 5 funding rounds, raising a total of $47.31M. The latest funding stage is Series A.
Worldfavor offers: Sustainable Sourcing 2.0, AI-Powered ESG Data, Supplier Risk Detection, Automated Compliance Tracking, Actionable ESG Insights.
Top alternatives and competitors to Worldfavor include EcoVadis, MindClick, Ulula - An EcoVadis Company, FigBytes (powered by AMCS), Sustrana. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Worldfavor and EcoVadis are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Worldfavor, https://bouncewatch.com/company/worldfavor, updated 15 September 2025. When citing, please name BounceWatch and link this page.

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