Orrick Advises Investors in EcoVadis’ $500 Million Funding Round

June.16.2022

Orrick advised GIC and Princeville Capital on their investments in EcoVadis’ $500 million funding round. This is the largest equity fundraising for a sustainability data SaaS company to date and brings EcoVadis’ total capital raised to over $725 million. The round was led by Astorg and BeyondNetZero, and also included General Atlantic’s climate investing venture.

EcoVadis is a provider of globally trusted business sustainability ratings. The company plans to leverage the funds raised to accelerate its global scale-up, deepen its artificial intelligence and machine learning capabilities and make strategic acquisitions.

An Orrick team of Scott Iyama, Stephen Tallon, Shawn Atkinson, Olivier Vuillod and Manon Speich advised Princeville Capital. The Orrick team advising GIC includes Sven Greulich and Johannes Rüberg.