# Worldfavor: Information technology & services, Stockholm, Sweden

> Worldfavor: Worldfavor is a Swedish platform focused on Environmental, Social, and Governance (ESG) solutions, aimed at making sustainable business...

Source: https://millionrounds.com/startup/worldfavor (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Information technology & services startup](https://millionrounds.com/companies)

# Worldfavor

Worldfavor is a Swedish platform focused on Environmental, Social, and Governance (ESG) solutions, aimed at making sustainable business practices mainstream.

Funding reported Last round: Series A

Information technology & services Stockholm, Sweden

Company summary

- **Founded:** 2016 10 years old
- **Team:** 45 11 to 50 people
- **Funding reported:** 14.7M as listed, currency not stated
- **Last round:** Series A Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Worldfavor has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Worldfavor

Worldfavor is a Swedish platform focused on Environmental, Social, and Governance (ESG) solutions, aimed at making sustainable business practices mainstream.

Founded in 2016 and based in Stockholm, the company provides tools that empower procurement and sustainability teams to enhance supplier due diligence and ensure ESG compliance. Utilizing AI, Worldfavor helps organizations identify risks and streamline their sustainability processes. The platform offers services in sustainable sourcing, sustainable investments, and transparency solutions. It enables businesses to monitor ESG performance, comply with regulations like the EU Taxonomy, and manage supply chain risks. Key features include carbon accounting, supply chain risk management, and sustainability reporting, all aligned with global standards such as ISO 26000 and GRI. Worldfavor serves a variety of sectors, including food and beverage, textile and apparel, and healthcare, with over 30,000 organizations across 130 countries as clients, including notable names like Oatly and Systembolaget. With a mission to connect people for a thriving planet and economy, Worldfavor has raised $14.65 million in funding and reported $6 million in annual revenue in 2024.

## What company datasets say Worldfavor raised

Funding, as reported

Reported in all **14.7M** in the source's currency

Rounds **5**

Last round **Series A**

Last round size **11.2M**

Last round date **Aug 2022**

Investors listed **5**

## On 3 portfolio pages

Investors who name them

- [Brightly Ventures](https://millionrounds.com/fund/brightly-ventures)
- [Sherif Invest](https://millionrounds.com/fund/sherif-invest)
- [node.vc](https://millionrounds.com/fund/node-vc)

Each firm lists Worldfavor on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

supply chain due diligence automation environmental impact analysis health care corporate social responsibility ai-powered risk screening consumers multi-tier supply chain visibility regulatory framework adherence transportation_logistics distribution manufacturing regulatory reporting tools transparency solutions impact benchmarking tools stakeholder engagement impact reporting

Built with from their website

Linkedin Sign-in Google Tag Manager Linkedin Insight Tag Clarity SDM Font Awesome CloudFlare Viewport Meta LinkedIn Ads Element UI Hubspot

+8 more

Cloudflare WAF Facebook SDK.NET X (Twitter) AI CloudFlare CDN Priority Hints React

- **Sector:** Information technology & services
- **Industry code:** NAICS 54161, 513210, SIC 8748, 7372
- **Region:** Stockholm County
- **Revenue:** 3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/worldfavor)

## Information technology & services in Sweden

Startups like it

- [**Lovable** Stockholm · founded 2023 *Raised*](https://millionrounds.com/company/lovable)
- [**Legora** Stockholm · founded 2023 *Raised*](https://millionrounds.com/company/legora)
- [**Syncron** Stockholm · founded 1999 *Raised*](https://millionrounds.com/company/syncron)
- [**evroc** Stockholm · founded 2022 *Raised*](https://millionrounds.com/company/evroc)
- [**Endra** Stockholm · founded 2024 *Raised*](https://millionrounds.com/company/endra)
- [**Validio** Stockholm · founded 2019 *Raised*](https://millionrounds.com/company/validio)
- [**Natural Cycles** Stockholm · founded 2013 *Raised*](https://millionrounds.com/company/natural-cycles)
- [**Epidemic Sound** Stockholm · founded 2009 *Raised*](https://millionrounds.com/company/epidemic-sound)

## Is this your company?

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