CVC Growth leads EcoVadis ~$200M sustainability-ratings round (Jan 2020)

In January 2020, Paris-based sustainability ratings SaaS company EcoVadis secured approximately $200 million from CVC Growth Partners (Fund II), with Bain & Company taking a minority stake shortly after. Dealroom records the round as GROWTH EQUITY VC led by CVC. In June 2022 EcoVadis raised a further $500 million Series C (~$1B valuation) led by Astorg and BeyondNetZero (General Atlantic); CVC remained an investor and still features EcoVadis as a portfolio case study.

EcoVadis provides business sustainability / CSR ratings and supply-chain intelligence used by large enterprises. HQ is Paris, France (not US) — included because CVC's live US software sleeve is relatively thin and EcoVadis is a clear CVC Growth software asset with continued ownership evidence. Software exposure for CVC overall remains selective (~7% of fee-paying AUM per FY 2025 commentary).

Source: CVC — EcoVadis secures c.$200m from CVC Growth Partners (9 Jan 2020): https://www.cvc.com/media/news/2020/2020-01-09-ecovadis-secures-c-200m-investment-from-cvc-growth-partners/
CVC — EcoVadis case study: https://www.cvc.com/portfolio/case-studies/ecovadis/
CVC — EcoVadis $500M Astorg/BeyondNetZero round (14 Jun 2022): https://www.cvc.com/media/news/2022/2022-06-14-ecovadis-secures-500m-investment-from-astorg-and-beyondnetzero/