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Stockholm company whose platform manages ESG data and supplier risk assessments across global supply chains.
Founded in 2016 by Andreas Liljendahl, Frida Emilsson, and Pär Gustafsson and headquartered in Stockholm, Sweden, Worldfavor AB offers a platform for managing environmental, social, and governance data in supply chains. Its Sustainable Sourcing 2.0 product uses AI to provide ESG insights and risk profiles for suppliers, automating data collection, supplier engagement, and corrective action workflows. The company raised EUR 10.2 million in Series A funding on August 23, 2022, led by SEB Investment Management, with Brightly Ventures and Spintop Ventures participating.
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