Worldfavor
- Company typePrivate
- Founded2009
- HeadquartersStockholm, Sweden
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Worldfavor does
Worldfavor is a Stockholm-based SaaS provider of sustainability management and supply chain due diligence software, operating as the private limited company Worldfavor AB (founded 2008/2009). The platform is organized around three core modules — Sustainable Sourcing (enterprise supply chain due diligence), Sustainable Investments (portfolio ESG and SFDR reporting for PE/VC), and Transparency (free supplier-facing ESG reporting) — augmented by a Worldfavor AI module that adds adverse media screening, supplier data enrichment, AI-suggested answers, and automated report generation. The underlying technology stack centers on an OECD-aligned due diligence methodology, a curated library of 1,600+ ESG datapoints maintained by in-house sustainability experts, pre-built workflows for major regulatory frameworks (CSDDD, CSRD, EUDR, LkSG, Åpenhetsloven, SFDR), and integrations with procurement and ERP systems (SAP, Salesforce, Microsoft, Oracle, Azure, Sage, ADP); the AI layer operates within SOC 2 Type II aligned, human-in-the-loop controls.
The business model is hybrid: a free supplier tier (Transparency) drives bottom-up network adoption, while enterprise buyers enter multi-year subscription service agreements (Licensee Customers) for access to enhanced functionality including the recently exclusive Verisk Maplecroft risk-data integration. Go-to-market combines enterprise field sales with demo-driven conversion for large accounts and self-serve onboarding for suppliers and SMEs; named customers range from Nordic brands (Nibe, Adlibris, Vinmonopolet, SEB, Hultafors, Indiska, Apotek Hjärtat, Lyko) to global players (O'Neill, Medicover, Kredinor, AGE), with 70,000+ companies reportedly using the platform, 100,000+ suppliers engaged, and operations supported across 150+ countries.
The company has disclosed approximately $14.7M in cumulative funding across rounds led by Norrsken VC, Brightly Ventures, Spintop Ventures, and SEB Private Equity (Series A of $10.1M in August 2022), and remains privately held with founder Andreas Liljendahl as CEO alongside co-founders Frida Emilsson (COO), Pär Gustafsson (CTO), and Lars Peter Eriksson (CDO). Strategic priorities evidenced by recent moves include the Verisk Maplecroft alliance (February 2026), expansion of the AI module, and deeper penetration of the PE/VC segment via the Sustainable Investments product.
Worldfavor firmographics
Firmographics- Name
- Worldfavor
- Legal name
- Worldfavor AB
- Website
- https://worldfavor.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Worldfavor industry classification
Industry- Product category
- Sustainability and ESG Management Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE)
- akta.pro secondary industries
- Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ), Supply Chain Sustainability & Responsible Sourcing (SMETA, supplier ESG) (EUAHAJAE), ESG Reporting, Disclosure & Regulatory Compliance (SFDR, EU Taxonomy, TCFD/ISSB) (FSAAALAK)
Keywords
Where Worldfavor is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Worldfavor business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Digital platform subscription providing access to supply chain due diligence, ESG data collection, supplier engagement, and regulatory compliance workflows. Enterprise customers receive exclusive features through subscription.
- Enterprise Licensing: Licensee Customers enter separate Service Agreements with Worldfavor for additional and enhanced access to the Service beyond the Free Tier.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | Free Tier for Suppliers |
| Subscription | Multi-year contract | Licensee Customer Enterprise Tier |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Worldfavor product offering
Product offeringCore offering
Worldfavor operates a SaaS platform that enables companies and investors to run ESG and supply chain due diligence at scale. It provides structured data collection, AI-powered supplier risk screening, automated regulatory compliance reporting across frameworks such as CSDDD, CSRD, EUDR, LkSG, Åpenhetsloven, and SFDR, and a free Transparency tier for suppliers to submit sustainability data. Customers include Fortune 500 enterprises, SMEs, private equity and venture capital firms, and suppliers across 48+ industries and 150+ countries.
Product overview
Worldfavor is a sustainability platform that offers a unified ESG due diligence solution structured as a platform with three core product modules: Sustainable Sourcing (for supply chain due diligence), Sustainable Investments (for portfolio ESG management), and Transparency (for supplier reporting). The platform is augmented by an AI module (Worldfavor AI) that adds automated data enrichment, adverse media screening, AI-suggested answers, and report generation capabilities. All products share a common sustainability library, OECD-aligned methodology, and support for regulatory frameworks including CSDDD, CSRD, EUDR, LkSG, Åpenhetsloven, and SFDR.
Differentiator
Problem solved
Functional benefit
Brands
- Sustainable Sourcing: Platform for modern ESG supply chain due diligence and sustainable sourcing across global supply chains.
- Sustainable Investments
- Transparency
- Worldfavor AI
Products and services
- Sustainable Sourcing
Quantifiable outcome
- 86% supplier response rate with multilingual support
- +5 more outcomes
Companies that use Worldfavor
Customer profileNamed customers15 records
Segments8 records
Ideal customer profiles4 records
Worldfavor technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature7 records
Worldfavor partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Verisk MaplecroftcoreStrategic alliance to provide comprehensive supply chain risk analysis for enterprise customers. The combined offering integrates Verisk Maplecroft's risk data covering over 150 risks across 198 countries, 74 industries, and 160-plus commodities with Worldfavor's sustainability platform. The feature is now available via exclusive subscription to Worldfavor enterprise customers, enabling automatic analysis of supply chain vulnerabilities from deforestation to forced labor.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Worldfavor competitors and assessment
Company assessmentDirect peers
- IntegrityNext: IntegrityNext is a SaaS platform for supply chain sustainability and compliance, covering supplier risk monitoring, CSDDD/CSRD/EUDR workflows, and AI-driven supplier engagement. It directly competes with Worldfavor in the European mid-market and large enterprise segment.
- EcoVadis: EcoVadis is the global leader in supplier sustainability ratings, operating a SaaS platform that scores suppliers across ESG themes. It is the most direct competitor to Worldfavor's Sustainable Sourcing product, serving the same enterprise buyer and supplier base with overlapping frameworks and customer logos.
- Sphera: Sphera (owned by Blackstone) provides enterprise ESG, supply chain risk, and product compliance software. Its supply chain transparency and supplier risk modules compete directly with Worldfavor's Sustainable Sourcing platform for large enterprise deals.
- Sedex: Sedex operates a global supplier ESG data exchange with the SMETA audit standard, serving multinational buyers and their suppliers. It overlaps directly with Worldfavor's supplier due diligence and responsible sourcing workflows, especially in retail, textile, and food verticals.
- Workiva: Workiva is a leading ESG and sustainability reporting platform used by large enterprises for CSRD, SEC, and ISSB disclosure. Its expanding supply chain and ESG data collection capabilities overlap with Worldfavor's reporting and supplier engagement workflows.
- Resilinc: Resilinc is a supply chain risk and ESG monitoring platform covering supplier risk, disruption events, and compliance data. Its supplier risk intelligence overlaps with Worldfavor's supplier screening and adverse media monitoring capabilities.
- Clarity AI: Clarity AI is an ESG analytics and reporting platform serving both enterprises and investors, with strong SFDR and regulatory reporting capabilities. It directly competes with Worldfavor's Sustainable Investments module and overlaps on portfolio-level ESG data management.
Emerging players
- Watershed: Watershed is an enterprise carbon accounting and climate platform that handles Scope 1–3 emissions and CSRD-aligned reporting. It overlaps with Worldfavor on enterprise carbon reporting and Scope 3 supplier data collection, though it focuses more narrowly on climate than broad ESG.
- Persefoni: Persefoni is a climate management and carbon accounting SaaS platform for enterprises. It overlaps with Worldfavor on Scope 3 supplier data collection and CSRD reporting workflows but is more narrowly focused on carbon than broad ESG/supply chain due diligence.
Broad incumbents
- Diligent: Diligent (which acquired Galvanize and-parley.ai) provides a broad GRC and ESG software suite for enterprise governance, risk, and compliance. It is a broader incumbent with overlapping ESG reporting and audit workflows but is not specialised in supply chain due diligence.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Worldfavor social profiles
Digital presenceWorldfavor compliance and trust
Trust signalCompliance1 record
Worldfavor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Worldfavor leadership team
Management profileNumber of profiles
Profiles9 records
Worldfavor funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Worldfavor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Worldfavor
What does Worldfavor do?
Worldfavor operates a SaaS platform that enables companies and investors to run ESG and supply chain due diligence at scale. It provides structured data collection, AI-powered supplier risk screening, automated regulatory compliance reporting across frameworks such as CSDDD, CSRD, EUDR, LkSG, Åpenhetsloven, and SFDR, and a free Transparency tier for suppliers to submit sustainability data. Customers include Fortune 500 enterprises, SMEs, private equity and venture capital firms, and suppliers across 48+ industries and 150+ countries.
Is Worldfavor a public or private company?
Worldfavor is a private company. It is classified as venture growth investor backed and is currently operating.
When was Worldfavor founded?
Worldfavor was founded in 2009. It employs 101 to 250 people.
Where is Worldfavor based?
Worldfavor is headquartered in Stockholm, Sweden, in the Europe region.
How does Worldfavor make money?
Two revenue lines are on record. SaaS Subscription is the primary driver. The others are enterprise Licensing.
Who are Worldfavor's main competitors?
Direct peers on record are IntegrityNext, EcoVadis, Sphera, Sedex, Workiva, Resilinc and Clarity AI. Emerging players are Watershed and Persefoni. Diligent is listed as a broad incumbent.
Does Worldfavor have an API?
No public API is recorded for Worldfavor.
What industry is Worldfavor in?
Worldfavor's product category is Sustainability and ESG Management Software. Its primary akta.pro industry code is EUABAEAE, Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms, with a secondary code of EUABAEAG, Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB). Its NAICS code is 513210 and its SIC code is 7370.