Ecotrek
AI platform for the fastest and most sustainable business decisions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Ecotrek GmbH operated as a software and management consulting firm based in Berlin, Germany, specializing in sustainability transformation. The company was established in 2020 by founders Robin Spickers, Alexander Doudkin, Rena Kleine, Jolene Ernesti, and Philipp Wurfel, who combined their expertise in software, engineering, and applied science.
The firm's core business was its AI-driven platform designed to centralize and analyze sustainability data for supply chains. This platform provided clients, primarily procurement and supply chain teams, with the tools to measure, monitor, and improve their sustainability impact. By automating the collection and classification of publicly available data, Ecotrek's technology offered instant insights and risk assessments for thousands of suppliers, enabling more sustainable supplier selection and development. The company's Sustainability Data Mining (SDM) capabilities allowed for the automated scanning and integration of data points, creating comprehensive company profiles and facilitating actionable insights into environmental, social, and ethical risks.
In July 2022, Ecotrek was acquired by EcoVadis, a global provider of business sustainability ratings. The acquisition was intended to enhance EcoVadis's technological capabilities by integrating Ecotrek's automated data collection and analysis, thereby improving the speed and quality of its own sustainability ratings. The entire Ecotrek team was merged into the EcoVadis team in Germany following the transaction. This strategic move provided EcoVadis with access to Ecotrek's database of over five million company profiles, bolstering its ability to offer predictive intelligence for sustainability risk management in the face of growing regulations like the German Supply Chain Act.
Keywords: sustainable supply chain, sustainability data mining, procurement solutions, supplier risk management, AI data analysis, supply chain transparency, ESG reporting, sustainability intelligence, automated supplier monitoring, environmental social governance, supply chain due diligence, EcoVadis acquisition, Berlin startup, sustainability reporting, corporate social responsibility, green supply chain, ethical sourcing, supply chain compliance, climate tech, sustainability measurement