
EIVEE
Transforming raw procurement data into transparent and actionable insights.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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EIVEE is a specialized carbon accounting and sustainable procurement firm that operates on a business-to-business (B2B) model, providing a sophisticated software platform combined with expert consultancy. Founded in Copenhagen, Denmark, in 2020 by Lasse Hartz Olsson, Christian Thode Larsen, and Peter Schack, the company was established by specialists with backgrounds in procurement, sustainability, technology, and top-tier consulting. The firm was created to address the market's need for high-quality, transparent data on carbon emissions, particularly those embedded within the supply chain (Scope 3), which are often the most challenging for companies to track.
The company's core offering is a carbon management platform that delivers precise, audit-ready calculations of a client's entire carbon footprint across Scope 1, 2, and 3 emissions. This service is designed to help businesses meet increasing demands for environmental accountability from customers, investors, and legislators. EIVEE's approach is a hybrid model, blending its technology with human expertise to manage data collection and validation continuously. This ensures clients receive reliable and actionable insights into their emissions, facilitating their journey toward net-zero targets. The platform provides full traceability of a company's carbon footprint throughout its value chain, identifying opportunities for both cost reduction and emissions optimization.
In May 2022, EIVEE secured approximately $4.3 million (€4 million) in a Seed funding round led by SEED Capital to accelerate its platform's growth and expand its customer base. A significant milestone occurred in November 2024 when EIVEE was acquired by Normative, a Stockholm-based leader in enterprise carbon accounting. This acquisition was a strategic move to combine EIVEE's specialized expertise and strong client base in Denmark with Normative's broader market reach across Europe, creating a more comprehensive solution for carbon accounting, emissions reduction, and regulatory compliance, particularly with standards like the Corporate Sustainability Reporting Directive (CSRD).
Keywords: carbon accounting, sustainable procurement, Scope 3 emissions, CO2 calculation, carbon footprint, sustainability reporting, ESG data, net zero, value chain traceability, environmental compliance, GHG emissions, carbon management platform, emissions reduction, CSRD compliance, B2B software, climate tech, supply chain sustainability, audit-ready data, environmental services, green tech