
Investing in a Greener Future with AI-Powered Ratings
At EvolveX, we’re committed to supporting startups that leverage technology to create a more sustainable future. That’s why we’re excited to announce our pre-seed investment in EcoRatings, a groundbreaking platform that empowers consumers to make informed, eco-friendly choices.
EcoRatings, founded by a team of experienced professionals with backgrounds in impact assessment, technology, and business development, provides numerical sustainability ratings based on the United Nations’ 17 Sustainable Goals Framework. This innovative approach allows consumers to easily compare the environmental impact of products and services across various sectors, including Travel, Fashion, FMCG, Food, and Healthcare.
Why EvolveX Invested in EcoRatings
- Disruptive Technology: EcoRatings leverages AI/ML and Big Data to disrupt traditional sustainability assessment frameworks, offering a more precise and data-driven approach. This technology has the potential to revolutionize how consumers evaluate the environmental impact of their purchasing decisions.
- Experienced Team: The founding team possesses a unique blend of expertise in sustainability, technology, and business strategy, ensuring a strong foundation for EcoRatings’ growth.
- Growing Market Demand: Consumers are increasingly demanding transparency and sustainable practices from businesses. EcoRatings provides a valuable solution for businesses to showcase their commitment to sustainability and for consumers to make conscious choices.
- Global Impact: Launched during COP28 in the UAE, EcoRatings has a global vision and the potential to drive significant positive change in consumer behavior worldwide.
EvolveX’s Commitment to EcoRatings’ Success
As part of our accelerator program, EvolveX is dedicated to providing EcoRatings with the resources and guidance needed to scale their impact. We will support them by:
- Mentorship and guidance: Leveraging our network of experienced mentors to provide strategic advice and support.
- Network access: Connecting EcoRatings with potential partners, investors, and clients within the We Founder Circle ecosystem.
- Business development support: Assisting with go-to-market strategies and scaling their operations.
We believe EcoRatings has the potential to become a leading force in the global sustainability movement. By empowering consumers with data-driven insights, EcoRatings is paving the way for a more sustainable future.
Learn more about EcoRatings and their innovative approach to sustainability assessments by visiting their website. https://ratings.eco/