Enveritas

Provides sustainability assurance for coffee and cocoa

New York City, New York, United States

About Enveritas

Enveritas provides sustainability assurance for the coffee and cocoa industries by evaluating smallholder farms worldwide. The company visits over 60,000 farms annually in more than 25 countries to assess their social, economic, and environmental practices. This hands-on approach allows even the smallest farms to meet sustainability standards without any fees. Enveritas serves coffee roasters and chocolate companies, helping them understand sustainability issues in their supply chains. By using advanced geospatial analysis, Enveritas improves the accuracy of its assessments, distinguishing itself from competitors. The goal is to empower all farmers to participate in a sustainable market, ensuring a more responsible supply chain.

New York City, New YorkHeadquarters
2016Year Founded
$116.7KTotal Funding
SEEDCompany Stage
Food & Agriculture, Data & Analytics, Social ImpactIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Flexible Spending Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Paid Vacation

Risks

Increased competition from other sustainability assurance providers threatens Enveritas' market share.
Reliance on partnerships with large corporations poses risks if strategies change.
Economic instability in key regions could disrupt Enveritas' farm visit operations.

Differentiation

Enveritas offers no-cost sustainability assurance to smallholder coffee and cocoa farmers.
The company uses advanced geospatial analysis for accurate sustainability verification.
Enveritas operates globally, visiting over 60,000 smallholder farms annually.

Upsides

Growing demand for ethical sourcing boosts Enveritas' service demand among coffee and cocoa brands.
EU deforestation regulations create opportunities for Enveritas to expand its client base.
Advancements in remote sensing technology enhance Enveritas' verification processes.

Funding

Total raised$116.7 K
Latest valuation$2.00 M
StageSEED
SEED
7/31/2018
N/A
$2.00 M