What is Worldcoo?
Worldcoo is a pioneering company that enhances the shopping experience by facilitating small charitable donations at the point of sale through its innovative 'Redondeo Solidario' system. This solution empowers customers to round up their purchases, contributing to various social and environmental projects and fostering a sense of community and social responsibility. With a network of over 5,000 participating stores and having raised more than 101 million euros, Worldcoo effectively connects businesses, customers, and social entities to generate positive impact. Their services are designed for companies aiming to bolster their corporate social responsibility initiatives and engage customers in meaningful ways.
How much funding has Worldcoo raised?
Worldcoo has raised a total of $2.9M across 3 funding rounds:
Other Financing Round
$64K
Series A
$317K
Unspecified
$2.5M
Other Financing Round (2013): $64K with participation from Carles Florensa
Series A (2014): $317K led by The Business Startup Show, Banco Sabadell, and Ona Capital
Unspecified (2016): $2.5M supported by Caixa Capital Risc
Key Investors in Worldcoo
Caixa Capital Risc
Caixa Capital Risc is a venture capital firm that invests in innovative early-stage startups, with a focus on technology, biotechnology, and the industrial sector. They manage investments through specialized funds, directing resources into technology, bio-ventures, and industrial ventures.
Banco Sabadell
Grupo Banco Sabadell is a Spanish financial services group offering banking products and services to individuals and businesses. The institution emphasizes innovation and technology, aiming to address client needs across various markets with an international presence.
Ona Capital
Ona Capital is a venture capital and private equity firm established in 2007 and based in Barcelona, Spain. They specialize in investing in micro, small, and medium enterprises.
What's next for Worldcoo?
The recent major strategic investment signals Worldcoo's readiness for its next phase of expansion and innovation. This capital infusion is expected to fuel further development of its point-of-sale donation platform, potentially broadening its reach to new markets and enhancing its technological capabilities. Worldcoo's focus on integrating social impact with commercial transactions positions it favorably to capitalize on growing consumer demand for socially responsible business practices. Future endeavors will likely involve forging new partnerships with retailers and non-profit organizations, solidifying its role as a key facilitator of corporate social responsibility.
See full Worldcoo company page
