Worldcoo S.L.
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Worldcoo S.L. - overview
Established
2012
Location
Barcelona, -, Spain
Primary Industry
Financial Services
About
Worldcoo S. L. is a social enterprise that facilitates micro-donations at the point of sale, allowing customers to effortlessly contribute to charitable causes while shopping. Their innovative solution enhances customer engagement in social giving.
Founded in 2012 in Barcelona, Spain, Worldcoo S. L. specializes in enabling customers to make micro-donations while shopping. The company has raised a total of EUR 0.
57 mn through funding rounds, with the latest round in October 2019 led by the Ship2B Foundation and International Federation for Emergency Medicine. The CEO is Sergi Moret, who has a background in leadership roles within the technology and social impact sectors. Worldcoo primarily offers the "Redondeo Solidario," a service that allows customers to round up their purchases to the nearest euro at the point of sale for charitable donations. Launched in 2018, it engages over 5,000 stores across various sectors in Spain, including supermarkets and ticket vendors, making it easy for customers to support social and environmental projects.
In the most recent fiscal year, Worldcoo reported a revenue of EUR 669,176. 9 and an EBITDA of EUR -829,191. 2, indicating a focus on growth within its operational framework. Worldcoo aims to expand its services into additional European markets and is currently designing new features for the Redondeo Solidario program.
The funding raised in October 2019 will support these initiatives, focusing on enhancing the user experience and broadening retail partnerships to increase the volume of donations processed. The company is strategically positioning itself to capture a larger share of the social giving market across Europe.
Current Investors
Caixa Capital Risc, Ship2B Foundation, International Federation for Emergency Medicine
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.worldcoo.com
Verticals
E-commerce, FinTech
Company Stage
Series A
Total Amount Raised
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