Company description:
ECo Change is a data-drive startup setting new transparency standards in the fashion industry. By mixing Science, Artificial Intelligence and User Experience we automate the Life Cycle Assessment calculation making it simple, fast and affordable to assess products' environmental impact (i.e. Carbon and Water footprint and Circular Scoring).
Thanks to our platform, sustainable brands can measure the impact of their products, make strategic decisions based on data and build trust with their customers through increased transparency. We further expand our offering to the whole fashion industry through a data-rich dashboard with industry trends and insights.
Problem and Opportunity:
The fashion industry has entered a period of radical transformation. Thanks to the strong pressure coming from regulators and consumers, a growing number of companies are trying to embrace more sustainable practices.
However, due to the complexity and cost of impact assessment services, it's hard for most Brands to understand their impact, whether positive or negative. This is not only slowing down the transition towards a more sustainable industry but also limiting sustainable Brands ability to effectively communicate the positive impact of their practices.
What makes our startup unique:
With our unique approach and proprietary technology, we drastically accelerate the adoption rate of products' impact calculation bringing more transparency and awareness to an industry that is in urgent need of transformation.
Go-to-market plan:
1-6 months
6-12 months
Traction & Milestones:
Management Team
Team: 3 full time
Hiring: 2 Tech profiles
Ask:
1M Pre-seed round opening in January.
Team: 5 full time + 2 freelancers
• Grow brands presence in the Fashion industry
• Strategic Partnership set up
• Tech Team growth