BREAKING - Worldly platform tracks 40,000+ suppliers SERIES B - $50M led by Silversmith & Galvanize Climate Solutions EXCLUSIVE - sole licensee of the Higg Index HQ - Concord, California - team of ~150 NEW CEO - Scott Raskin steers the rebrand CSRD watch - apparel brands scrambling for disclosure data BREAKING - Worldly platform tracks 40,000+ suppliers SERIES B - $50M led by Silversmith & Galvanize Climate Solutions EXCLUSIVE - sole licensee of the Higg Index HQ - Concord, California - team of ~150 NEW CEO - Scott Raskin steers the rebrand CSRD watch - apparel brands scrambling for disclosure data
Worldly logo
YESPRESS // CLIMATE TECH FILE No. 0422

Worldly,
quietly auditing
your closet.

The sustainability platform that turned a controversial industry scorecard into the compliance backbone of an entire sector.

CAPTION - The logo sits on a yellow border because the company underneath it has spent five years trying to keep apparel from blending into the background.

FOUNDED2019
HQConcord, CA
TEAM~150
RAISED$61M

A software company has the apparel industry's homework.

Right now, somewhere in Ho Chi Minh City, a factory manager is logging into Worldly to upload water-use figures for the last quarter. In a glass office in Portland, a brand sustainability lead is exporting the same numbers into a regulator-ready PDF. Worldly sits in the middle - a sentence in a much longer paragraph about why a t-shirt costs what it costs.

That sentence used to be a marketing slogan. Worldly is what happened when the slogan needed receipts.

The fashion industry promised sustainability for two decades. Worldly is the spreadsheet that finally showed up.

- YesPress field note, May 2026
40K+Suppliers on platform
$61MTotal raised
~150Employees
100+Countries covered

A back-of-the-envelope tour of the company, drawn on the envelope itself.

Sustainability had a data problem, not a vibes problem.

For most of the 2010s, "sustainable" in apparel meant a hangtag with a leaf on it. Brands made claims. Journalists rolled their eyes. Suppliers were asked the same questionnaire fourteen times a year by fourteen different customers. The data sat in PDFs, then in spreadsheets, then in nobody's hands.

The Sustainable Apparel Coalition (now Cascale) had built the Higg Index - a set of measurement tools for assessing the environmental and social footprint of factories, materials and products. The methodology was solid. The software wrapped around it was, charitably, not.

Then in 2022 the New York Times ran a piece accusing the Higg Index of greenwashing. The methodology survived the scrutiny. The branding did not.

The methodology was the easy part. Convincing 40,000 factories to actually fill it in was the company.

- A Worldly engineer, paraphrased

Spin out the software. Keep the rigor.

In 2019, the SAC's technology arm was spun off into a public-benefit company called Higg Co. In May 2023, after the controversy and a long internal review, the company rebranded as Worldly and became fully independent. The methodology stayed with Cascale. The platform - and the exclusive license to it - went to Worldly.

Jason Kibbey, the SAC's founding CEO, led the early years. In 2024, the board brought in Scott Raskin - a veteran enterprise-software operator with stints leading public and PE-backed companies - to take the platform from movement-adjacent NGO-spinoff to real software business. The bet, simply put: regulatory compliance was coming for apparel, and whoever owned the supplier data pipe would own the category.

You can't reduce what you don't measure. Worldly's job is to make the measuring less painful than the not-measuring.

- Scott Raskin, CEO (paraphrased from public remarks)

Five tools, one boring miracle.

The Worldly platform is, on paper, a set of modules. The Higg FEM measures a facility's environmental performance. The Higg FSLM measures its labor and social performance. The MSI scores materials. The PM evaluates whole products. The BRM grades brands themselves. Stacked together, they produce something the industry never quite had: a comparable, audit-ready data record for the lifecycle of a thing you put on your body.

Around those assessments sits the actual software. Supplier Management onboards factories and chases them for data. Product Impacts is the calculator that turns facility figures into per-SKU carbon and water numbers. Analytics lets a brand model what happens if it switched 30% of its cotton to recycled. Reporting produces the export the auditor wants. None of this is glamorous. All of it is the boring miracle that decarbonization actually requires.

Worldly - a brief chronology

2011
The Sustainable Apparel Coalition releases the first Higg Index.
2019
SAC spins off its tech into Higg Co., a public-benefit company.
2021
Series A from Titan Grove and Buckhill Capital - $11M to scale the supplier network.
2022
$50M Series B led by Silversmith Capital and Galvanize Climate Solutions.
2023
Rebrand to Worldly. Full independence from Cascale, exclusive Higg license intact.
2024
Scott Raskin appointed CEO. Enterprise-software DNA arrives.
2025
New Product Impacts and Analytics modules; Customer Forum expanded.
2026
CSRD reporting season - the platform's first real stress test at scale.

A timeline that politely does not mention the New York Times article.

The receipts arrive in dashboards.

Worldly's customer roster runs across apparel (Asics, Levi Strauss, Pearl Izumi), outdoor and equipment brands, home furnishings, and toys. The company's defining metric isn't logo-count; it's supplier-count. Every supplier on the platform is a factory that has chosen to fill in primary data - or been required to by a customer who is. That's a meaningful difference from competitors selling estimated, modeled or scraped figures.

Supplier network growth (estimate)

FACILITIES SUBMITTING PRIMARY DATA TO THE PLATFORM
2019~3,000
2021~10,000
2023~22,000
2024~32,000
202640,000+

Figures approximate, drawn from company press materials and industry reporting. The line goes up; the controversy did not, in the end, slow it down.

One audit beats ten brochures. Worldly's superpower is making the audit cheap enough to actually happen.

- YesPress reading of the supplier-network growth curve

Make the invisible invoiceable.

Worldly's stated mission is to accelerate the world's transition to sustainable consumer goods. The unstated version is sharper: turn the environmental and social cost of a product into a number a CFO can act on. Carbon, water, chemistry, labor conditions - none of it bends until it's measured, and none of it gets measured until the measurement is cheap. Worldly's pitch is that supplier-level primary data, gathered once and shared with many customers, lowers the cost per fact.

That's not a slogan. That's an actual unit-economics argument for why the platform can exist - and why customers pay for it instead of building it themselves.

Regulation is the tide. Worldly is the harbor.

The European Union's CSRD is now live. The U.S. SEC's climate-disclosure rule remains contested but won't disappear. France has a textile EPR scheme. New York has the Fashion Sustainability Act sitting in committee. The number of jurisdictions asking consumer goods companies for verifiable impact data only ever goes up.

Every one of those rules creates a job for software like Worldly's. The brands that have been treating sustainability as a marketing line item for a decade now need it as a finance line item. Worldly is one of the very few platforms with both the methodology and the supplier relationships to make that transition not awful.

Will it stay that way? Climate tech has its share of platforms that owned a category for a year and then watched it dissolve. Worldly's moat is the supplier network - 40,000 factories that already have logins, that already get questionnaires, that already submit. That's a moat dug over fifteen years. It is not casually crossed.

Back to that factory manager in Ho Chi Minh City. She hits submit. Somewhere, a sweater becomes a number. The number becomes a report. The report becomes a regulator's tick-box. The sweater - in the smallest, most boring way - gets better.

- YesPress, closing dispatch

That's what Worldly built. Not glamour. Plumbing. The kind of plumbing the next fifteen years of consumer goods is going to need a lot more of.

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