Tracera, a NYC-based supplier of an AI-powered platform that automates the gathering, verification and auditing of sustainability knowledge, raised $12M in Sequence A funding.
The spherical was led by Foundry, with participation from Rho Ignition, Tola Capital, and Contour Enterprise Companions. As a part of this funding spherical, Tracera added a brand new member to its Board, Foundry Companion Seth Levine.
The corporate intends to make use of the funds to develop operations and its improvement efforts.
Based by CEO Patrick Obeid and spun out from Bain & Firm’s Founder’s Studio, Tracera, previously ESG Flo, helps sustainability knowledge administration with its AI-powered platform that automates the gathering, verification, and auditing of sustainability knowledge. Centered on elevating sustainability knowledge to finance-grade requirements, it empowers companies to realize compliance and substantiate their sustainability claims with correct, traceable knowledge.
Tracera’s AI-powered platform has labored with greater than 30 FORTUNE 2000 enterprise shoppers, together with EnerSys and La-Z-Boy Integrated.
The corporate has raised $17.25M since its launch in 2023.
FinSMEs
08/04/2025
