What is Trace?
Trace operates as a sophisticated digital platform designed to empower both individuals and enterprise-level entities to measure, mitigate, and offset their carbon footprints. By integrating seamless tracking tools with actionable insights, the company effectively removes the traditional barriers to achieving carbon neutrality. Its market position is defined by a commitment to making climate action both accessible and rewarding, utilizing proprietary technology to translate complex environmental data into intuitive user experiences. As businesses face mounting pressure to report on their ecological impact, Trace provides the necessary analytical framework to ensure compliance and foster long-term sustainability goals.
How much funding has Trace raised?
Trace has raised a total of $1.9M across 1 funding round:
Other Financing Round
$1.9M
Other Financing Round (2022): $1.9M with participation from Antler VC, Epoch Capital, 5 Pillars Capital, Existential Capital, and The Fund
Key Investors in Trace
Epoch Capital
Epoch Capital is a proprietary trading firm founded in Sydney in 2007, focused on transforming discretionary trading decisions into systematic trades through complex research and technology-driven strategies.
Antler VC
Antler VC is a global early-stage venture capital firm that supports founders from the pre-seed stage through to growth, focusing on high-impact technology startups.
5 Pillars Capital
5 Pillars Capital is an investment firm that provides strategic backing to companies demonstrating strong growth potential and sustainable business models.
What's next for Trace?
With this major enterprise-level funding, Trace is poised to accelerate its product development roadmap and expand its market reach. The strategic allocation of capital will likely focus on enhancing the platform's analytical capabilities, enabling deeper integration with corporate supply chain management systems. As the company scales, it is expected to prioritize the development of advanced reporting features that cater to the rigorous requirements of international regulatory bodies. By leveraging its recent investment, Trace aims to solidify its status as a leader in the climate-tech ecosystem, driving the transition toward a net-zero future through scalable, technology-enabled interventions.
See full Trace company page
