Tracera, the AI-powered platform that automates the collection, verification and auditing of sustainability data with finance-grade accuracy and traceability, today announced a $12M Series A round, led by Foundry, with participation from Rho Ignition, Tola Capital, and Contour Venture Partners. Tracera, which leverages Environmental, Social, and Governance (ESG) data to streamline companies sustainability reporting and reduce costs, has raised $17.25M since its launch in 2023. By automating ESG data management, Tracera helps companies focus on actionable insights that cut emissions, ensure compliance, and improve efficiency.

Tracera, formerly ESG Flo, is redefining sustainability data management with its AI-powered platform that automates the collection, verification, and auditing of sustainability data. Focused on elevating sustainability data to finance-grade standards, Tracera empowers businesses to achieve seamless compliance and substantiate their sustainability claims with accurate, traceable data-paving the way for smarter, sustainable growth.