Tracera, a developer of an AI-powered corporate sustainability platform, has secured $12 million in a Series A funding round. The capital raise is intended to accelerate the growth and expansion of its solution that consolidates environmental, social, and governance (ESG) data for corporate users. With the newly raised funds, Tracera plans to invest in further technological development, scale its market presence, and enhance its ability to support organizations in tracking and reporting on sustainability metrics. The platform leverages artificial intelligence to facilitate data aggregation and analysis, thereby enabling companies to manage ESG performance more efficiently.

The funding round underscores growing investor interest in solutions that address the increasing demands for corporate sustainability and responsible governance. By combining advanced analytics with AI-driven automation, Tracera’s platform aims to provide more comprehensive and actionable insights for companies seeking to meet evolving regulatory requirements and stakeholder expectations. The company plans to deploy the new funding to refine platform capabilities, expand its operational footprint, and foster innovation in the field of corporate ESG performance management.

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Tracera