Traace (Future 40, 2021) raises €2,5M to help companies reduce their carbon footprint

Everything is going fast for Traace! Created in 2020 and selected in STATION F’s Future 40 in 2021, the company just announced a €2,5M raise with Orange Ventures, Arché-Gruppe family office, and private investors. Founded by Rodolphe Denieau, Thomas Guyot, and Patrick Nollet, Traace, part of HEC program at STATION F, is a SaaS solution aiming to help companies to reduce their carbon footprint. Traace collects data from the company's entire value chain, analyzes the main CO2 emissions sectors, and modelizes actions to simulate their effect on the company’s emissions.

Thanks to this fundraising, Traace will reinforce its tech and sales teams by recruiting 10 new talents by the end of the year, growing its team from 10 to 20. With this new workforce, the company plans to triple its customers in France and Europe. Traace has already convinced about 30 clients, including Sodexo, actors from agri-food, industry or real estate sectors.

“This fundraising is a proof of trust from our investors and an opportunity to accelerate our development. We have customers that trust us since the beginning and we are already collaborating with prestigious consulting firms such as Carbone 4, EY, South Pole or Utopies. The adhesion to our product shows us that there was a real need for this kind of solution. We will continue to optimize it and open it to new markets”, explains Rodolphe Denieau, co-founder and CEO of Traace.

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Watch Traace’s pitch for STATION F’s Future 40, 2021: