About Cleartrace
Cleartrace is a company based in Austin (United States) founded in 2017 by John Clippinger and John Redpath.. Cleartrace has raised $24 million across 3 funding rounds from investors including Tenaska, Exelon and Brookfield Asset Management. Cleartrace operates in a competitive market with competitors including Watershed, Titan, ClimeCo, Equilibrium Energy and RadianGEN, among others.
- Headquarter Austin, United States
- Founders John Clippinger, John Redpath
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Sectors
EnvironmentTechnology Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Cleartrace Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series B
Jun 29, 2022
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Investors
Tenaska
& 7 more
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Employee Count
Employee Count
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Funding Insights of Cleartrace
Cleartrace has successfully raised a total of $24M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $20.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series B - Cleartrace | Valuation | ClearSky | |
| Dec, 2020 | Amount | Series A - Cleartrace | Valuation | Clean Energy Ventures | |
| Jun, 2018 | Amount | Series A - Cleartrace | Valuation | Counterpointe Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cleartrace
Cleartrace has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Tenaska, Exelon and Brookfield Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage climate tech startups are supported with seed capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cleartrace
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cleartrace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleartrace Comparisons
Competitors of Cleartrace
Cleartrace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Watershed, Titan, ClimeCo, Equilibrium Energy and RadianGEN, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform for enterprise sustainability measurement, reporting, and action is provided.
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| domain | founded_year | HQ Location |
Titan is focused on GPS-based athlete performance tracking solutions.
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| domain | founded_year | HQ Location |
Environmental project development and management services are offered.
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| domain | founded_year | HQ Location |
Software solutions for energy portfolio management are offered.
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| domain | founded_year | HQ Location |
Solar asset management services are provided for PV projects.
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| domain | founded_year | HQ Location |
End-to-end platform for distributed renewable energy finance is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cleartrace
Frequently Asked Questions about Cleartrace
When was Cleartrace founded?
Cleartrace was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Cleartrace located?
Cleartrace is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Cleartrace?
Lincoln Payton is the current CEO of Cleartrace.
Is Cleartrace a funded company?
Cleartrace is a funded company, having raised a total of $24M across 3 funding rounds to date.
What does Cleartrace do?
Cleartrace was founded in 2017 and is headquartered in Austin, United States. The company operates in the sustainability sector, providing a cloud-based platform for climate accounting. Services include processing audit trails across the energy supply chain, facilitating digital reporting, auditing, and compliance. Operations enable connected data management for environmental tracking and regulatory adherence.
Who are the top competitors of Cleartrace?
Cleartrace's top competitors include Watershed, Equilibrium Energy and ClimeCo.
Who are Cleartrace's investors?
Cleartrace has 8 investors. Key investors include Tenaska, Exelon, Brookfield Asset Management, ClearSky, and EDF Trading.
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