We're excited to announce that CarbonTrail is kicking off a new fundraising round, seeking to raise $650,000 NZD to fuel our next stage of growth. Our mission remains unchanged: to help businesses reduce their emissions and achieve sustainable growth, ultimately aiming to avoid one billion tonnes of emissions by 2050.
Leading the Charge in Emissions Reporting
At CarbonTrail, we make it easy for large businesses to understand and report their emissions, including those linked to their suppliers and, for financial institutions, their customers. With global legislation requiring emissions reporting for banks, insurers, and listed companies — now live in New Zealand and soon to begin in Australia — there's an urgent need for simple, effective solutions.
The challenge is that many suppliers and customers have never measured their emissions and often don’t know where to start. That’s where CarbonTrail comes in. Our platform connects directly to the data sources businesses already use, such as electricity meters, fuel cards, waste providers, freight companies, air travel, and accounting software. We deliver audit-ready results in a fraction of the time it typically takes, and no sustainability expertise is required.
Here's a demo of the process in action:
Helping Businesses Grow Sustainably
Once businesses have their emissions data, they can easily share it with any requesting organization. This data not only meets regulatory requirements but also helps businesses grow, attract new customers, and even recruit talent by showcasing their commitment to sustainability.
We're proud to announce that we’ve recently won a competitive bid to help BNZ measure the emissions of 1,000 of their customers in a pilot program, aiming for consistent reporting and decarbonisation. BNZ's ambitious goal is to measure 50% of its SME customer emissions over the coming years — a challenge that aligns perfectly with our mission to drive emissions reduction at scale.
"We needed to find a way for our SME customers to self serve and CarbonTrail have been able to work with all our internal teams to get to this position. The conversations have been proactive and open, which is crucial when dealing with different capabilities within the bank."
Alex West - Head of Sustainable Finance (Growth Sectors) - Bank of New Zealand
The Carbon Accounting Space Is Growing, And So Are We
Carbon accounting represents a $13.5bn USD market, and is growing at a rate of 13.5%, according to Fortune Business Insights. This is an exciting opportunity for us, and also for forward-thinking investors.
Having bootstrapped CarbonTrail from the beginning, we're now seeking investment to accelerate our impact. Angel Investment Marlborough is leading the round and shares our excitement about the team's potential, our cutting-edge technology, and the significant growth opportunities ahead.
"CarbonTrail is not just about measuring emissions; they help suppliers to create initiatives to reduce emissions which is critical to assist companies and industries to meet their climate goals.
As an investor we loved the team’s focus on the unique value their solution offers and how it can complement existing solutions and consultants (i.e. sustainability, accountants, certifiers etc) allowing them to go faster and more efficiently for their customers so CarbonTrail becomes an indispensable tool in the decarbonisation process to have more impact."
Warren McNab - Angel Investors Marlborough
Our vision is clear: to prevent the worst outcomes of climate breakdown by achieving massive emissions reductions. As optimistic realists, we know that with the right support, we can make a meaningful difference. This raise will enable us to expand into new markets and continue providing businesses with the tools they need to thrive sustainably in an evolving global economy.
If you're interested in supporting our mission, or want to learn more about this opportunity, please reach out.
