# Trace funding: rounds and investors

> Trace has raised $54M across 5 rounds since 2014. Investors include Everywhere Ventures, Brand Foundry Ventures and Y Combinator. Every round with its source.

Source: https://millionrounds.com/company/trace (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Trace*

5 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Big Data & Analytics Robotics

Raised 8 months ago

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Funding summary Updated 5 Nov 2026

**$54M** raised across 5 rounds since 2014, from 5 sources

**$1.5M** Seed **$47M** Series C **$2.0M** Pre-seed **$3.0M** Seed

- **Latest round:** Seed, $3.0M Feb 2026
- **Biggest round:** $47M Series C · Apr 2022
- **Step-up i:** 1.5×
- **Investors:** 16

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2016 2018 2020 2022 2024 2026

**?** Seed

**$1.5M** Seed

**$47M** Series C

**$2.0M** Pre-seed

**$3.0M** Seed

- **First round:** Seed
- **Biggest round:** $47M
- **Usual gap between rounds:** 2 years

## The rounds

- **Feb 2026** Seed **$3.0M** *8 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Transpose Platform Management](https://millionrounds.com/fund/transpose-platform-management) [Wefunder](https://millionrounds.com/fund/wefunder) [Kevin Moore](https://millionrounds.com/fund/kevin-moore) [Zeno Ventures](https://millionrounds.com/fund/zeno-ventures) [Benjamin Bryant](https://millionrounds.com/fund/benjamin-bryant) [Formosa Capital](https://millionrounds.com/fund/formosa-capital) Reported by TechCrunch
- **Apr 2024** Pre-seed **$2.0M** *2 new* *1 returning* [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [Rev1 Ventures](https://millionrounds.com/fund/rev1-ventures) Source recorded
- **Apr 2022** Series C **$47M** *3 new* *1 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Lakestar](https://millionrounds.com/fund/lakestar) [Brand Foundry Ventures](https://millionrounds.com/fund/brand-foundry-ventures) Source recorded
- **Feb 2022** Seed **$1.5M** *2 new* [Antler](https://millionrounds.com/fund/antler) [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) Source recorded
- **Mar 2014** Seed **Amount undisclosed** *1 new* [Brand Foundry Ventures](https://millionrounds.com/fund/brand-foundry-ventures) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Seed** 2022 **Series C** 2022 **Pre-seed** 2024 **Seed** 2026 [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) [Brand Foundry Ventures](https://millionrounds.com/fund/brand-foundry-ventures) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Antler](https://millionrounds.com/fund/antler) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Lakestar](https://millionrounds.com/fund/lakestar) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [Transpose Platform Management](https://millionrounds.com/fund/transpose-platform-management)

## Everyone who backed them

[Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) VC firm **2** rounds

[Brand Foundry Ventures](https://millionrounds.com/fund/brand-foundry-ventures) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

[Antler](https://millionrounds.com/fund/antler) VC firm **1** round

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **1** round

[Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) VC firm **1** round

[Lakestar](https://millionrounds.com/fund/lakestar) VC firm **1** round

[Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) VC firm **1** round

[Transpose Platform Management](https://millionrounds.com/fund/transpose-platform-management) VC firm **1** round

[Rev1 Ventures](https://millionrounds.com/fund/rev1-ventures) Corporate VC **1** round

[Wefunder](https://millionrounds.com/fund/wefunder) VC firm **1** round

[Kevin Moore](https://millionrounds.com/fund/kevin-moore) Angel **1** round

[Zeno Ventures](https://millionrounds.com/fund/zeno-ventures) VC firm **1** round

[Benjamin Bryant](https://millionrounds.com/fund/benjamin-bryant) Angel **1** round

[Formosa Capital](https://millionrounds.com/fund/formosa-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=trace).

## Quick answers about Trace

### Who invested in Trace?

Trace's investors include Everywhere Ventures, Brand Foundry Ventures, Y Combinator, Intel Capital and Antler, and 11 more on record.

### How much has Trace raised?

Trace has raised $54M across 5 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Trace last raise?

Trace's most recent round was a Seed of $3.0M in Feb 2026.

### What was Trace's biggest round?

Trace's largest round on record is $47M (Series C), in Apr 2022.

### Who backed Trace first?

Trace's first round on record, in Mar 2014, was backed by Brand Foundry Ventures.

### What stage is Trace at?

Trace's latest named round is a Seed, in Feb 2026.

### Where is Trace based?

Trace is based in the United Kingdom.

## Companies like Trace

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**bit.bio** $264M · Nov 2026](https://millionrounds.com/company/bit-bio)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Nexgen Cloud** $179M · Oct 2026](https://millionrounds.com/company/nexgen-cloud)

## Find investors like these

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