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Company News14 March 2024·2 min read

Cleartraced Secures Funding Through Almi Verifieringsmedel Grant

Almi validates Cleartraced’s innovative approach to making ESG data accurate, accessible, and understandable.

CP

Christian Patay

CEO, Cleartraced

Stockholm — Cleartraced is excited to announce that we have received the ALMI “Verifieringsmedel” grant. This grant validates our innovative approach and will help us in our journey to make ESG (Environmental, Social, and Governance) data accurate, accessible, and understandable.

“The ALMI Verifieringsmedel grant is yet another proof we are on the right path and provides the resources to further advance and take the next development steps. This funding will further help us make ESG data more accurate and accessible for our clients, partners and the broader community.”

Christian Patay, CEO & Founder, Cleartraced


The Problem

Non-financial data is unstructured and non-standardized. No comprehensive aggregated data library exists, and data collection is primarily manual for both vendors and users. This makes it costly, error-prone, and slow — particularly as the volume of ESG disclosures grows under frameworks like CSRD.


Our Solution

We address these challenges with AI software that autonomously finds and extracts ESG data from global corporate reports. Our platform enhances raw data by adding meaningful data points and contextual assessments, delivered via files, APIs, or our web platform.


Utilizing the Almi Grant

The grant will be used for UI/UX work on our next-level ESG platform, ensuring a user-friendly interface. Additionally, it will help us verify customer needs and test our solution against real-world use cases.


About Almi

Almi offers advisory services, loans, and venture capital through all phases of business establishment — from idea to successful company. Almi Företagspartner AB is owned by the Swedish government and is the parent company of a group consisting of 16 regional subsidiaries, Almi Invest AB, and IFS Rådgivning AB.

How Cleartraced Can Help

Built to solve the ESG data problem

Our AI pipeline finds and extracts ESG data on any company globally — including the SMEs, private companies, and international counterparties that traditional providers cannot reach.

Custom Coverage

Built around your exact portfolio — not a generic universe.

Full Traceability

Every datapoint links to its exact source — audit-ready.

Regulatory Alignment

Structured for EBA, EU Taxonomy, CSRD, and PCAF.

API Integration

Receive ESG data directly into your systems via REST API.