We are thrilled to announce that Treehouse has joined R3’s Venture Development programme, the start-up growth and business development program of the enterprise software firm, R3.
R3’s Venture Development program has helped many successful start-ups that are building applications on Corda, known as CorDapps, to market. The program supports early-stage companies building on Corda with business development content, technical support, design workshops and community events. More than 200 high quality mentors, Venture Capital firms and Service providers contribute to the program globally.
Launched in 2021 and headquartered in London, Treehouse is building a new global voluntary carbon credit platform that aims to transform the relationship between business and nature. In joining R3 Venture’s development program, Treehouse has full access to the benefits that it provides including extensive technical support, mentorship, accelerator and customer opportunities.
Treehouse is a carbon credit platform that offers investors both historical data and future forecasts using dynamic forest management data, modelling and AI. Treehouse will provide world class ESG risk and investment performance reporting, all viewable through a customisable and responsive dashboard. Corporates buying carbon credits through Treehouse will have access to unparalleled levels of verified dynamic real-time data across multiple layers for every single hectare of forest investment.
Co-Founder and Chief Executive Officer, Raymond Harte, said: “Carbon credits today are often based on inefficient, inconsistent, and sporadic data collection methods and simply do not accurately reflect the true value of offset purchased. Pricing is also largely opaque and often misunderstood, varying considerably project to project. This introduces financial risk to corporate balance sheets and scope for system abuse, devaluing the entire carbon offset market. Utilising blockchain technology, real time reporting and unparalleled levels of forestry data, Treehouse aims to set a new global standard in carbon credit transparency. Building the first truly dynamic, secure and accurate carbon offset credit that investors can trust.”
Co-Founder and Chief Business Officer, Louisa Bartoszek, added: “Corporates and financial institutions increasingly want to do the right thing by the planet and are accelerating their climate investments. However the startling lack of rigour in forest data analysis, risks carbon investments becoming nothing more than a quasi-meaningless vanity statistic for an annual sustainability report or earnings press release. We want to make sure that investments made to protect the environment do exactly that. As well ensure corporates who want to be responsible ESG investors, have the utmost confidence that their investments are genuinely making a difference. We believe R3 can help us achieve this and we are thrilled to be joining their programme.”
Ivar Wiersma, Head of Ecosystem & Venture Development at R3, commented: “R3 leads one of the largest DLT production ecosystems for multi-party collaboration in the world with over 400 institutions deploying and building on Corda. The R3 Venture Development program ensures start-ups derive the greatest value from our network to shorten their time-to-market and accelerate go-to-market strategy. We are delighted to welcome Treehouse to our Venture Development program. With trading still opaque and carbon emission calculation standards varying around the world, the voluntary carbon market is ripe for disruption. We believe Treehouse can set a new global standard in carbon integrity and look forward to helping them bring their platform to the world.”
Treehouse was co-founded in 2021 by Raymond Harte, Mikail Conybeare, Louisa Bartoszek and Bill Greaves.
