Investment Rationale · Index Ventures
Product
Sylvera provides software that independently and accurately automates the evaluation of carbon projects that capture, remove, or avoid emissions.
Its software independently and accurately automates the evaluation of carbon projects that capture, remove, or avoid emissions
Traction
Sylvera has experienced sevenfold growth in its customer base, expanding across major financial institutions, infrastructure providers, and sovereign governments.
Since January 2022 Sylvera has seen sevenfold growth in its customer base, signing on clients ranging from major financial services institutions and infrastructure providers to sovereign governments.
Team
Sylvera was founded in 2020 in the UK by CEO Allister Furey and President Sam Gill.
Founded in 2020 in the UK, Sylvera makes it possible for companies and governments to invest in carbon credits and confidently report on their impact.
Business model
Sylvera maintains complete independence by not dealing in, brokering carbon credits, or taking payment for rating carbon projects.
Crucially, the company is completely independent: it does not deal in or broker the buying and selling of carbon credits or take payment for rating projects.
What founders can learn
- The traction evidence that carried weight: Index Ventures wrote that Sylvera has experienced sevenfold growth in its customer base, expanding across major financial institutions, infrastructure providers, and sovereign governments.
- How the team was judged: Index Ventures wrote that Sylvera was founded in 2020 in the UK by CEO Allister Furey and President Sam Gill.
- How the model was assessed: Index Ventures wrote that Sylvera maintains complete independence by not dealing in, brokering carbon credits, or taking payment for rating carbon projects.
Source and provenance
Investment Rationale published by Index Ventures on indexventures.com (first-party source). Read the original
