# Sylvera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sylvera

- Industry: Software
- Headquarters: London, UK
- Website: www.sylvera.com
- Total disclosed funding: $97M
- Latest round: Series B (Jul 10, 2023)
- Investors on record: 11

## About

Sylvera Ltd. is an innovative company focused on enhancing the integrity and efficiency of carbon credit transactions, providing a robust platform that supports informed investment decisions in carbon markets.Founded in 2020, Sylvera Ltd. is based in London, UK, and specializes in carbon credit transactions and investments. The company has successfully completed 4 deals to date. Its latest funding round, a Series B, raised GBP 45.050 mn, led by Balderton Capital, with participation from several investors including Bain & Company and Fidelity International Strategic Ventures. The total amount raised by Sylvera amounts to GBP 45.050 mn, with a current company valuation of GBP 182.782 mn. The founders of Sylvera are Allister Furey and Samuel Gill, with Allister Furey also serving as the CEO.Sylvera offers a comprehensive suite of products and services designed to enhance the integrity and efficiency of carbon credit transactions and investments. Their core offerings include a live database encompassing over 20,000 carbon credit projects, featuring both pre-issuance and ex-ante developments. The platform provides detailed evaluations of project quality and delivery risk, facilitating informed decision-making for investors and stakeholders in carbon markets. With specialized ratings methodologies and ongoing monitoring capabilities, Sylvera addresses the critical need for transparency and reliability in carbon credit procurement. Their client base includes developers, investors, and organizations across various geographical markets, including Europe, North America, and emerging markets in Asia and Latin America, all aimed at ensuring high-quality carbon credits to address climate change.Sylvera generates revenue primarily through its subscription-based model, providing access to its extensive database and rating services for carbon credit projects. The transactional structure involves B2B relationships where clients, such as investment firms and carbon credit buyers, subscribe to Sylvera's platform for real-time data and insights on project quality and pricing trends. This service supports clients in making strategic investment decisions in the carbon market. Additionally, Sylvera’s partnerships with suppliers and developers allow for streamlined transactions and procurement of credits, further enhancing its value proposition. The company maintains a transparent pricing model, ensuring that clients receive unbiased insights without conflicts of interest, which strengthens its position in the carbon credit market.Sylvera Ltd. is focused on expanding its offerings and market presence. The company is currently designing new products aimed at enhancing user experience and data accessibility, with planned launches expected in the upcoming quarters. Furthermore, Sylvera intends to expand into additional markets across Asia and Latin America by the end of 2024. The recent funding from its Series B round will be strategically utilized to support these product developments and market expansion initiatives, strengthening its competitive position within the carbon credit industry.

## Funding rounds

- Series B, Jul 10, 2023, $58M — Index Ventures, Insight Partners, Balderton Capital, Seedcamp, Speedinvest, Salesforce Ventures, LocalGlobe, Bain & Company, 9Yards Capital, Fidelity International Strategic Ventures
- Series A, Dec 10, 2021, $33M — Index Ventures, Insight Partners, Salesforce Ventures, LocalGlobe
- Seed, Mar 24, 2021, $6.3M — Index Ventures, Seedcamp, Speedinvest, Revent

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A, Series B
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series B
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series B
- Revent (https://capitalatlas.ai/funds/revent) — Seed
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A, Series B
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B
- Bain & Company — Series B
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series B
- Fidelity International Strategic Ventures (https://capitalatlas.ai/funds/fidelity-international-strategic-ventures) — Series B