# Tree.ly FlexCo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tree-ly-flexco

- Industry: Environmental Services
- Headquarters: Dornbirn, Austria
- Website: www.tree.ly
- Total disclosed funding: $5.4M
- Latest round: Seed (Jun 28, 2024)
- Investors on record: 4

## About

Founded in 2021 and based in Dornbirn, Austria, Tree.ly FlexCo, aka Tree.ly operates as an environmental service platform that engages in lessening carbon footprints. In June 2024, Tree.ly FlexCo raised EUR 5 million in seed funding led by new investor PortfoLion, with participation from other new investors aws Fondsmanagement, SymbiaVC, and TBA Network. As of 2024, the company is led by CEO, Jodok Batlogg.

Tree.ly offers a digital platform for precise data collection and monitoring of projects. Its platform connects forest owners with companies, helping forest owners earn extra income by managing forests for climate resilience. The company has secured contracts covering 105,299 hectares across Europe storing over 2.8 million tons of CO2. Tree.ly collaborates with forest owners, municipalities, corporates, and citizens.

The company plans to use the funding 2024 to further support its environmental platform.

## Funding rounds

- Seed, Jun 28, 2024, $5.4M — PortfoLion, aws Fondsmanagement, TBA Network, SymbiaVC

## Investors

- PortfoLion (https://capitalatlas.ai/funds/portfolion) — Seed
- aws Fondsmanagement (https://capitalatlas.ai/funds/aws-fondsmanagement) — Seed
- TBA Network (https://capitalatlas.ai/funds/tba-network) — Seed
- SymbiaVC (https://capitalatlas.ai/funds/symbiavc) — Seed