Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics | Taiwan News

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SINGAPORE — Media Out­Reach — 16 March 2022 — Tree­house, a Web3 com­pa­ny trans­form­ing on-chain data into mean­ing­ful met­rics to help decen­tral­ized finance (DeFi) investors make informed finan­cial deci­sions, announced an US$18 mil­lion seed round raise. 

Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics

An undis­closed large Fin­Tech investor led the round with par­tic­i­pa­tion from strate­gic investors, includ­ing Mirana Ven­tures, Light­speed Ven­ture Part­ners, Binance, Mass­Mu­tu­al Ven­tures, Glob­al Founders Cap­i­tal, Jump Cap­i­tal, GSR, Win­ter­mute, Do Kwon of Ter­raform Labs, senior exec­u­tives from Soft­Bank Vision Fund, and more. 

Found­ed just 11 months ago and fueled by the team’s com­mit­ment toward finan­cial inclu­sion, Tree­house is build­ing the infra­struc­ture required to enable every­day peo­ple to ful­ly har­ness finan­cial prod­ucts and ser­vices made pos­si­ble by DeFi. Tree­house­’s ecosys­tem of prod­ucts will empow­er and shape the way par­tic­i­pants inter­act with the DeFi economy. 

David Toh from Mirana Ven­tures, Ven­ture Part­ner of Bybit and Bit­DAO, said, “As an ear­ly sup­port­er and investor of Tree­house, we are excit­ed by the growth of the com­pa­ny and what the team has achieved in a short time. We believe in back­ing builders who have the grit to chal­lenge the sta­tus quo and launch dif­fer­en­ti­at­ed and inno­v­a­tive prod­ucts in DeFi.” 

The Most Comprehensive DeFi Analytics Platform 

Har­vest, the com­pa­ny’s flag­ship prod­uct, index­es blockchains and decon­structs users’ DeFi posi­tions to present his­tor­i­cal data, prof­it & loss (P&L), and risk met­rics on a seam­less and high­ly intu­itive user inter­face. The ana­lyt­ics plat­form pro­vides infor­ma­tion pre­vi­ous­ly unavail­able in DeFi and estab­lish­es a stan­dard for users to ana­lyze the DeFi risks asso­ci­at­ed with their cur­rent and his­tor­i­cal positions. 

“As the num­ber of DeFi pro­to­cols, sup­port­ed L1s, L2s, and bridges increase over time, Tree­house­’s approach of build­ing an in-house sys­tem-of-record for every DeFi user will become crit­i­cal­ly valu­able and a great dif­fer­en­tia­tor. On top of the tech­ni­cal accu­ra­cy is a beau­ti­ful, sim­pli­fied dash­board expe­ri­ence opti­mized for desk­top and mobile to cater to both advanced and retail investors,” said Hemant Moha­p­a­tra and Mar­sha Sug­ana from Light­speed Ven­ture Partners. 

Dominic Chrum­ka from Win­ter­mute said, “Win­ter­mute is proud to be sup­port­ing Tree­house in their mis­sion to make the man­age­ment of DeFi port­fo­lios easy and mean­ing­ful. Their cross-chain dash­boards and com­pre­hen­sive ana­lyt­ics, espe­cial­ly the abil­i­ty to track P&L attrib­uted to pools in which you are pro­vid­ing liq­uid­i­ty, are game-chang­ing for the industry.” 

Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics

Harvest and Beyond 

Since its found­ing in mid-2021, Tree­house has grown expo­nen­tial­ly to over 100 peo­ple and launched Har­vest Beta. The new funds raised will go toward accel­er­at­ing Tree­house­’s growth by: 

  • Expand­ing Har­vest’s blockchain and pro­to­col coverage 
  • Build­ing more prod­ucts and fea­tures for retail and insti­tu­tion­al users 
  • Scal­ing its infra­struc­ture for users to expe­ri­ence a high­ly seam­less and low laten­cy platform 
  • Build­ing a well-informed and inno­v­a­tive com­mu­ni­ty through curat­ed con­tent (in-house research) and incen­tive programs 
  • Hir­ing world-class tal­ent across their glob­al offices 


“We are grate­ful to have with us a group of part­ners with such deep tech­ni­cal exper­tise and net­works across both cryp­tocur­ren­cy and tra­di­tion­al finance ecosys­tems. This fund­ing round will enable us to exe­cute on our vision to help users con­fi­dent­ly nav­i­gate DeFi,” said Bran­don Goh, CEO of Treehouse. 

Melvin Hade, Part­ner at Glob­al Founders Cap­i­tal APAC, said, “With the ris­ing num­ber of investors hop­ping onto the DeFi band­wag­on, this is the per­fect time for Tree­house to bring out its state-of-the-art ana­lyt­ics plat­form to the pub­lic. When we first spoke to them, we were excit­ed about the insights they had that led them to build a unique prod­uct that the world had nev­er seen before. As one of the ear­li­est back­ers of Tree­house, we are ful­ly com­mit­ted to their progress and excit­ed about the long-term partnership.” 

To see an ana­lyt­i­cal break­down of your cur­rent and his­tor­i­cal BNB Chain posi­tions on Har­vest, vis­it www.treehouse.finance.

Social Media Channels 

Twit­ter: @TreehouseFi
Dis­cord: https://discord.gg/ufxhSgxBNF
Telegram Com­mu­ni­ty: @treehousefi
Telegram Insights: @treehouseinsights
Red­dit: r/Treehousefinance
LinkedIn: Tree­house
Medi­um: @TreehouseFinance

#Tree­house­Fi­nance

The issuer is sole­ly respon­si­ble for the con­tent of this announcement.



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