DeFi Analytics Firm Treehouse Raises $18M Seed Funding

Treehouse aims to provide retail investors the infrastructure needed for them to make informed decisions on their DeFi positions

AccessTimeIconMar 16, 2022 at 10:10 a.m. UTC
Updated Mar 16, 2022 at 3:11 p.m. UTC

Jamie Crawley is a CoinDesk news reporter based in London.

Decentralized finance (DeFi) analytics firm Treehouse has raised $18 million in seed funding to fuel its financial inclusionary goals.

  • The round was led by an "undisclosed large fintech investor" with participation from several others including Binance, Lightspeed, Wintermute and Jump Capital, Treehouse announced on Wednesday.
  • The round also participation from Mirana Ventures, MassMutual Ventures, Binance, Global Founders Capital, Moonvault Capital, GSR, K3 Ventures, LeadBlock Partners, Coinhako, Bitpanda and Pintu, among others.
  • Treehouse is aiming to provide infrastructure for investors to make informed decisions on their DeFi positions. DeFi is an umbrella term for lending, trading and other financial activities carried out on a blockchain without traditional middlemen.
  • The firm's flagship product, Harvest, is used to deconstruct user data and presents them with risk metrics, profit and loss and other historical data with the aim of establishing a DeFi data analysis standard.
  • The funds will be used to expand Harvest's blockchain and protocol coverage and build more products for retail and institutional users.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Jamie Crawley is a CoinDesk news reporter based in London.

CoinDesk - Unknown

Jamie Crawley is a CoinDesk news reporter based in London.

Trending

1
CoinDesk - Unknown
Former JPMorgan Banker Samir Shah Becomes COO at Pantera Capital

Shah joins Pantera after 12 years at JPMorgan spanning roles in sales, strategy and digital.

CoinDesk - Unknown
2
CoinDesk - Unknown
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data

Ether and most other major altcoins regain ground they'd lost in last week's downturn; China companies seem unconvinced by blockchain technology.

CoinDesk - Unknown
3
CoinDesk - Unknown
NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say

Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules.

CoinDesk - Unknown
4
CoinDesk - Unknown
Bitcoin se recupera y supera los $19K; Nomura advierte de una recesión en EE. UU. y Reino Unido

Nomura escribió acerca de una recesión en la eurozona, el Reino Unido y Asia Pacífico, lo que podría influir en los precios de las criptomonedas.

CoinDesk - Unknown