Treehouse recently announced raising US$18 million to construct the DeFi analytics platform of the future, which they are quite excited about. Mirana Ventures, MassMutual Ventures, Binance, Global Founders Capital, Jump Capital, Moonvault Capital, Wintermute, Fundamental Labs, CRC Capital, Berioza Associates, and other Tier 1 VC funds, and angel investors who participated in the seed round contributed towards the raise.
Treehouse came into the market in late 2020 and invested funds in the first protocols. Although there are existing solutions tracking current positions, no DeFi platform is able to meet the standard asset class platforms in terms of in-depth analytics and complete risk breakdowns. It aims to establish a platform to fill in these gaps as experts in traditional financial and technology organizations.
Treehouse has spent the last 11 months developing a DeFi tool that will revolutionize how retail and institutional investors navigate the market.
Harvest is Treehouse’s flagship product and is the most comprehensive portfolio analytics platform available in DeFi. Harvest allows you to analyze risks, historical data, and profit & loss in a carefully curated and easy-to-use interface. The platform also flags high-risk assets so that you can stay alert and exercise due diligence when interacting with suspicious contracts. Harvest scans blockchains and works on deconstructing DeFi positions to show historical data and risk measures in a slick, user-friendly interface. The analytics technology used by the firm makes information previously unavailable in DeFi available to users and offers a standard for analyzing hazards connected with current and historical positions. Harvest is set to launch in stages and will cover hundreds of protocols, starting with BNB Chain (BNB), Avalanche (AVAX), and Terra (Terra) (LUNA).
Treehouse is striving to democratize knowledge access by offering in-depth research and insights to users. The platform will also serve as an information hub for all DeFi users, thanks to a network of analysts who will provide world-class fundamental and technical commentary on both stocks and bonds.
Analysts are optimistic about Treehouse as it has developed into a varied and well-rounded company of over 100 people with locations in Singapore, Ho Chi Minh City, and Hong Kong.
The fund will be used to:
- Expand Harvest’s blockchain and protocol coverage
- Create new retail and institutional items and features.
- Improve the user experience by scaling our infrastructure.
- Provide high-quality research and insights that have been carefully vetted.
- Recruit top-tier talent for all of our locations.
Treehouse is motivated by the notion of financial inclusion at its core. The firm foresees a world in which the average person has access to financial goods and information that allows them to take advantage of DeFi’s benefits.