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Sylvera

18-29 Mora St, London, EC1V 8BT, United Kingdom

Overview

Sylvera provides trusted, independent data and ratings on carbon offset projects to help buyers and investors evaluate carbon sequestration quality. It positions itself as a neutral data layer (not a marketplace) that does not sell credits or take payments from project developers. The company builds standardized assessment frameworks via market consultation and uses ground calibration (e.g., lidar, radar) plus machine learning on satellite data to benchmark and monitor projects. Sylvera says this data-driven approach underpins models used by large institutional customers that demand rigour. Since founding in 2020 it has grown usage seven-fold and lists customers including S&P Global, Salesforce, BCG and Mitsubishi. The company has raised nearly $100M in external funding and is using new capital to expand into the US and scale engineering and product teams. Sylvera provides carbon offset ratings using proprietary data and machine learning to evaluate carbon credits. Its platform supplies comprehensive and accessible insights for corporate sustainability leaders, carbon traders, and policymakers to identify high-quality carbon projects. The company is partnering with researchers at UCLA, NASA’s Jet Propulsion Lab, and University College London to expand its proprietary methods for evaluating carbon performance. Sylvera is led by co-founder and CEO Dr. Allister Furey. The company has raised a total of $39.5M since its 2020 founding, including a $32.6M Series A. Sylvera is a U.K.-based startup that applies satellite, radar and lidar data alongside machine learning to create independent ratings for carbon offset projects. It has developed proprietary datasets in collaboration with scientists from UCLA, the NASA Jet Propulsion Laboratory and University College London. The company assesses both carbon performance and project quality — including additionality, permanence, co-benefits and risk — to produce standardized ratings. Sylvera delivers its ratings and analysis via a web application and an API, charging customers a subscription. Its product is intended to enable purchase decisions and post-purchase monitoring to reduce greenwashing as corporate demand for offsets grows. Financially, Sylvera has raised seed funding and also secured a government research contract to support its work.

Total raised
$97M
Funding rounds
4
Latest round
Series B
Latest activity
Jul 2023

Industries

  • Artificial Intelligence (AI)
  • Information Technology
  • Machine Learning
  • Market Research
  • Software
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Recent funding

  1. Series B

    Jul 2023

    $57M

  2. Series A

    Jan 2022

    $33M

  3. Seed

    May 2021

    $6M

Team

  • Allister Furey

    Co-Founder & CEO

    LinkedIn
  • Samuel Gill

    Co-Founder & COO

    LinkedIn
  • Julia Hand

    SVP Data Products & Ratings

    LinkedIn
  • Thomas Herry

    Vice President, Pre-Issuance Solutions

    LinkedIn