Open Forest
Zug, Canton Zug · Founded 2021 · Switzerland LLC · 7 known investors
Find your way into Open Forest
66 people in our graph share verified history with the Open Forest team — schools, employers, funds. One of them is your warm intro.
Michael Zehnderunlockedknows Frederic Fournier · together at IMD (overlapped)
×6knows the team · via IMD
knows the team · via Open Forest
×3knows the team · via University of Lausanne - UNIL
knows the team · via Université de Neuchâtel
Open Forest Protocol builds data-backed financing and monitoring mechanisms for nature-based climate solutions, working with afforestation and reforestation projects tied to the voluntary carbon market. It collaborates with reforestation initiatives across 20 countries.
Founders & leadership
Open Forest was founded in 2021 by Frederic Fournier and Michael David Kelly.
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Frederic FournierinCEO and Co-founderFrederic Fournier is CEO and co-founder of Open Forest Protocol, which builds measurement and financing systems for forestation projects in the voluntary carbon market. He has over 20 years of experience in environmental engineering, geology, and hydrogeology, and co-founded ON A MISSION, a non-profit supporting reforestation investments.
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Michael David KellyCo-founder
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Olha DykaExecutive
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Aureline Natacha GrangeExecutive
Board
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Jeremy Daniel EpsteinBoard director
Investors · 7
Reported raises · per SEC filings
Form D private placements$166.3K disclosed across 1 of 2 rounds · 2022–2023
▶Undisclosed amountofferedFeb 2023 · Other TechnologyRule 506(b)
▶Undisclosed amountofferedFeb 2023 · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Olha DykaExecutive Officer
- Aureline Natacha GrangeExecutive Officer
- Jeremy Daniel EpsteinDirector
- Frederic FournierExecutive Officer
- Michael David KellyExecutive Officer
- Minimum investment
- $50K
- Proceeds to insiders
- $2.5M
- Incorporated
- Limited Liability Company, Switzerland, 2021
- Federal exemptions
- 06b
▶$166.3KraisedJun 2022 · 2 investors · Other TechnologyRule 506(c)
▶$166.3KraisedJun 2022 · 2 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Frederic FournierExecutive Officer
- Olha DykaExecutive Officer
- Aureline Natacha GrangeExecutive Officer
- Michael David KellyExecutive Officer
- Jeremy Daniel EpsteinDirector
- Offering amount
- $7M
- Amount sold
- $166.3K
- Minimum investment
- $66.3K
- Proceeds to insiders
- $842K
- First sale
- May 2022
- Incorporated
- Limited Liability Company, Switzerland, 2021
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Open Forest do?
- Open Forest Protocol builds data-backed financing and monitoring mechanisms for nature-based climate solutions, working with afforestation and reforestation projects tied to the voluntary carbon market. It collaborates with reforestation initiatives across 20 countries.
- Who founded Open Forest?
- Open Forest was founded by Frederic Fournier, Michael David Kelly in 2021.
- Who are Open Forest's investors?
- Open Forest's investors include Capria Ventures, Mercy Corps Ventures, Valor Capital Group, Big Brain Holdings, Not Boring Capital, Shima Capital, Übermorgen Ventures.
- How much funding has Open Forest raised?
- Open Forest has disclosed $166.3K raised across 1 of its 2 known rounds.
- Where is Open Forest headquartered?
- Open Forest is headquartered in Zug, Canton Zug.