What is Watershed?
Watershed Technology, Inc. operates as a comprehensive climate platform designed to empower businesses to measure, report, and mitigate their carbon footprints. The company provides a sophisticated suite of tools that enable organizations to track emissions across their entire value chain, facilitate carbon removal investments, and ensure compliance with evolving climate disclosure regulations. With a strategic presence in San Francisco and London, Watershed serves a diverse, international client base, positioning itself as an essential utility for the modern, sustainability-conscious enterprise. Its market position is defined by its ability to translate complex environmental data into actionable business intelligence, thereby bridging the gap between corporate operations and global net-zero objectives.
How much funding has Watershed raised?
Watershed has raised a total of $170M across 2 funding rounds:
Series B
$70M
Series C
$100M
Series B (2022): $70M with participation from Kleiner Perkins and Sequoia Capital
Series C (2024): $100M led by Emerson Collective, Kleiner Perkins, Greenoaks, Sequoia Capital, and Elad Gil
Key Investors in Watershed
Emerson Collective
Emerson Collective is a purpose-driven investment organization that supports entrepreneurs tackling complex societal challenges, including environmental sustainability and economic mobility.
Kleiner Perkins
Kleiner Perkins is a premier venture capital firm with a long history of backing transformative technology and climate-focused companies from early stages through to IPO.
Greenoaks
Greenoaks is an investment firm dedicated to forging long-term partnerships with exceptional companies that have the potential to define their respective industries.
What's next for Watershed?
With this latest infusion of capital, Watershed is well-positioned to accelerate its product development and expand its footprint in the global climate tech market. The company is expected to focus on enhancing its automated reporting capabilities and deepening its integration with enterprise resource planning systems to streamline carbon management. As regulatory pressures regarding climate transparency intensify, Watershed's strategic roadmap likely includes scaling its operations to meet the surging demand for high-fidelity emissions data. By leveraging its strong investor base and proven technological framework, the firm is poised to maintain its leadership in the climate software category, driving further innovation in carbon removal and environmental impact assessment.
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