What is Watershed?
Watershed Technology, Inc. operates as a sophisticated climate intelligence platform designed to assist businesses in measuring their carbon footprint, executing emissions reduction strategies, and managing carbon removal portfolios. With a dual-hub presence in San Francisco and London, the company provides a comprehensive suite of tools that enable organizations to achieve transparency in their climate progress. By integrating data-driven insights with actionable sustainability workflows, Watershed has positioned itself as an essential utility for enterprises aiming to meet rigorous regulatory standards and internal net-zero commitments in an increasingly carbon-conscious global economy.
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 Greenoaks, Sequoia Capital, Elad Gil, Kleiner Perkins, and Emerson Collective
Key Investors in Watershed
Greenoaks
Greenoaks is dedicated to identifying and partnering with exceptional companies at the early stages of their development, aiming to support focused teams throughout their growth.
Sequoia Capital
Sequoia Capital is a global venture capital firm with an unparalleled track record of partnering with entrepreneurs to create market-leading companies across various technology sectors.
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that invests in early and growth-stage technology and life science companies, providing operational support from seed through IPO.
What's next for Watershed?
With the infusion of this latest capital, Watershed is well-positioned to accelerate its product roadmap and expand its market reach. The company is expected to deepen its investment in AI-driven climate analytics and enhance its reporting capabilities to meet the evolving demands of international climate disclosure frameworks. As the enterprise demand for verifiable sustainability data intensifies, Watershed's strategic focus will likely center on scaling its operational footprint and strengthening its ecosystem of carbon removal partners, ensuring that it remains at the forefront of the climate technology transition.
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