Watershed provides an enterprise climate platform that combines climate data and climate action to help large companies measure, report, and reduce their carbon emissions. In 2023 the company acquired CEDA, a multi-region emissions database, launched Watershed Disclosures to streamline global sustainability reporting, and expanded the Watershed Marketplace to enable companies to fund clean power and sustainable aviation fuel. The company employs nearly 300 people and has offices in San Francisco, New York, and London. Customers span every region and industry and include General Mills, Suncorp, Medline, BBVA, Paramount, Spotify, Klarna, four of the top six US banks, and six of the top 10 private equity firms. Watershed has partnered with KPMG, Accenture, ERM, and PCAF. The company raised $100M in a Series C at a $1.8B valuation and intends to use the proceeds to expand operations and its business reach.

Total raised

$100M

Funding rounds

1

Latest round

Series C

Latest activity

Feb 2024