Watershed Raises $100 Million in Series C
Watershed, a San Francisco, CA, and London, U.K-based enterprise sustainability platform, has raised $100 million in a Series C funding round. The investment brings Watershed's valuation to $1.8 billion.
Watershed, a San Francisco, CA, and London, U.K-based enterprise sustainability platform, has raised $100 million in a Series C funding round. The investment brings Watershed's valuation to $1.8 billion.
SaaS Investors
The round was led by Greenoaks with participation from existing investors including Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, Galvanize Climate Solutions, Neo, and others.
Greenoaks is a global investment firm based in San Francisco. The firm makes concentrated, long-term investments in enduring technology businesses around the world.
Watershed Use of Funds
The company will use the funding to continue powering climate programs at leading companies and increase its investment in Europe.
About Watershed
Watershed is an enterprise climate platform that helps companies measure, report, and reduce their carbon emissions, supporting the growing trend of corporate climate action. Its features include a carbon data engine that analyzes emissions for every line item of your business, analyzes emissions with a real-time dashboard, analyzes emissions and eliminates them from business, and more. Companies like Airbnb, Carlyle Group, Everlane, YETI, and BBVA use Watershed.
Funding Details
Company: Watershed Technology, Inc.
Raised: $100.0M
Round: Series C
Funding Month: February 2024
Lead Investors: Greenoaks
Additional Investors: Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, Galvanize Climate Solutions, Neo
Company Website: https://watershed.com/
Software Category: Climate
