When was Gradiant founded?

Gradiant was founded in 2013 and became a unicorn in 2023, reaching the milestone in 10 years. It raised its 1st funding round 2 years after its incorporation.

Where is Gradiant located?

Gradiant is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts.

Who is the current CEO of Gradiant?

Anurag Bajpayee of Gradiant. They have also founded 1 company.

How many employees does Gradiant have?

As of Feb 28, 2026, the latest employee count at Gradiant is 820.

Is Gradiant a funded company?

Gradiant is a funded company, having raised a total of $400M across 4 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Series A round on 2015.

How much is Gradiant worth?

The latest valuation of Gradiant is $1B as of May 17, 2023.

When was the latest funding round of Gradiant?

Gradiant's latest funding was a $50M Conventional Debt round on Oct 16, 2025, with participation from 1 investor.

Is Gradiant a Water and Wastewater Management Tech company?

The primary sector of Gradiant is Water and Wastewater Management Tech.

Where does Gradiant rank among its competitors?

Gradiant ranks 1st amongst 595 active competitors, of which 67 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Gradiant, which secured $50M in Oct, 2025.

Who are the top competitors of Gradiant?

Gradiant's top competitors include Xylem Water Solutions, Cambrian Innovation and EvolOH. Among them, Gradiant secured the most recent funding round in October, 2025.

Gradiant - 2026 Company Profile, Team, Funding & Competitors

Gradiant is a series D company based in Woburn (United States), founded in 2013 by Anurag Bajpayee. It operates as a Provider of industrial water treatment solutions and technologies. Gradiant has raised $400M in funding from investors like Warburg Pincus, SLB and Centaurus Capital, with a current valuation of $1B. The company has 595 active competitors, including 67 funded and 38 that have exited. Its top competitors include companies like Xylem Water Solutions, Cambrian Innovation and EvolOH.

Sectors and market segments that Gradiant operate in

Gradiant serves in the Environment Tech, Sustainability Tech market segments.The primary business model of Gradiant are:

Company Details

Provider of industrial water treatment solutions and technologies. It offers end-to-end, turnkey treatment systems engineered to meet specific customer requirements. Services include water reduction, reclamation, and renewal, recovering valuable resources from wastewater. Custom chemical formulations are developed in-house to support these technologies. The company's solutions address various industrial sectors, focusing on minimizing environmental impact and optimizing water usage. Technologies include those for PFAS removal, lithium extraction, and green hydrogen production.

Website: gradiant.com
Social
Email ID: *****@gradiant.com
Registered Address: Woburn, Massachusetts

Key Metrics

Founded Year

2013

Location

Woburn, United States

Stage

Series D

Total Funding

$400M in 4 rounds

Latest Funding Round

Conventional Debt, Oct 16, 2025, $50M

Post Money Valuation

$1B as on May 17, 2023

Investors

Warburg Pincus & 16 more

Ranked

1^st among 595 active competitors

Employee Count

820 as on Feb 28, 2026

Investment & Acquisitions

Strand Therapeutics & 9 more

Similar Companies

Xylem Water Solutions & 418 more

View Gradiant's full profile

Gradiant is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GIPL EIEPL SAS JV PRIVATE LIMITED CIN: U41000TN2020PTC133862 , India, Active	Jan 17, 2020	$36 (As on Mar 31, 2025)	-
GRADIANT CORPORATION CIN: 462089665 , United States, Active	Oct 07, 2012	-	56 (As on Dec 31, 2024)	-
ALL CITY HOME HEATING OIL CORPORATION CIN: 5225835 , United States, Active	Oct 30, 2017	-	-	-

Gradiant has raised a total funding of $400M over 4 rounds. Its first funding round was on 2015. Its latest funding round was a Conventional Debt round on Oct 16, 2025 for $50M. 1 investor participated in its latest round. Gradiant has 17 institutional investors.

Here is the list of recent funding rounds of Gradiant:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 16, 2025	$50M	Conventional Debt	-	-	-	HSBC
May 05, 2023	$225M	Series D	$1B	-	Centaurus Capital, BoltRock Holdings	-
Jun 16, 2021	$105M	Series C	-	-	Warburg Pincus, SLB	-

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View details of Gradiant's funding rounds and investors

The founders of Gradiant is Anurag Bajpayee. Anurag Bajpayee is the CEO of Gradiant.

Here are the details of Gradiant's key team members:

Anurag Bajpayee: Co-Founder & CEO of Gradiant.
Contact Info: 1 email address

View details of Gradiant's Founder profiles and Board Members

Gradiant's employee count trend

Gradiant has 820 employees as of Feb 26. Here is Gradiant's employee count trend over the years:

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Top competitors of Gradiant include Xylem Water Solutions, Cambrian Innovation and EvolOH. Here is the list of Top 10 competitors of Gradiant, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gradiant 2013, Woburn (United States), Series D	Provider of industrial water treatment solutions and technologies	$400M	Schechter, Formation 8 & 15 others	69/100
2nd	Xylem Water Solutions 1924, New York City (United States), Public	Provider of water and wastewater treatment systems, solutions, and related services	-	Triodos Investment Management, Europa & 1 others	66/100
3rd	Cambrian Innovation 2006, Boston (United States), Series C	Bio-electro-chemical wastewater treatment systems developer	$237M	Spring Lane Capital, Pennybacker Capital & 9 others	63/100
4th	EvolOH 2020, Santa Clara (United States), Series A	Manufacturer of electrolyzer stacks for clean hydrogen production	$20.1M	URBAN-X, Engine Ventures & 6 others	63/100
5th	Epic Cleantec 2015, San Francisco (United States), Series B	Provider of wastewater infrastructure development services	$24M	1776, Stanford University & 16 others	61/100
6th	Seloxium 2022, Kidlington (United Kingdom), Seed	Provider of materials and services for metal recovery from industrial waste	$7.79M	Oxford Science Enterprises, MKS PAMP & 1 others	58/100
7th	Membrion 2016, Seattle (United States), Series B	Developer of membranes for the flow battery market	$55.2M	Samsung Venture Investment, Pangaea Ventures ... & 25 others	57/100
8th	De Nora 1923, Milan (Italy), Public	Provider of energy-saving products and water treatment solutions	-	Snam, FCH JU & 3 others	57/100
9th	Streamline Innovations 2015, San Antonio (United States), Series C	Technology solutions provider for water treatment	$48.2M	eldon pass, Kayne Anderson & 7 others	55/100
10th	H2O Innovation 2000, Quebec City (Canada), Acquired	Provider of comprehensive solutions for water, wastewater, and water reuse	-	BDC	55/100

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Gradiant has made 2 investments in companies including Strand Therapeutics and Grove Biopharma. Gradiant has also acquired 8 companies including H+E and Muscat.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 03, 2025	Investments	Strand Therapeutics	2017	Cambridge (United States)
Apr 23, 2025	Investments	Grove Biopharma	2020	Chicago (United States)
Oct 02, 2023	Acquisition	H+E	1932	Stuttgart (Germany)