When was Watershed founded?

Watershed was founded in 2019 and became a unicorn in 2022, reaching the milestone in 3 years. It raised its 1st funding round 2 years after its incorporation.

Where is Watershed located?

Watershed is headquartered in San Francisco, United States.

How many employees does Watershed have?

As of Mar 31, 2026, the latest employee count at Watershed is 603.

Is Watershed a funded company?

Watershed is a funded company, having raised a total of $185M across 5 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Series A round on Feb 24, 2021.

How much is Watershed worth?

The latest valuation of Watershed is $1.8B as of Feb 01, 2024.

When was the latest funding round of Watershed?

Watershed's latest funding was a $14.5M Series C round on Dec 22, 2025, with participation from 0 investor.

Is Watershed a Air Pollution Management Tech company?

The primary sectors of Watershed are Air Pollution Management Tech and IT Operations.

Where does Watershed rank among its competitors?

Watershed ranks 1st amongst 691 active competitors, of which 142 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Watershed, which secured $14.5M in Dec, 2025.

Who are the top competitors of Watershed?

Watershed's top competitors include Plan A, CoGo and Pledge. Among them, Watershed secured the most recent funding round in December, 2025.

Watershed - 2026 Company Profile, Team, Funding & Competitors

Watershed is a series C company based in San Francisco (United States), founded in 2019 by Avi Itskovich, Christian Anderson and Taylor Francis. It operates as a Provider of platform for enterprise sustainability programs, measurement, reporting, and action. Watershed has raised $185M in funding from investors like Sequoia Capital, Kleiner Perkins and Greenoaks, with a current valuation of $1.8B. The company has 691 active competitors, including 142 funded and 22 that have exited. Its top competitors include companies like Plan A, CoGo and Pledge.

Sectors and market segments that Watershed operate in

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

Company Details

Provider of platform for enterprise sustainability programs, measurement, reporting, and action. The platform offers tools for carbon accounting, emissions reduction, and sustainability disclosure preparation. It facilitates target setting and progress tracking toward decarbonization. The platform supports audit-grade data and methodologies vetted by third-party auditors.

Website: watershed.com
Social
Email ID: *****@watershedclimate.com

Key Metrics

Founded Year

2019

Location

San Francisco, United States

Stage

Series C

Total Funding

$185M in 5 rounds

Latest Funding Round

Series C, Dec 22, 2025, $14.5M

Post Money Valuation

$1.8B as on Feb 01, 2024

Investors

Sequoia Capital & 12 more

Ranked

1^st among 691 active competitors

Employee Count

603 as on Mar 31, 2026

Investment & Acquisitions

VitalMetrics & 1 more

Similar Companies

CoGo & 717 more

View Watershed's full profile

Watershed is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WATERSHED TECHNOLOGY LTD CIN: 13809904 , Germany, Active	Dec 19, 2021	-	63 (As on Jan 31, 2025)
WATERSHED TECHNOLOGY, INC. CIN: 32087322213 , United States, Active	Nov 28, 2022	-	295 (As on Dec 31, 2024)	-
WATERSHED TECHNOLOGY, INC. CIN: 384124299 , United States, Active	Dec 31, 1999	-	295 (As on Dec 31, 2024)	-
WATERSHED TECHNOLOGY, INC CIN: 16-1624363 , United States, Active	Jul 16, 2019	-	1 (As on Mar 31, 2018)	-

Watershed has raised a total funding of $185M over 5 rounds. Its first funding round was on Feb 24, 2021. Watershed has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Watershed:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2025	$14.5M	Series C	-	-	-	-
Jun 23, 2025	$55K	Grant (prize money)	-	-	-	USGS
Feb 01, 2024	$100M	Series C	$1.8B	-	Greenoaks	Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, Galvanize Climate Solutions

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View details of Watershed's funding rounds and investors

The founders of Watershed are Avi Itskovich, Christian Anderson and Taylor Francis.

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

Avi Itskovich: Co-Founder of Watershed and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Christian Anderson: Co-Founder of Watershed and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Taylor Francis: Co-Founder of Watershed and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses

Watershed's Board of Directors

Watershed's board has 4 active members. John Doerr, Avi Itskovich, Christian Anderson and Taylor Francis are independent board members.

Here is the list of Watershed's board of directors:

Name	Type	Representing	Status	Duration
John Doerr	Independent board member	-	Current	2y 2m
Avi Itskovich	Independent board member	-	Current	2y 2m
Christian Anderson	Independent board member	-	Current	2y 2m
Taylor Francis	Independent board member	-	Current	2y 2m

View details of Watershed's Founder profiles and Board Members

Watershed's employee count trend

Watershed has 603 employees as of Mar 26. Here is Watershed's employee count trend over the years:

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Top competitors of Watershed include Plan A, CoGo and Pledge. Here is the list of Top 10 competitors of Watershed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Watershed 2019, San Francisco (United States), Series C	Provider of platform for enterprise sustainability programs, measurement, reporting, and action	$185M	Emerson Collective, Kleiner Perkins & 11 others	74/100
2nd	Plan A 2017, Berlin (Germany), Acquired	Provider of carbon accounting, decarbonisation, and corporate social responsibility reporting software	$40M	Demeter, Keen Venture Partners & 11 others	65/100
3rd	CoGo 2010, Wellington (New Zealand), Series A	Online platform offering carbon footprint solutions	$34.3M	Soul Capital, New Zealand Growth Capital Partners ... & 14 others	65/100
4th	Pledge 2021, London (United Kingdom), Acquired	Provider of a platform for logistics emissions management	$23.8M	Zinal Growth, Visionaries Club & 26 others	64/100
5th	Mombak 2021, Sao Paulo (Brazil), Series C	Provider of large-scale reforestation-based carbon removal. It undertakes native, biodiverse reforestation projects to remove significant amounts of atmospheric carbon. The company works with landowners, utilizing various financial models including outcome bonds, to facilitate these projects. This approach aims to restore degraded land, promote biodiversity, and create economic opportunities. It focuses on building long-term partnerships and employing scientific methods to ensure the integrity and effectiveness of its carbon removal initiatives.	$89.2M	AXA, BNDES & 3 others	64/100
6th	WiredScore 2013, New York City (United States), Series B	Provider of certification standards for technology and connectivity in the built environment	$28M	Fifth Wall, ProVen VCT & 15 others	63/100
7th	ZeroNorth 2014, Copenhagen (Denmark), Series B	Provider of platform for voyage, vessel, and bunker optimisation services	$60.5M	PSG, Crosslink Capital & 7 others	63/100
8th	Electricity Maps 2016, Copenhagen (Denmark), Series A	Online platform offering electricity carbon data	$5.38M	Transition, Revent	62/100
9th	Tanso 2020, Munich (Germany), Series A	Provider of sustainability software for CO2 accounting and CSRD reporting	$22.9M	henQ, UVC Partners & 5 others	62/100
10th	Accacia 2022, Gurugram (India), Seed	Provider of platform for real estate decarbonization with climate-grade products	$9M	Illuminate Financial, Accel & 14 others	61/100