Watershed

Watershed

Software platform for managing climate programs

About

Watershed provides a software platform that assists companies in managing their climate programs. The platform includes tools for measuring carbon footprints, setting reduction targets, funding carbon removal initiatives, and tracking progress towards net-zero emissions by 2030. Clients, including major corporations like Apple and Microsoft, subscribe to Watershed's services for ongoing access to these climate management tools. What sets Watershed apart from competitors is its focus on user-friendliness and comprehensive support for businesses navigating regulatory and consumer pressures related to climate change. The goal of Watershed is to empower companies to achieve their sustainability objectives while enhancing their financial performance and stakeholder satisfaction.

Company Stage

Series C

Employees

501-1,000

Industries

Enterprise Software, Social Impact

Total Funding

$179.7M

Headquarters

San Francisco, California

Founded

2019


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Simplify's Take

What believers are saying

  • Watershed's innovative approach to carbon removal and sequestration can significantly contribute to global climate goals, making it an attractive place for mission-driven professionals.
  • The acquisition of VitalMetrics positions Watershed to meet increasing verification and audit standards, enhancing its credibility and market appeal.
  • The company's substantial funding and strategic acquisitions indicate robust growth prospects and opportunities for career advancement.

What critics are saying

  • The high cost and technological complexity of direct air capture and geologic sequestration could pose financial and operational challenges.
  • The competitive landscape in climate tech is intensifying, requiring Watershed to continuously innovate to maintain its edge.

What makes Watershed unique

  • Watershed's acquisition of VitalMetrics enhances its ability to provide granular and globally comprehensive emissions data, setting it apart from competitors.
  • The company's focus on high-quality carbon dioxide removal (CDR) through direct air capture and geologic sequestration offers a more permanent solution compared to other carbon offset methods.
  • Watershed's recent $100M Series C funding round underscores its strong financial backing and potential for rapid growth in the climate tech sector.

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Growth & Insights
Headcount

6 month growth

21%

1 year growth

41%

2 year growth

144%

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