Watershed Raises $100M in Series C

Watershed has successfully raised $100M in a Series C at a $1B valuation led by Kleiner Perkins, Sequoia Capital, Greenoaks Capital, Prelude Ventures.

Company Overview

Watershed is a Climate Tech company headquartered in 548 Market Street, San Francisco, CA 94104, founded in 2019 with 400+ employees.

Enterprise climate platform

Fundraising Details

Amount Raised: $100M
Round Type: Series C
Valuation: $1B
Date: 2024-05-16
Investors: Kleiner Perkins, Sequoia Capital, Greenoaks Capital, Prelude Ventures

About Watershed

Enterprise climate platform The company is positioned in the Climate Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 548 Market Street, San Francisco, CA 94104
Founded: 2019
Team Size: 400+
Industry: Climate Tech

What This Means

This funding round demonstrates strong investor confidence in Watershed's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Climate Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Watershed's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1B valuation marks an important milestone for Watershed, positioning the company among notable players in the Climate Tech industry.

Looking Ahead

With this new capital, Watershed is well-positioned to execute on its growth strategy and continue building innovative solutions in the Climate Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-05-16. For more information about Watershed, visit their headquarters at 548 Market Street, San Francisco, CA 94104.