Watershed's ESG FinTech Raises $100M, Valuing at $1.8B

Watershed, a climate economics trailblazer, raised $100M in Series C fundraising, valuing the company at $1.8B. Lead investor Greenoaks contributed, with support from Kleiner Perkins and Sequoia. The firm aims to accelerate the climate economy, especially in light of environmental milestones in 2023.

Watershed's focus is on the climate economy, with a surge in clean energy investments. It provides banking services to track, analyze, and report emissions in portfolios. The $100M infusion will support a wide range of clients in their decarbonization journeys and net zero goals.

Watershed is continuously improving its toolkit to meet the demands of climate change work. Recent milestones include the acquisition of CEDA, the launch of Watershed Disclosures, and the expansion of Watershed Marketplace, aiming to provide accurate carbon data and efficient environmental reporting.

Watershed's strategy is supported by prestigious partnerships, ensuring a scientifically sound and policy-aligned approach. Collaborations with KPMG, Accenture, and ERM, and advisement from its Policy and Science Advisory Boards, reinforce the company's commitment to sustainable solutions.