Watershed, a San Francisco–based enterprise climate platform, has raised $170 million in total funding across multiple rounds, reaching a $1.8 billion valuation after its $100 million Series C in February 2024 led by Greenoaks. Earlier rounds include $70 million (Series B, Feb 2022), $55 million (Series B, Jun 2022), and $14 million (Series A, Feb 2021) backed by Sequoia Capital and Kleiner Perkins. Founded in 2019, Watershed helps global enterprises measure, report, and reduce carbon emissions with audit-grade data and AI-driven sustainability insights.