California startup Watershed raises $100 million for emissions-tracking software
Feb 07, 2024•almost 2 years ago
Amount Raised
$100 Million
Investors
Emerson CollectiveGalvanize Climate SolutionsGreenoaksKleiner PerkinsNeoSequoia Capital
Description
California startup Watershed recently raised $100 million in its Series C, valuing the company at $1.8 billion. The funding will be used to expand its solution capacity for corporate climate accountability services.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech