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Watershed

Watershed provides an enterprise sustainability platform that helps companies measure, report, and reduce their environmental impact with audit-ready data.

7.005202

Secondary Market Price

Updated: 
Sep 2025
Current Preferred Price
Date:
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Prospect Projected Preferred
Current FMV
Date:
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Prospect Projected FMV
$1.8B
Company Valuation
Updated: 
Sep 2025
Software
Industry
San Francisco, CA
Headquarters
2019
Year Founded
550+
Employee Count
7.005202

Secondary Market Price

Updated: 
Sep 2025
Current Preferred Price
Date:
Sign in to view
Prospect Projected Preferred
Current FMV
Date:
Sign in to view
Prospect Projected FMV
$1.8B
Company Valuation
Updated: 
Sep 2025
Software
Industry
San Francisco, CA
Headquarters
2019
Year Founded
550+
Employee Count

How Watershed Measures Up

To help you manage your Watershed equity, Prospect has run the company through our machine learning model.

Prospect Rating

2X

Our rating for Watershed is 2X, which means we project its value could double in the next four years. For an employee, this suggests the value of their stock options could also double, representing what we see as an attractive risk-reward balance.

Exit Risk

Very Low Risk

Our analysis indicates a lower likelihood of Watershed failing to reach a liquidity event compared to other startups because it is backed by top investors, scaling quickly in a nascent large market, and has fundraised since the market downturn.

Funding Stage

Series C

As a Series C company, Watershed is more established and has a proven track record, offering greater stability than an early-stage startup. This also means the company is still in a significant growth phase, so you'll have ample opportunity to make an impact and grow with it.

7.005202
Est val $1.8B
+$13.13 (▲50%)
Jan, 2024 - Jan, 2025

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Prospect Projected Future Watershed Prices

Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Watershed's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.

Powerful tools to earn more from your equity

Company Description

Watershed operates an enterprise sustainability platform that provides software for companies to measure, report, and reduce their carbon emissions. The platform offers tools for environmental, social, and governance (ESG) strategy, audit-ready reporting, and supply chain data management for clients including Airbnb, FedEx, Visa, and Dr. Martens. The company was founded in 2019 by former Stripe employees Taylor Francis, Christian Anderson, and Avi Itskovich. Headquartered in San Francisco, Watershed has grown to several hundred employees with additional offices in London and New York.

Looking forward, the company aims to be a comprehensive solution for corporate sustainability teams and is preparing for increased demand driven by new climate regulations. Watershed has made several strategic moves to enhance its capabilities, including the acquisition of the emissions database provider VitalMetrics in 2023. In early 2024, the company raised $100 million in a Series C funding round, reaching a valuation of $1.8 billion. More recently, it launched 'Product Footprints,' an AI-powered tool to measure emissions from individual products and materials within a supply chain. The company is also planning to expand from its initial focus on technology companies into more complex industrial sectors like manufacturing and automotive.

Watershed Notable Investors

  • Sequoia Capital
  • Kleiner Perkins
  • Greenoaks Capital
  • Elad Gil

Watershed Founders

  • Co-Founder, CEO Christian Anderson
  • Co-Founder, President Taylor Francis
  • Co-Founder, Executive Title Avi Itskovich

Peer Group Comparison

Vs Peer Group of >$4B Startups

Peer Group Comparison

Frequently Asked Questions

Is Anduril worth joining?

Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.

Is Watershed worth joining?

As a mission-driven company with a $1.8 billion valuation and backing from top-tier investors, Watershed is a formidable player in the climate tech space. To decide if it's the right career move for you, platforms like Prospect can help you evaluate its equity potential using VC-grade data and models.

What should I do with my Watershed stock?

Managing equity in a private company like Watershed requires careful planning around taxes, timing, and personal financial goals. You can use specialized equity platforms like Prospect to model different scenarios and create a strategy to optimize the value of your holdings.

Can you sell Watershed stock?

Because Watershed is a private company, its stock is not traded on public exchanges, but employees may be able to sell shares through secondary markets or company-organized tender offers. Resources that provide access to secondary market data can help you understand potential liquidity options and navigate tax-optimal selling strategies.

How can I find the value of my Watershed stock?

The value of private stock is often determined by the price set in the most recent funding round or a 409A valuation. For a more precise estimate of your personal holdings, you can use equity management platforms to calculate your net equity value and project its future worth based on various factors.

What is Watershed's equity worth?

Watershed's most recent valuation is $1.8 billion, which provides a strong benchmark for the company's total equity value. The actual worth of an individual's stock depends on the number of shares they hold and the company's latest 409A valuation.

What is Watershed's stock ticker symbol?

Watershed is a private company and is not listed on a public stock exchange, so it does not have a stock ticker symbol. Ticker symbols are only assigned to companies after they complete an Initial Public Offering (IPO).

Can I buy or sell Watershed stock?

Since Watershed is a private company, its stock is not available for purchase on public markets, and buying shares is generally limited to accredited investors during funding rounds. Employees may have opportunities to sell vested shares through secondary markets, and platforms like Prospect can offer guidance on the selling process.

What is the criteria to buy or invest in Watershed stock?

Investing in a private startup like Watershed is typically restricted to accredited investors, such as venture capital firms or high-net-worth individuals, who participate in organized funding rounds. There is currently no established process for the general public to buy stock in the company.

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