Enterprise climate platform for reaching net-zero


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Company mission

To accelerate decarbonisation by building the tools organisations need to cut carbon.



HQ Location

SoMa, San Francisco, CA


Some candidates hear
back within 2 weeks

Otta's take on Watershed

Xav Kearney headshot

Xav Kearney

CTO of Otta

The climate timer is running down, and emission-reduction deadlines are set to pass without targets met. Companies, even when committed to reducing carbon footprints, can struggle to find effective strategies, or to even measure their true environmental impact. Watershed supplies an all-in-one solution for climate-conscious enterprises, which measures carbon output effectively, and turns numbers into action.

Watershed was founded in 2019 to respond to a lack of sophisticated technologies for companies to assess their climate impact. Brands already have complex toolboxes for other departments, such as finance, but emissions teams can find it difficult to supply reports with any confidence due to long wait-times for data, and inaccuracies from estimates. Watershed’s carbon data engine analyses emissions for every line item of a business, and battles estimates by deploying state-of-the-art methodologies for remote work, cloud computing, and a host of other classically difficult-to-measure aspects.

Watershed has ambitions to become the go-to corporate decarbonization platform, and big brands like Airbnb, DoorDash, Twitter and Shopify are already using it to help them in their commitment to reducing emissions. The substantial funding raised by the company will be used to accelerate hiring, and to improve the set of tools it provides for businesses to run effective climate programs.

Total funding - $84.7m

Last 2 fundraises

Jul 2020



Feb 2022



This company has top investors

Company values

  • We’re mission-oriented through our customers
  • We care deeply about our work and each other
  • We all take ownership of our work and company outcomes
  • We’re curious about the world around us


Taylor Francis


Worked on Atlas at Stripe. Former Partner with the Dorm Room Fund.

Christian Anderson


Former Head of Merchant Intelligence at Stripe. Kicked off Stripe's climate commitment.

Avi Itskovich


Former Software Engineer at Stripe. Previously a Software Engineering Intern with Airbnb and with Facebook.

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Watershed is hiring for 26 jobs on Otta!

All locations

Finance, Legal & Compliance