About
Watershed helps companies measure, report, and reduce carbon emissions. Founded by former Stripe engineers; valued at $1.8B after $100M Series C in 2024 led by Greenoaks ($239M total). Named to CNBC Disruptor 50. Customers include Stripe, BlackRock, Walmart, Visa, Spotify, 4 of the top 6 US banks, and 6 of the top 10 PE firms. Co-led by John Doerr and Michael Moritz—their first co-investment since Google in 1999.
Key Facts
- [1]Founded: Founded in 2019 in San Francisco, United States.
- [2]Funding: Total funding: $239M. Last round: Dec 2025. Stage: Growth.
- [3]Customers: Key customers include Airbnb, Stripe, Spotify.
- [4]Employees: Employee count: 201-500.
- [5]Website: Official website: watershed.com.
- [6]AI Technology: Core AI/ML technologies: Predictive ML.
- [7]Region: Region: Americas (United States).
Founders
Christian Anderson
Co-founder & CEO
Taylor Francis
Co-founder & CTO
Key Customers & Partners
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
Related Companies
View all in Risk & Compliance
Feedzai
AI-native fraud and financial crime prevention platform for major banks
Sardine
AI risk platform for fraud, credit, and compliance
Hawk AI
AI-powered AML and fraud detection for banks and fintechs
Resistant AI
AI models for document fraud and financial crime prevention
Flagright
AI-native transaction monitoring and AML compliance
Tookitaki
AI with community-driven intelligence for AML and fraud
Other Growth Companies
View all
Frequently Asked Questions
What is Watershed?
Watershed helps companies measure, report, and reduce carbon emissions. Founded by former Stripe engineers; valued at $1.8B after $100M Series C in 2024 led by Greenoaks ($239M total). Named to CNBC Disruptor 50. Customers include Stripe, BlackRock, Walmart, Visa, Spotify, 4 of the top 6 US banks, and 6 of the top 10 PE firms. Co-led by John Doerr and Michael Moritz—their first co-investment since Google in 1999. Watershed is classified in the Risk & Compliance segment at the Applications layer of the financial AI stack.
Who founded Watershed?
Watershed was founded by Christian Anderson (Co-founder & CEO) and Taylor Francis (Co-founder & CTO) in 2019 in San Francisco, United States.
How much funding has Watershed raised?
Watershed has raised $239M in total funding, placing the company at the Growth stage. The most recent round closed in Dec 2025. Among 74 funded Risk & Compliance companies, Watershed ranks #19 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Watershed use?
Watershed primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Risk & Compliance segment, 42 companies use this technology.
What market segment does Watershed operate in?
Watershed operates in the Risk & Compliance market segment. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually.
Where is Watershed headquartered?
Watershed is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Watershed's competitors?
Companies similar to Watershed in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Watershed offer?
Watershed builds applications-layer solutions for the financial services industry. The company's core offering: AI enterprise climate platform. The platform is powered by Predictive ML technology. Notable users include Airbnb, Stripe, Spotify.