PE · WATER INVESTOR

Gratitude Railroad

Gratitude Railroad is a water-focused private equity that has backed 2 water companies since 2013. (don't) Waste Water rates its water commitment Occasional.

Occasional
Water Commitment
Type
Private Equity
AUM
$150M
Founded
2013
HQ
Park City, United States
Stage
Seed - Series A
Median round
$8.9M
Portfolio
2 cos

Water Commitment Score

Tier
Occasional
2 water companies · last deal 2023 · leads ~0% of rounds · Med confidence
How this is scored ↗
as of Jun 2026 · no pay-to-rank

Compiled from official filings, third-party records, and direct intelligence from investors and founders, in Leviathan · recomputed monthly · as of Jun 2026.

How they invest

Seed1
Series A1
Median round$8.9Mrange $5.7M - $12.1M · 2 disclosed

Portfolio · 2 water companies

Wasted (Wasted PBC)
Wasted PBC is a Vermont-based public benefit company that develops and operates urine-diverting
$5.7MSeed · 2023
StormSensor
StormSensor deploys cloud-connected ultrasonic and temperature sensors in stormwater and wastew
$12.1MSeries A · 2021

See the full portfolio in Leviathan →

Invests alongside

American Family Insurance Institute1x Buoyant Ventures1xOrbia1x Burnt Island Ventures1x Portland Seed Fund1xThird Sphere1x Riverstyx Foundation1xCool Climate Collective1x Divergent Capital1x

Highlighted = profiled on (don't) Waste Water.