Gradiant

Woburn, United States Founded: 2013 • Age: 13 yrs
Industrial water treatment solutions and technologies are provided.
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About Gradiant

Gradiant is a company based in Woburn (United States) founded in 2013 by Anurag Bajpayee and Prakash Govindan. It operates as a Product-as-a-Service, and Managed Services. Gradiant has raised $329.83 million across 4 funding rounds from investors including SLB, HSBC and Warburg Pincus. Gradiant has completed 7 acquisitions, including Advanced Watertek, H+E and Muscat. Gradiant offers products and services including Industrial Wastewater & Recycling, Resource Recovery & Lithium, ForeverGone PFAS Removal, ProtiumSource, and CURE Chemicals. Gradiant operates in a competitive market with competitors including Evoqua, Wase, Epic Cleantec, Biowater Technology and Saltworks Technologies, among others.

  • Headquarter Woburn, United States
  • Founders Anurag Bajpayee, Prakash Govindan
  • Sectors
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $329.83 M (USD)

    in 4 rounds

  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Oct 16, 2025

  • Investors
    SLB

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Gradiant

Gradiant offers a comprehensive portfolio of products and services, including Industrial Wastewater & Recycling, Resource Recovery & Lithium, ForeverGone PFAS Removal, ProtiumSource, and CURE Chemicals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Solutions for recycling industrial wastewater are provided efficiently.

Lithium and resources are recovered from wastewater streams.

PFAS chemicals are permanently removed from water sources.

Electrolyzer-ready water solutions are tailored for hydrogen production.

Custom chemicals are developed for water treatment applications.

People of Gradiant
Headcount 200-500
Employee Profiles 56
Employee Profiles
People
Ramkrishnan Venkataraman (Venki)
Director - Business Development & Sales
People
Jasper Smith
Process Engineer
People
Prabhakar Elumalai
General Manager-process Engineering
People
Muditha Kodikara (Kodi)
Manager (process & Mechanical)

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Funding Insights of Gradiant

Gradiant has successfully raised a total of $329.83M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $50.0M
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Debt – Conventional - Gradiant Valuation

investors

May, 2023 Amount Series D - Gradiant Valuation Centaurus Capital , BoltRock Holdings
Jun, 2021 Amount Series C - Gradiant Valuation Warburg Pincus , Schlumberger
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Gradiant

Gradiant has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SLB, HSBC and Warburg Pincus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Gradiant

Gradiant has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Advanced Watertek, H+E and Muscat. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Desalination services are provided by Synauta for water treatment.
2018
Waste water management services are provided for environmental needs.
2013
Environmental consultancy and electromechanical equipment supplies are provided.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Gradiant

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gradiant Comparisons

Employees
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Competitors of Gradiant

Gradiant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evoqua, Wase, Epic Cleantec, Biowater Technology and Saltworks Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Water treatment solutions, including deionization and equipment refurbishing, are provided.
domain founded_year HQ Location
Modular electro-methanogenic biogas technology is developed for waste streams.
domain founded_year HQ Location
Provider of wastewater infrastructure development services
domain founded_year HQ Location
Wastewater treatment solutions are provided using advanced biofilm technologies.
domain founded_year HQ Location
Desalination and wastewater treatment services are provided globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gradiant

Frequently Asked Questions about Gradiant

When was Gradiant founded?

Gradiant was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Gradiant located?

Gradiant is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Who is the current CEO of Gradiant?

Anurag Bajpayee is the current CEO of Gradiant. They have also founded this company.

Is Gradiant a funded company?

Gradiant is a funded company, having raised a total of $329.83M across 4 funding rounds to date. The company's 1st funding round was a Series C of $104.83M, raised on Jun 01, 2015.

What does Gradiant do?

Gradiant is engaged in delivering innovative water treatment technologies to address global water scarcity, particularly for industrial users. Solutions are developed to reduce freshwater withdrawals, reclaim valuable resources, and renew wastewater into usable water. Industries such as semiconductors, pharmaceuticals, mining, and renewables are served with customized, sustainable systems. Advanced AI and proprietary technologies are utilized to ensure lower costs, operational efficiency, and reduced environmental impact. The commitment is centered on ensuring water availability for future generations through comprehensive site-wide solutions.

Who are the top competitors of Gradiant?

Gradiant's top competitors include Epic Cleantec, Biowater Technology and Wase.

What products or services does Gradiant offer?

Gradiant offers Industrial Wastewater & Recycling, Resource Recovery & Lithium, ForeverGone PFAS Removal, ProtiumSource, and CURE Chemicals.

How many acquisitions has Gradiant made?

Gradiant has made 7 acquisitions, including Advanced Watertek, H+E, and Muscat.

Who are Gradiant's investors?

Gradiant has 6 investors. Key investors include SLB, HSBC, Warburg Pincus, Centaurus Capital, and BoltRock Holdings.

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