Measurabl, a San Diego, CA-based ESG technology platform for real estate, has successfully closed a Series D funding round, raising $93 million in venture capital. The oversubscribed round was co-led by Energy Impact Partners and Sway Ventures.
Moderne Ventures, WVV, Suffolk Construction, Broadscale, Camber Creek, Salesforce Ventures, Building Ventures, Constellation Technology Ventures, Concrete Ventures, RET Ventures, Colliers, and Lincoln Property Company. also participated in the round.
The funds raised will be utilized to further expand Measurabl's market-leading ESG technology solutions for the real estate industry.
The company plans to continue its international expansion, forge global partnerships, and consolidate its ESG tools and services into a comprehensive ESG technology platform for real estate. This includes integrating its Asset Optimization and Enterprise ESG products and investing in a globalized customer support and partner network.
“The antidote to greenwashing is objective measurement and transparency,” says Matt Ellis, Measurabl Co-Founder and CEO. “This funding allows us to further enhance our market-leading ESG technologies, expand to new geographies, and ensure the real estate industry has the investment grade data necessary to transition to a sustainable, profitable future for all.”
Companies of all sizes and levels of ESG maturity use Measurabl to measure, manage, report, and act on ESG. In total, over 16 billion square feet of commercial, residential, and corporate real estate, accounting for more than $2 trillion in asset value across 93 countries, are on the platform, resulting in unparalleled insights into peer-relative performance, driven off the world’s largest real estate ESG dataset.
Company: Measurabl, Inc.
Raised: $93.0M
Round: Series D
Funding Month: June 2023
Lead Investors: Energy Impact Partners and Sway Ventures
Additional Investors: Moderne Ventures, WVV, Suffolk Construction, Broadscale, Camber Creek, Salesforce Ventures, Building Ventures, Constellation Technology Ventures, Concrete Ventures, RET Ventures, Colliers, and Lincoln Property Company
Company Website: https://www.measurabl.com/
Software Category: ESG platform
About the Company: Measurabl is the most widely adopted ESG (environmental, social, governance) data management solution for real estate. Customers use Measurabl to measure, manage, and report ESG data on more than 15 billion square feet of real estate across more than 90 countries. Measurabl helps the industry’s most innovative companies optimize their ESG performance, assess exposure to physical climate risk, and act on decarbonization and sustainable finance opportunities.
Source: https://www.measurabl.com/measurabl-series-d/