San Diego: Measurabl, the world’s most widely adopted ESG (environmental, social, governance) technology platform for real estate, has announced the close of its $93 million Series D round of venture capital. Proceeds will go towards continued expansion of Measurabl’s market-leading ESG technology solutions for real estate, continued international expansion, and global partnerships.
“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 in excess of $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.
With this latest round of funding, the company will continue consolidating ESG tools and services into its all-in-one 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. Measurabl will also continue its international expansion, emphasizing new markets like Asia-Pacific, in addition to mature markets in Europe and North America.
Measurabl has quickly expanded its offerings to solve for every part of the real estate lifecycle or, as the Company has coined it, “ESG solutions from meter to market”. This includes solutions for asset decarbonization by virtue of its acquisition of Hatch Data in 2022, reporting and compliance solutions for entire real estate portfolios via its Enterprise ESG Software, and due diligence and market intelligence solutions for real estate capital markets via its Data products. The company also acquired WegoWise in 2022, becoming the only platform with proprietary utility data automation capabilities, creating a significant competitive advantage around utility data access and quality.
– Company press release
