Measurabl Lands $93M for Real Estate ESG Platform 

Measurabl, a San Diego, CA-based environmental, social and governance (ESG) technology platform for real estate, raised $93 million in an oversubscribed Series D financing round, bringing its total raise to more than $170 million. 

The round was co-led by Energy Impact Partners and Sway Ventures, with participation from Moderne Ventures, WVV, Suffolk Construction, Broadscale, Camber Creek, Salesforce Ventures, Building Ventures, Constellation Technology Ventures, Concrete Ventures, RET Ventures, Colliers, and Lincoln Property Company. 

Former director of sustainability at commercial real estate brokerage giant CBRE and co-founder and CEO of Measurabl Matt Ellis, said, “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.” 

Founded in 2013 by Ellis, the company’s platform (claimed to provide “ESG solutions from meter to market”) currently covers over 16 billion square feet of real estate, accounting for more than $2 trillion in value across 93 countries. 

The latest capital raise adds to the significant investments Measurabl has already attracted, showcasing its consistent growth and global impact in the field of ESG technologies for the real estate industry. 

Last year, the company bought Hatch Data, a building energy and carbon management platform, as well as WegoWise, a platform for building managers to track energy and utility usage. 

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