Measurabl develops an ESG platform that helps real estate businesses manage, benchmark, report and track sustainability from building operations through capital‑markets activities. The product automates collection of electricity, water, fuel, district and waste data and can maintain social and governance documents alongside environmental data. Customers use the platform to decarbonize buildings, mitigate physical climate risk, comply with regulation and underwrite sustainability risks in transactions. Measurabl says it has over 1,000 customers and is used by 40% of global real estate asset managers. The company plans to further enhance its ESG technologies and expand to new geographies. Its recent financing positions it to continue growing amid regulatory and market pressure on real estate sustainability. Measurabl offers a widely adopted platform to measure, manage, and disclose environmental, social, and governance (ESG) performance for commercial real estate. Its software is used across 80 countries and covers more than 11 billion square feet of owned and corporate-occupied property, representing over $1 trillion in asset value. Measurabl’s product supports clients in meeting ESG regulation, decarbonization goals, climate and transition risk assessment, and capital markets reporting. The company plans to invest the latest funding into new product lines including data and professional services and to enhance its platform capabilities. Measurabl positions its tools to help property owners and occupiers collect transparent ESG data, improve performance, and access capital markets. Measurabl provides software to measure, manage and report ESG performance for commercial real estate. The company is led by founder and CEO Matt Ellis and is based in San Diego, CA. Its platform is used across more than 30,000 commercial buildings representing nearly 7 billion square feet in 70 countries, covering offices, industrial sites, sporting venues, education facilities, government campuses, data centers and retail centers. Measurabl plans to use the new funding for product R&D, partnerships, customer service, and geographic expansion into Asia along with continued growth in European and North American markets. The description focuses on the company’s core product, scale, leadership, and stated expansion priorities. Measurabl is a San Diego, CA-based software platform focused on sustainability data management, benchmarking, and reporting for the built environment. Led by founder and CEO Matt Ellis, the platform benchmarks sustainability performance across property types. Its database covers over 26,000 commercial buildings representing more than 5 billion square feet across 67 countries. The dataset includes traditional office and industrial buildings as well as major sporting venues, universities, data centers, and malls. Measurabl offers a free base version and a paid release that provides premium features such as integrations with third-party software and utility companies, investor reporting standards, and data quality assurance tools. The company closed a $7M Series A to support growth of its product and user base. Measurabl provides cloud-based software that automatically aggregates non-financial (sustainability) data and simplifies disclosure to third-party surveys and benchmarks. Its platform includes open APIs to help companies worldwide collect data and report. The company's first commercial product for GRESB reporting completed industry pilots in 2013 and launched commercially in 2014, and is used by real estate firms such as Clarion Partners, CBRE Global Investors, and TA Realty. Measurabl is piloting a Carbon Disclosure Project reporting solution with Intuit, VMware, and Jack Morton Worldwide and is recruiting participants for a Global Reporting Initiative pilot. It recently launched Utility Sync, a utility data aggregation service that can push data to ENERGY STAR Portfolio Manager. The company plans to use new funding for product R&D, new hires, and growth.

Total raised

$171M

Funding rounds

5

Latest round

Series D

Latest activity

May 2023