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ESG proptech firm raises $93 million

1st June 2023

Measurabl has netted $93 million through a Series D round of venture capital fundraising.

The San Diego-based real estate ESG platform said the proceeds will go towards continued expansion of Measurabl’s ESG technology solutions for real estate, continued international expansion, and global partnerships.

The funding round was co-led by Energy Impact Partners and Sway Ventures. A global coalition of venture and strategic investors also participated, including Moderne Ventures, WVV, Suffolk Construction, Broadscale, Camber Creek, Salesforce Ventures, Building Ventures, Constellation Technology Ventures, Concrete Ventures, RET Ventures, Colliers, and Lincoln Property Company.

Matt Ellis, Measurabl co-founder and CEO, 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.”

The company says that more than 16 billion sq ft of commercial, residential and corporate real estate across 93 countries is on the platform, enabling “unparalleled insights into peer-relative performance”.

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