Measurabl, an ESG technology platform for real estate, has announced the completion of its $93m Series D funding round.
This substantial financial boost was set in motion to spur on the global expansion of Measurabl’s market-leading ESG technology solutions for real estate.
The Series D round was oversubscribed and was jointly helmed by Energy Impact Partners and Sway Ventures.
In addition to the leading investors, the round saw participation from a comprehensive global alliance of top-tier venture and strategic investors, 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.
Measurabl’s platform plays a vital role in the world of ESG compliance. The company caters to a diverse range of customers, from small businesses to large corporations, irrespective of their level of ESG maturity. Measurabl is employed to measure, manage, report, and act on ESG data.
The platform currently boasts over 16 billion square feet of commercial, residential, and corporate real estate, accounting for more than $2tn in asset value across 93 countries. This vast expanse has resulted in the world’s largest real estate ESG dataset, providing unparalleled insights into peer-relative performance.
The new funding is earmarked for the further development of Measurabl’s leading ESG technologies. This expansion will not only cover more geographies but also bolster their mission of providing investment-grade data to aid the real estate industry in its transition to a sustainable, profitable future.
Reflecting on this achievement, Measurabl CEO Matt Ellis said, “The antidote to greenwashing is objective measurement and transparency. 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.”
This $93m Series D round 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.
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global