Measurabl is a technology company.
Measurabl has raised $170.0M across 5 funding rounds.
Measurabl has raised $170.0M in total across 5 funding rounds.
Measurabl has raised $170.0M in total across 5 funding rounds.
Measurabl's investors include AME Cloud Ventures, Camber Creek, CapitalG, Citi Ventures, Concrete Ventures, Crosscut Ventures, Dispersion Capital, Energy Impact Partners, Hardware Club, Heavybit, N49P Ventures, Pareto Holdings.
Measurabl is the world’s most widely adopted sustainability data platform for real estate, empowering over 1,000 customers across 90+ countries to manage 21 billion square feet of properties.[1] It builds an end-to-end ESG (Environmental, Social, and Governance) software solution that automates data collection on energy use, water, emissions, and waste, enabling benchmarking, compliance with standards like GRESB and CDP, and actionable insights for decarbonization and risk assessment.[1][3][4] Serving real estate owners, operators, and investors with $3 trillion in assets under management, Measurabl solves the problem of fragmented sustainability data by integrating with utilities and building systems to drive profitability, lower capital costs, and optimize performance.[1][3][5] Growth remains strong, with 64% year-over-year adoption of its ESGx products in 2024, tracking 273 million MTCO2e from 110,000 properties, alongside the launch of a next-generation platform featuring automated data management, reporting, and decarbonization tools.[3]
Founded in 2013 in Oakland, California, Measurabl was co-founded by CEO Matt Ellis, who envisioned a platform to bring transparency to real estate's environmental and social impacts amid rising sustainability demands.[1][5] The idea emerged from the need for efficient ESG data management in a sector with complex, manual reporting processes, evolving from early tools like USync in 2016 to a full SaaS model in 2018.[1] Pivotal moments include European expansion in 2019, Physical Climate Risk (PCRX) launch in 2020, Professional Services in 2022 Q3, and the landmark next-gen platform and Quantum Cloud in 2024, cementing its market leadership through decade-long data accumulation across diverse assets like hotels, offices, and apartments.[1][3][5]
Measurabl rides the wave of mandatory ESG reporting and net-zero mandates in real estate, amplified by regulations like CSRD in Europe and SEC climate disclosures, where timing aligns with investor demands for transparency amid $3T AUM scrutiny.[1][3][7] Market forces favoring it include surging decarbonization needs (273M MTCO2e tracked), physical climate risks, and sustainable finance opportunities, positioning it as a catalyst for industry-wide transformation to profitable, low-carbon buildings.[1][2][5] By standardizing data flows and enabling peer benchmarking, it influences the ecosystem, partnering with tools like Switch Automation and CIM while empowering innovators to meet Science Based Targets Initiative standards and reduce emissions 4-6% YoY.[3][4][6]
Measurabl is poised to dominate as the indispensable ESG backbone for real estate, with next steps focusing on expanding ESGx Securities for real-time public data, deeper AI-driven decarbonization, and global scale beyond its current 90+ countries.[3][8] Trends like AI-optimized buildings, regulatory tightening, and green financing will accelerate its momentum, potentially doubling adoption as portfolios chase investment-grade sustainability benchmarks.[1][3] Its influence will evolve from data provider to full ecosystem orchestrator, quantifying trillions in asset value while driving the profitable built environment it pioneered from day one.[1][5]
Measurabl has raised $170.0M across 5 funding rounds. Most recently, it raised $93.0M Series D in May 2023.