Measurabl, a San Diego-based company that offers an environmental, social and governance (ESG) technology platform for the real estate industry, announced the close of its $93 million Series D round of funding.
According to the company, the round was oversubscribed. Energy Impact Partners and Sway Ventures were the co-leaders in the round, which included 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 Co.
The company plans to use this latest funding round to continue consolidating ESG tools and services into its all-in-one ESG technology platform for real estate. This includes integrating its Asset Optimization and Enterprise ESG products and investing in a globalized customer support and partner network. Measurabl will also continue its international expansion, with an emphasis on widening its presence in the Asia-Pacific countries.
“The antidote to greenwashing is objective measurement and transparency,” says Matt Ellis, Measurabl co-founder and CEO. “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.”
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ESG is extortion