Measurabl Raises $18M to Expand ESG Platform for Commercial Real Estate

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Real EstateMeasurabl, the world’s most widely adopted ESG data management platform, has closed $18.7M in Series B funding with support from Sway Ventures, Constellation Technology Ventures, and S&P Global.

Over 30,000 commercial buildings representing nearly 7 billion square feet across 70 countries measure, manage, and report ESG performance using Measurabl. Within the U.S. alone, Measurabl covers approximately 7% of commercial floorspace. This uniquely deep and diverse real estate database includes everything from traditional office and industrial buildings to major sporting venues, education facilities, government campuses, data and retail centers.

“We’re heading towards a convergence where ESG indicators are held in comparable esteem to traditional financial metrics,” says Matt Ellis, Measurabl’s Founder and CEO. “As this new market reality takes hold, every real estate transaction – from investment to lending, appraisal to insurance, leasing to CapEx – will require easy access to accurate ESG indicators. Measurabl is building the digital infrastructure to enable this market transformation.”