Crosscut Ventures is a seed-stage venture capital firm in the firm invests early in the equity of start-ups that have the potential to scale, disrupt, and build large markets crosscut is a catalyst for innovation, bringing decades of expertise in technology and entrepreneurship to help passionate founders build the firm has been committed to powering entrepreneurship.

Crosscut Ventures

Archangel is a New York-based Angel Investor.

Archangel

Impact Engine is a venture capital and private equity investment firm focused on growing companies that generate positive outcomes in education, health, economic empowerment, and environmental sustainability.

Impact Engine

Building Ventures is a venture capital firm dedicated to supporting early-stage startups. The company's mission is to provide access to funding, rich knowledge and decades of experience, to entrepreneurs, partners and disruptive thinkers

Building Ventures

[Borealis Ventures](http://www.borealisventures.com/) partners closely with exceptional entrepreneurs from the earliest stages to build market-defining companies in information technology and life sciences.  Borealis is particularly committed to advancing the realm of design and engineering software and has invested for more than a decade in that sector’s most innovative emerging companies in such fields as 3D design, construction management, and data-driven software.

Borealis Ventures

Camber Creek contributes in a direct and significant way to the success of its portfolio companies by leveraging the real estate expertise, operating experience and portfolio of assets of its partners, investors, and advisors. Camber Creek's investment team has investing, operating, and technology experience and expertise across a range of real estate businesses, including construction, property management, development, and leasing.

Camber Creek

Salesforce Ventures helps enterprising founders build companies that reinvent the way the world works. Since 2009, they’ve invested in and partnered with more than 400 of the world's tenacious enterprise software companies from seed to IPO, including Airtable, Databricks, DocuSign, Guild Education, Hopin, Monday.com, nCino, Snowflake, Snyk, Stripe, Tanium, and Zoom. Salesforce Ventures leverages decades of expertise in the cloud and long-term relationships with key decision-makers at thousands of businesses around the world to give portfolio companies an unfair advantage, help them build credibility, and accelerate growth.

Salesforce Ventures

Founded in 1993, DivcoWest is a vertically integrated, real estate investment firm headquartered in San Francisco, with offices in Los Angeles, Menlo Park, Boston, Washington DC and New York City. Known for long-standing relationships and experience across the risk-spectrum in markets where innovation thrives, DivcoWest combines entrepreneurial spirit with an institutional approach to deliver real estate solutions and opportunities to the world’s most forward-thinking companies and investors. DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance health and well-being. Since inception, DivcoWest and its predecessor have acquired approximately 48 million square feet of commercial space - primarily throughout the United States - and have invested in leading venture-backed Proptech companies, seeking to unlock value for both DivcoWest portfolio companies and its properties. DivcoWest’s real estate portfolio currently includes existing and development properties in the office, R&D, lab, industrial, retail and multifamily spaces.

DivcoWest

Sway Ventures is a US-based venture capital firm investing in early to mid-stage technology companies. The company invests in high performing teams, building revolutionary technology, creating the next enterprise or consumer category.

Sway Ventures

Concrete Venture Capital makes seed investments with insightful driven founders that have solid technology and RE credentials. They give you the expertise to hone your digital business, and the introductions to take and own the market quickly.

Concrete Venture Capital

Exelon Corporation is an American energy producer, trader, and distributor. The company provides services for energy generation businesses in the United States.   The company owns, contracts, and invests in electric generating facilities such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. It is also involved in the wholesale and retail customer supply of electric and natural gas products and services including renewable energy products, risk management services, natural gas exploration, and production activities.   In addition, the company is engaged in the purchase and regulated retail sale of electricity and the provision of distribution and transmission services in northern Illinois, southeastern Pennsylvania, and central Maryland. It is also involved in the purchase and regulated retail sale of natural gases and the provision of distribution services in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland including the City of Baltimore.   Exelon Corporation operates through nine segments: Mid-Atlantic, Midwest, New England, New York, ERCOT, other regions, ComEd, PECO, and BGE. It sells electricity, natural gases, and other related products and solutions to various customers including distribution utilities, municipalities, and cooperatives, as well as to commercial, industrial, governmental, and residential customers.   Founded in 1887, Exelon Corporation is headquartered in Chicago, Illinois.

Exelon Corporation

Constellation Technology Ventures (CTV) is the venture investing organization within Exelon Corporation, the nation’s leading competitive energy provider. CTV invests in companies representing innovative energy technologies and business models, building a portfolio that represents a broad range of development stages and technology types. CTV catalyzes growth for its portfolio companies by providing equity capital, management expertise and connectivity to the broad and diverse Exelon commercial enterprise.

Constellation Technology Ventures

S&P Global offers financial information and data analytics services to provide transparent and independent ratings. The company's information and data analytics services offer market intelligence reviews, ratings, benchmarks, analytics, and data that enable the capital and commodity markets to avail the intelligence necessary to make decisions with conviction.

S&P Global

Cushman & Wakefield is a real estate development company. They provide commercial real estate for lease. Their services include retail investment, energy management, financial, tax reporting, and debt services.

Cushman & Wakefield

Colliers powered by Techstars is an accelerator focused on resolving issues in the property and commercial real estate industries. It intends to invest in startups that address both short-term, value-adding opportunities for its clients and professionals and long-term potential.

Colliers

Starwood Capital has invested $11.8 billion of equity since 1991 in all asset classes and levels of the capital structure. As of June 30, 2013, this has included approximately:  - Office: 41.7 million square feet - Retail: 27.5 million square feet - Industrial: 12 million square feet - Multifamily & Condominiums: 69,000 units - Hotels: 2,180 hotels - Land: 40,000 acres, 45,000 lots - Debt: 670 discrete investments - Operating companies: 23

Starwood Capital Group

Energy Impact Partners LP (EIP) is a global venture capital firm leading the transition to a sustainable future. EIP brings together entrepreneurs and the world's most forward-looking energy and industrial companies to advance innovation. With over $2.5 billion in assets under management, EIP invests globally across venture, growth, credit, and infrastructure.

Energy Impact Partners

LPC Ventures is a division of Lincoln Property Company which is an owner, operator, developer of commercial real estate.

LPC Ventures

Moderne Ventures is an early stage venture fund focused on investing in technology companies in the multi-trillion dollar industries of real estate, finance, insurance and home services. Moderne has built an extraordinary Network of over 700 executives within its sectors and a programmatic approach to launch its companies into these verticals.   Moderne has both a Venture Fund and a systematic growth acceleration program, the Moderne Passport, which is an immersive program that both launches companies into Moderne’s core industries and provides advisory to our corporate partners that helps them work with startups and establish innovation into their culture.

Moderne Ventures

Lincoln Property Company is a real estate services company. The company offers comprehensive suites of value-added services for its clients, including asset and property management, construction management, development and build-to-suit services, investments / acquisitions, and landlord representation.

Lincoln Property Company

Suffolk Technologies is a venture capital platform investing in startups focusing the technology transformation of the construction and real estate sectors.  Suffolk Technologies leverages Suffolk Construction’s tech-forward $5B construction business, innovation testbed/job sites, domain expertise and trade networks to validate new solutions, accelerate development of new products, and to scale customer adoption across the ecosystem.  By improving built environment efficiency, our investments and adoption of these new technologies drive sustainability impact across the largest category of carbon emissions. Suffolk Technologies also runs the annual Boost accelerator, which helps built environment startups bridge the gap between go to market and product-market fit within the construction and real estate industries, leveraging industry veterans.

Suffolk Technologies

Real Estate Technology Ventures (RET Ventures) is the first industry-backed seed-stage venture fund focused on building innovative real estate technology companies with a focus on the multifamily and single-family rental industries. The Firm connects the smartest rent tech solutions with its strategic LP base which includes the large network of rental units in North America. RET Ventures works with high-quality entrepreneurs to scale their businesses by leveraging the knowledge and expertise of its team and limited partners, who own close to one million units. In turn, these owners receive early access and insight into effective technology solutions.

RET Ventures

WVV Capital is a $100M early-stage joint venture fund between Advocate Health, Foxconn, Johnson Controls, and Northwestern Mutual targeting transformative innovations in the areas of health care, manufacturing, building technology, fintech/insurtech, and IT.

WVV Capital

Broadscale works with corporations and other strategic partners to invest in and commercialize the most promising market-ready innovations. It engages with a network of energy and industrial companies to source strategic investment and partnership opportunities that makes them competitive.  It offers streamlined access to strategic sources of capital, distribution, and demand.

Broadscale

Measurabl

Measurabl develops an ESG data management platform for commercial real estate. It empowers customers to optimize ESG performance, assess exposure to physical climate risk, drive decarbonization, and secure sustainable finance opportunities.

<div><p>Measurabl offers a SaaS-based Environmental, Social and Governance (ESG) data management solution for the commercial real estate industry. Measurable automates ESG data collection from a variety of sources including utility data, emission data, etc. and produces customized ESG reports on demand for real estate operators. Measurabl&rsquo;s Pro package, which is recommended for real estate operators or investors with a portfolio of a minimum of 30 buildings, is priced at USD 45 per month per building.<a href="https://sp-edge.com/updates/13246"><u>In September 2021</u></a>, Measurabl launched ESG Advisory Services to the suite of its professional services, to support companies with ESG reporting.</p></div>

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

<div><p>Measurabl is an ESG data management solution. Its product features include automated utility data collection and verification, physical climate risk insights, cohort insights to assess performance against peers, seamless ESG disclosure, sustainable building management, a documentary repository, carbon emission calculations, target setting, and building trend analysis. The company’s customers include Boston Properties, Brookfield, BlackRock, Zurich, CBRE, AvalonBay Communities, and Prologis, covering 90 countries. It has also partnered with companies such as Energy Star, Breeam, Realpac, S&P Global, and Nasdaq. The privately held company acquired Hatch Data, a leading real-estate decarbonization platform, in 2022.</p></div>

Technologies that automate and optimize building operations using data-driven insights.

Smart Building Technology

<div>
  <p>
    Measurabl offers a SaaS-based Environmental, Social and Governance (ESG) data management solution for the commercial real estate industry. Measurable automates ESG data collection from a variety of sources including utility data, emission data, etc. and produces customized ESG reports on demand for real estate operators. Measurabl&rsquo;s Pro package, which is recommended for real estate operators or investors with a portfolio of a minimum of 30 buildings, is priced at USD 45 per month per building. 
    <a href="https://sp-edge.com/updates/13246">
      <u>In September 2021</u>
    </a>
    , Measurabl launched ESG Advisory Services to the suite of its professional services, to support companies with ESG reporting.
  </p>
  <p>
  </p>
  <p>
    As of February 2022, Measurabl reported that the floor area of the buildings that use its services totals 11 billion sq ft (valued at USD 2 trillion) across 80 countries. Boston Properties, Tishman Speyer, Credit Suisse, and BlackRock are among Measurabl&rsquo;s high-profile customers. The company has also partnered with real estate companies, such as 
    <a href="https://sp-edge.com/updates/8433">
      <u>RealPage</u>
    </a>
     and 
    <a href="https://sp-edge.com/updates/8045">
      <u>Manulife Investment Management</u>
    </a>
     to provide visualization of real estate ESG data.&nbsp;
    In August 2023, the company also partnered with 
    <a href="https://sp-edge.com/updates/21343">
      <u>Voya Investment Management</u>
    </a>
     to provide property-driven ESG insights on all commercial real estate loans issued.&nbsp;
  </p>
  <p>
    In April 2022, Measurabl 
    <a href="https://sp-edge.com/updates/9887">
      <u>acquired</u>
    </a>
     Hatch Data, a smart building platform provider, to expand its ESG data solution and 
    <a href="https://sp-edge.com/updates/12763">
      <u>WegoWise</u>
    </a>
     to gain access to the latter's proprietary utility automation infrastructure in September 2022.
  </p>
  <p>
    
    The company&rsquo;s most recent funding was in May 2023, when it raised 
    <a href="https://sp-edge.com/updates/18997">
      <u>USD 93 million</u>
    </a>
     in a Series D funding round co-led by Energy Impact Partners and Sway Ventures. Previously in September 2021, the company raised USD 50 million in a Series C funding round led by Energy Impact Partners. The company used the proceeds to speed up its platform expansion and support the launch of new services.&nbsp;
  </p>
  <p>
  </p>
</div>


<div>
  <p>
    Circular IQ is a Netherlands-based digital platform that offers SaaS-based solutions for businesses to assess their circular performance through smart data-gathering and analytics. Circular IQ collects and analyzes supplier-specific data and provides tailor-made reports for businesses about the circularity of their operations.&nbsp;
  </p>
  <p>
    Circular IQ offers three main services 1) Circular Procurement Program, a service that monitors and reports the circular performance of a business&rsquo;s existing supply chain, 2) Product Circularity Improvement Program, a service in collaboration with KPMG to identify areas where the circularity of an existing supply chain can be improved, and 3) Circular Transition Indicators (CTI) Program, a service that supports and guides businesses through circular transition. The monthly subscription for CircularIQ&rsquo;s services is EUR 5,000 (USD 5,960).&nbsp;
  </p>
  <p>
    In June 2023, Circular IQ reported more than 2,000 CTI customer accounts. 
    KPMG, Whirlpool, Saudi Aramco, Aptar, Rabobank, and Royal DSM are some of Circular IQ&rsquo;s high-profile clients.
  </p>
</div>


Circular IQ

<div>
  <p>
    Cloverly offers an application programming interface (API)-based business-to-business carbon offset solution that can be integrated into existing e-commerce, rideshare, aviation, fintech, enterprise resource planning, and shipping platforms. Cloverly offsets emissions on a per-transaction basis, which gives businesses the option of transferring the cost of offsetting to customers. For instance, a business using Cloverly can ask the customer to pay slightly extra to offset the carbon footprint of that particular transaction at checkout.&nbsp;
  </p>
  <p>
    Cloverly determines the amount of carbon emitted by a transaction based on data such as package weights and transportation destinations and matches it with carbon offset projects located as closely as possible to the location and the source of the initial carbon-producing activity. After which, Cloverly purchases verified carbon offsets or Renewable Energy Credits (RECs) from the matched carbon offset projects in the amounts needed to cover the carbon footprint of the transaction. As of March 2021, Cloverly charges a service fee of USD 0.25 per transaction.
  </p>
  <p>
    As of March 2021, Cloverly&rsquo;s main focus has been e-commerce by allowing merchants to add Cloverly to their Shopify, BigCommerce, and Magneto stores. The online gift card company, Instagift, also allows its customers to offset emissions through Cloverly.&nbsp;As of February 2020, Cloverly had facilitated 150,000 transactions offsetting nearly 11 million pounds of carbon. In November 2021, Clovery partnered with Diversifi to launch a service that offsets the crypto-carbon footprint.&nbsp;In May 2022, Cloverly also partnered with 
    <a href="https://sp-edge.com/updates/11507">
      <u>BeZero Carbon</u>
    </a>
    to obtain third-party ratings and independent quality assessments and 
    <a href="https://sp-edge.com/updates/11506">
      <u>Redwood Logistics</u>
    </a>
     to measure freight emissions and offset those via carbon credits in July 2022.&nbsp;
  </p>
  <p>
  </p>
  <p>
    Cloverly&rsquo;s most recent funding was in May 2023, when it raised USD 19 million in a 
    <a href="https://sp-edge.com/updates/18533">
      <u>Series A funding</u>
    </a>
     round led by Grotech Ventures. 
    In July 2021, Cloverly raised USD 2.1 million in a seed funding round led by TechSquare Ventures. As a part of the transaction, Cloverly was also spun out from Southern Company, an American gas and electric utility where it was incubated.
  </p>
</div>


Cloverly

<div>
  <p>
    UK-based Giki offers two mobile apps to reduce the personal carbon footprint of its users:  
  </p>
  <p>
    Giki Badges is an app that allows users to find sustainable and healthy products in supermarkets through 15 unique badges to UK supermarket products based on sustainability, health, and fairness. Customers can scan the product barcode to find the badges that are being awarded to the product. As of March 2021, Giki Badges reported awarding badges to over 280,000 supermarket products.
  </p>
  <p>
    Giki Zero is an app that allows users to calculate and reduce the personal carbon footprint. Giki Zero estimates the personal carbon footprint of a user based on a lifestyle survey (a set of detailed questions about the user’s lifestyle) and provides customized advice to reduce the user’s carbon footprint. Giki Zero Pro is an extension of the same product for businesses which allows employees to monitor and reduce their carbon footprint. 
  </p>
  <p>
    In April 2018, the software company Simpleweb invested an undisclosed amount in Giki in what is the company’s only funding round.
  </p>
</div>


Giki

<div>
  <p>
    Canada-based Metrio primarily offers SaaS-based Environmental, Social and Governance (ESG) reporting solutions for businesses. Metrio allows companies to monitor their ESG performance in real-time using dashboard tools to create customized reports based on any standard ESG framework. In addition to ESG reporting, Metrio also offers ESG industry benchmarking, supply chain ESG monitoring, and ESG investment management services. 
  </p>
  <p>
    As of June 2021, Metrio reported over 5,000 clients including 75 multinational companies such as Target, Air Canada, Decathlon, and Aldo.
  </p>
</div>


Metrio

<div>
  <p>
    Proof of Impact (POI) is an Impact-as-a-Service (IaaS) company based in the Netherlands. POI offers a range of SaaS-based digital tools for businesses and investors to collect, verify, and analyze real-time sustainability data from community assessments, Internet of Things devices, and corporate disclosures. The company also verifies and secures them using blockchain technology and presents them in a quantifiable form for sustainable decision making. 
  </p>
  <p>
    POI’s services include: 1) Digital consultancy–digital assessments to create and deploy a company’s sustainability strategy, 2) Impact dashboard–an end-to-end solution to collect, verify, analyze, and report sustainability data, and 3) Impact Catalyst Cloud–cloud-based tools and application programming interface (API) solutions for tracking, verifying, and investing in sustainability projects. 
  </p>
  <p>
    POI also operates a marketplace for sustainability projects where investors may directly select, and fund verified sustainable projects. 
  </p>
  <p>
    POI’s most recent funding was in August 2022, when it raised USD 6 million in a 
    <a href="https://sp-edge.com/updates/12037">
      <u>pre-series A funding</u>
    </a>
     round led by Rakuten Capital. Previously in 
    December 2021, when it raised USD 2.3 million in a seed funding round led by Altera Investments. 
  </p>
</div>


Proof of Impact

Provides tools to monitor and offset CO2 emissions using reforestation, renewable energy credits, etc

Some carbon tracking companies use AI to measure and report CO2 emissions (e.g., Persefoni)

Some carbon trading marketplaces are blockchain based (e.g., Nori)

Solutions used improve carbon tracking transparency across internal and external business operations

Pure-play software solutions that measure, monitor, analyze, and report carbon footprints of internal business operations including ESG management and reporting software. Excludes supply chain and other Scope 3 carbon intelligence solutions.

<div>
  <p>
    Measurabl is an ESG data management solution. Its product features include automated utility data collection and verification, physical climate risk insights, cohort insights to assess performance against peers, seamless ESG disclosure, sustainable building management, a documentary repository, carbon emission calculations, target setting, and building trend analysis. The company’s customers include Boston Properties, Brookfield, BlackRock, Zurich, CBRE, AvalonBay Communities, and Prologis, covering 90 countries. It has also partnered with companies such as Energy Star, Breeam, Realpac, S&P Global, and Nasdaq. The privately held company acquired Hatch Data, a leading real-estate decarbonization platform, in 2022.
  </p>
</div>


<div>
  <p>
    Verkada provides remote accessible security solutions to businesses and organizations, incorporating high-end hardware on cloud-based software, allowing them to manage smarter buildings. Driven by customer-focused collaboration and security at scale, Verkada offers the Command Platform, Security Cameras, Access Control devices, Sensors and Alarms enhanced by AI-powered analytics, proactive system alerts and automatic system updates. With offices in USA, Canada, Latin America, UK and Australia, Verkada serves Healthcare, Banks, Education, Retail, Manufacturing, Municipalities and Restaurant industries including business place security. Verkada is trusted by over 8,700 organizations worldwide, including industry leaders such as Acer, Equinox, SLCC, AmeriGas, Sunkist, BOSS, and Cloudflare.
  </p>
</div>


Verkada

<div>
  <p>
    Cloudastructure provides cloud-based infrastructure solutions for building automation. The company’s surveillance video management system is designed and supported by technical resources drawn from five continents. The architecture of the platform is said to enable AI and computer vision for scalable, flexible, and cost-effective security. It also eliminates the resource-intensive management and data risks of on-premises solutions. Targeting industries such as real estate and property management, healthcare, hospitality, education, and cannabis, Cloudastructure provides cloud video surveillance, smart parking, remote guarding, and IoT cybersecurity. It enables motion and facial recognition/detection, anomaly detection, automatic license plate detection, object counting, advanced analytics, and is camera-agnostic.
  </p>
</div>


Cloudastructure

<div>
  <p>
    Faceter is an intelligent software for smarter surveillance based on facial recognition and video stream real-time analysis, distributed as SaaS. Faceter’s computer vision surveillance technology is powered by the fog network. Faceter avoids the usage of immense computing power for video stream analysis through its decentralized network that implements fog computing, reducing the price of the product. With blockchain, FACE Token, fog computing, facial recognition, and data protection, Faceter performs big data video analyses in real time, extracting faces, objects, and events.
  </p>
</div>


Faceter

<div>
  <p>
    B-Secur provides ECG technology solutions to improve heart health and bring clarity to EKG interpretation with better data and deeper insights. Headquartered in Belfast, UK, B-Secur’s EKG Development Kit comprises a number of key elements to fast-track EKG development, such as electrode guides, electrode development test jig, EKG HW design guide, HeartKey Signal Analysis App, SW library of algorithms, SW guide and access to global experts. HeartKey 2.0 is a suite of EKG algorithms and analytics providing medical accuracy and efficiency through enhanced signal clarity and a reduction in EKG signal noise.
  </p>
</div>


B Secur

<div>
  <p>
    Privacy-focused access control system Blink Identity focuses on face recognition technology for personalized customer experiences and increased venue safety. The system identifies people at full walking speed in any lighting condition. A combination of hardware and proprietary biometric facial recognition software ensures accuracy, regardless of skin color, gender, or walking speed. It uses a biometric matching system with military-grade technology to identify people at full walking speed in any lighting condition. For companies, Blink integrates with standard frameworks and workflows, connecting to existing ticketing, CRM, POS, time and attendance, and security systems.
  </p>
</div>


Blink identity

Smart buildings are a component of smart cities

Companies aim to provide sustainable solutions for energy and water usage

Smart building tech includes reducing energy and water consumption through recycling

Internet-enabled monitors and sensors optimize energy and water use and manage occupancy and security

Smart building tech products can monitor energy consumption and occupancy and adjust usage accordingly

Certain functions, such as HVAC, can be personalized

Occupant experience platforms connect building owners, operators, and occupants to share information and feedback on comfort, maintenance, and safety. Rating systems allow building operators to measure, manage, and disclose key indicators such as ESG performance, digital connectivity and health and safety, assess their exposure to climate risk, and avail themselves of sustainable finance opportunities.

Measurabl

EDGE Insights

Next-gen climate and energy (Q2 2023): Fusion and climate risk analytics promises

Carbon Management Software Q3 2022 update: Big Tech’s big move into carbon accounting

Carbon Management Software Q1 2022 update: first signs of cooling down?

Smart building tech: Do we sense a pandemic-driven boost?

Climate Tech Software funding reaches new heights

Recent Updates

Measurabl partners with Voya IM for property-driven ESG insights

Measurabl raises USD 93 million in Series D funding

Measurabl’s Advisory Services launched to support clients with ESG reporting

Measurabl acquires WegoWise to gain access to utility data

Measurabl acquires Hatch Data to scale up ESG data solution

Measurabl launches ESG real estate data solution

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