Measurabl

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. As of February 2024, Measurabl’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. In September 2021 , Measurabl launched ESG Advisory Services to the suite of its professional services, to support companies with ESG reporting. In July 2024, the company also launched Measurabl Navigate, a next-generation real estate sustainability platform. 

Key customers and partnerships

As of February 2024, Measurabl reported that the floor area of the buildings that use its services totals 17 billion square feet (valued in excess of USD 2 trillion) across 93+ countries. The company partnered with real estate companies, such as RealPage and Manulife Investment Management to provide visualization of real estate ESG data. In August 2023, the company also partnered with Voya Investment Management to provide property-driven ESG insights on all commercial real estate loans issued. The company’s high-profile customers include Salesforce, Boston Properties, Tishman Speyer, Credit Suisse, BlackRock and Brookfield.

In April 2022, Measurabl acquired Hatch Data, a smart building platform provider, to expand its ESG data solution and WegoWise to gain access to the latter's proprietary utility automation infrastructure in September 2022.

Funding and financials

The company’s most recent funding was in May 2023, when it raised USD 93 million 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.