Measurabl, a startup offering SaaS-based ESG data management solutions for the commercial real estate industry, has raised USD 93 million in a Series D funding round co-led by Energy Impact Partners and Sway Ventures.

The company intends to utilize the latest funds raised to consolidate its ESG tools and services into its all-in-one ESG real estate platform. This involves the integration of Measurabl’s Asset Optimization and Enterprise ESG products to offer globalized customer support and optimize its partner network. Part of the funds will also be used for international expansion into new markets such as Asia-Pacific and also mature markets across Europe and North America.

The round also received participation from Moderne Ventures, WVV, Suffolk Construction, Broadscale, Camber Creek, Salesforce Ventures, Building Ventures, Constellation Technology Ventures, Concrete Ventures, RET Ventures, Colliers, and Lincoln Property Company.

Analyst QuickTake: This latest funding round brings the company’s total funding to USD 173 million. The company had previously acquired HatchData , a smart building platform provider, to expand its ESG data solution in April 2022 and WegoWise , a utility data management and analytics platform for real estate in September 2022 to expand its utility data access and quality. These acquisitions scaled up Measurabl’s coverage to over 16 billion sq ft of commercial, residential, and corporate real estate across 93 countries, worth an excess of USD 2 trillion.