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Total amount raised
$173 Million
Latest funding date
2025-07-24
Location
Measurabl has completed 8 funding rounds, attracting investments from notable firms such as Concrete Venture Capital, RET Ventures, Energy Impact Partners, and Sway Ventures. The most recent is an undisclosed round in July 2025, an exempt securities offering of up to USD 15,000,000, which followed the USD 93,000,000 Series D of May 2023.
As a leading ESG platform for real estate, Measurabl offers a suite of tools designed to quantify and enhance sustainability efforts across the industry. Keep reading to explore the intricacies of Measurabl's fundraising journey and the investors backing this innovative platform.
What Is Measurabl?
Measurabl, based in San Diego, California, is a private company specializing in ESG data management for commercial real estate. The company operates in various industries, including Big Data, Business Intelligence, Commercial Real Estate, Data Management, and Software. With an employee count ranging from 101 to 250, Measurabl has established itself as a significant player in the sustainability sector.
Founded in 2013 by Matt Ellis and Lance Onken to provide actionable sustainability data, Measurabl offers a comprehensive platform that helps real estate owners, operators, and investors manage and optimize their building performance data. The company's tools are designed to centralize performance data, protect its integrity, and facilitate meaningful action, making it a leader in the ESG space for real estate.
How Much Funding Has Measurabl Raised?
- Undisclosed Round
- Amount Raised: Up to USD 15,000,000 authorized in an exempt securities offering
- Date: July 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
- Series D
- Amount Raised: USD 93,000,000
- Date: May 2023
- Lead Investors: Energy Impact Partners, Sway Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance ESG technologies, expand to new geographies, and provide investment-grade data for the real estate industry.
- Series C
- Amount Raised: USD 50,000,000
- Date: September 2021
- Lead Investors: Energy Impact Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance the platform's capabilities.
- Series B
- Amount Raised: USD 18,293,616
- Date: January 2019
- Lead Investors: Sway Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and improve data management tools.
- Series A
- Amount Raised: USD 7,000,000
- Date: April 2018
- Lead Investors: Camber Creek
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop new features and enhance the platform's functionality.
- Seed
- Amount Raised: USD 2,266,390
- Date: April 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To build the initial platform and attract early customers.
- Seed
- Amount Raised: Not publicly disclosed
- Date: May 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support early-stage development and market entry.
- Seed
- Amount Raised: USD 2,049,999
- Date: October 2014
- Lead Investors: Crosscut Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch the company and develop the initial product.
Total Amount Raised: At least USD 172,610,005 based on disclosed funding, a figure that excludes the May 2015 seed round, whose size was never disclosed, and the up to USD 15,000,000 authorized in the July 2025 offering. As of September 2026, the company's latest disclosed round is its July 2025 undisclosed round. Current Valuation: Not publicly disclosed.
Key Investors
- Energy Impact Partners
- Details: Energy Impact Partners is a global investment firm focused on sustainable energy and technology. They co-led Measurabl's Series D funding round.
- Investment Focus Areas: Sustainable energy, technology, infrastructure.
- Notable Investments: Measurabl, Arcadia, Stem.
- Sway Ventures
- Details: Sway Ventures is a venture capital firm that invests in early to mid-stage technology companies. They co-led Measurabl's Series D funding round.
- Investment Focus Areas: Technology, software, fintech.
- Notable Investments: Measurabl, Tally, Addepar.
- Camber Creek
- Details: Camber Creek is a venture capital firm that focuses on real estate technology. They participated in Measurabl's Series A funding round.
- Investment Focus Areas: Real estate technology, property management, construction tech.
- Notable Investments: Measurabl, Latch, VTS.
- Crosscut Ventures
- Details: Crosscut Ventures is a venture capital firm that invests in early-stage technology companies. They participated in Measurabl's seed funding round.
- Investment Focus Areas: Technology, consumer internet, enterprise software.
- Notable Investments: Measurabl, Factual, The Black Tux.
- Moderne Ventures
- Details: Moderne Ventures is a venture capital firm that invests in technology companies within real estate, finance, insurance, and home services. They participated in Measurabl's Series D funding round.
- Investment Focus Areas: Real estate, finance, insurance, home services.
- Notable Investments: Measurabl, Better, Hippo.
What's Next for Measurabl?
Measurabl continues to operate privately from San Diego, and in July 2025 it filed a notice of an exempt securities offering of up to USD 15,000,000. The company's tools are already used by 37% of top asset managers, managing $2 trillion worth of properties, which keeps Measurabl close to demand for investment-grade ESG data in the real estate industry.
With at least USD 172.6 million in disclosed funding since October 2014, Measurabl is pursuing the plans it set out with its May 2023 Series D: enhancing its ESG technologies, expanding into new geographies, and delivering investment-grade data. The company may still face challenges such as political pressures against corporate sustainability efforts and the need to maintain transparency to combat greenwashing.
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