Measurabl Raises $18.7M in Series B
Summary
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. Meanwhile corporations, many of whom derive the majority of their environmental impacts from leased or owned real estate, are finding ESG essential to their brand, employee attraction and retention programs, in addition to their bottom line. "Investing in Measurabl aligns with our commitment to continually develop solutions that empower our customers and communities to reduce their carbon footprint and save money," said Jorge Acevedo, Senior Vice President, Generation Innovation & Strategy, at Constellation. Investors, both institutional and individual, are embracing sustainable investing, not only because they care about our planet, but because they can earn high quality returns," says Doug Hodge, former CEO of PIMCO, Venture Partner at Sway, and new Measurabl Board Member. Measurabl will invest Series B proceeds into product R&D, partnerships, customer service, and expanding its platform to Asia, in addition to growing European and North American markets already served.Measurabl is the worlds most widely adopted ESG software for commercial real estate.
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