Real estate-focused ESG data technology provider Measurabl announced today the launch of a new suite of software products aimed at enabling real estate owners, operators, and investors to collect, manage, analyze and report on sustainability data across their building portfolios.

Founded in 2013, San Diego-based Measurabl provides a data management platform enabling commercial, residential and corporate real estate owners and asset managers to measure, manage, and report ESG data, in order to assess and mitigate exposure to physical climate risk, comply with regulations, act on building decarbonization, support sustainable finance opportunities, and leverage ESG data to drive superior asset value and lower cost of capital. The platform now covers more than 18 billion square feet of real estate, representing over $3 trillion in asset value across 93 countries.

Among the new solutions released with Measurabl’s next-gen platform include Measurabl Navigate, a new product aimed at guiding users on the journey to net zero and to realize financial results from ESG investments. Key features of Navigate include Data Manager, providing the ability to streamline data acquisition and management with automated, ML-driven quality checks to coordinate and monitor the health of ESG for buildings across large teams and diverse portfolios; Insights, including customizable internal and external reporting, scheduling, and data analytics capabilities to translate data into actionable insights; Disclosure, enabling reporting into global frameworks such as GRESB, SFDR and CDP through reporting templates and data readiness checks, and; Decarb, allowing user to evaluate multiple decarbonization scenarios against science based decarbonization pathways, custom targets, and capex project planning.

According to the company, the new product suite is powered by Measurabl’s Quantum Cloud repository of aggregated real estate portfolio, property, utility, and third-party ESG data, and uses its proprietary utility data automation tool, Connect, for faster and more accurate data management.

Measurabl CEO and Co-Founder Matt Ellis said:

“The landscape is tough for real estate as high interest rates, asset revaluation, and repricing persist. Increasingly rigorous regulation surrounding sustainability and real estate performance overwhelms owners, operators, and investors, who feel pressure to go beyond disclosure and take action,” commented. Finally being able to measure financial impact through ESG will change the game and make portfolios more resilient and profitable.”

The launch of the new product suite follows a $93 million capital raise by Measurabl last year, led by venture capital investors Energy Impact Partners and Sway Ventures, aimed at enabling the company to grow its ESG tools and services platform, and fund international expansion.

W. Edward Walter, Senior Advisor, Energy Impact Partners and Measurabl Board Member, said:

“Organizations that optimize their portfolios using Measurabl will have unified data, ensuring its quality, creating a platform to make intelligent investments that will generate strong ROI. Through Measurabl’s next-generation platform, customers have the power to begin with what they need and expand as their journey evolves. The product evolves with them, offering constant support.”