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Measurabl

“Can the ESG data layer for real estate become the indispensable underwriting substrate for sustainable finance?”

Founded2013
HQSan Diego, California, United States
FoundersMatt Ellis, Lance Onken
Total raised$172.6M
Latest roundSeries D, 2023
IndustryVertical SaaS / Real Estate (ESG)

The story

Founded 2013 as an ESG data platform for commercial real estate, Measurabl transitioned to SaaS in 2018 and expanded internationally in 2019. The company scaled through acquisitions (Hatch Data, WegoWise in 2022) and launched Capital Markets Solutions to serve lenders and investors. The 2024 Quantum Cloud release marks its evolution from an ESG reporting tool into an authoritative data infrastructure layer for real estate sustainability underwriting.

Last 12 months

2026-08

Announced strategic partnership with Inveniam to combine sustainability data with blockchain-verified document digitization

Product timeline

2013

Company founded in San Diego by Matt Ellis and Lance Onken· founding

2016

Launched USync utility data collection service· product

2018

Launched SaaS business model· pivot

2019

Expanded to Europe· expansion

2020

Launched Physical Climate Risk (PCRX)· product

2022

Launched Capital Markets Solutions and Data Collection Assist· product

2022

Acquired Hatch Data· acquisition

2022

Acquired WegoWise· acquisition

2023

Closed $93M Series D led by Energy Impact Partners and Sway Ventures· funding

2024

Launched next-generation platform and Quantum Cloud· product

2026

Strategic partnership with Inveniam for verifiable sustainability data· partnership

Acquisitions

Hatch Data2022

Building performance and IoT-driven optimization platform, now Measurabl Optimize

WegoWise2022

Utility benchmarking platform for multifamily properties, now underpins Measurabl Comply

The stack

1 layer disclosed in Measurabl’s embedded-finance stack

Payments / PSP

Stripe

Accounting gap: none

Measurabl — frequently asked

Who is Measurabl's payment processor?

Measurabl processes payments through Stripe.

Who founded Measurabl?

Measurabl was founded by Matt Ellis and Lance Onken and is founded in 2013, headquartered in San Diego, California, United States.

How much funding has Measurabl raised?

Measurabl has raised $172.6M in total (latest round: Series D, 2023).

What companies has Measurabl acquired?

Measurabl's acquisitions include Hatch Data (2022) and WegoWise (2022).

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