Regulators and investors are putting pressure on the real estate industry to go green.
The most obvious end-users are commercial real estate owners, but Ellis says the revenue potential is far bigger than that.
The company's fundraising comes as more policymakers seek to require landlords and real estate investors to reduce their carbon emissions.
Capital hasn't been far behind, with leading proptech venture fund Fifth Wall raising a $500 million fund to decarbonize real estate.
See the deck, minus confidential financial information, that Measurabl used to raise its monster $93 million round below.
Persons:
Matt Ellis, Ellis, Bob Sulentic, CBRE's, CBRE, Measurabl, hasn't
Organizations:
Major League Baseball, Energy Impact Partners, Sway Ventures, Suffolk Construction, Colliers, Lincoln Property Company, New
Locations:
San Diego, Real, Suffolk, Measurabl