Measurabl Raises $93M in Series D

Measurabl has successfully raised $93M in a Series D at a $550M valuation led by TPG Rise, Tishman Speyer.

Company Overview

Measurabl is a PropTech company headquartered in San Diego, CA, founded in 2013 with 200+ employees.

Helps real estate companies measure environmental, social and governance impacts

Fundraising Details

Amount Raised: $93M
Round Type: Series D
Valuation: $550M
Date: 2024-09-20
Investors: TPG Rise, Tishman Speyer

About Measurabl

Helps real estate companies measure environmental, social and governance impacts The company is positioned in the PropTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: San Diego, CA
Founded: 2013
Team Size: 200+
Industry: PropTech

What This Means

This funding round demonstrates strong investor confidence in Measurabl's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The PropTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Measurabl's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $550M valuation marks an important milestone for Measurabl, positioning the company among notable players in the PropTech industry.

Looking Ahead

With this new capital, Measurabl is well-positioned to execute on its growth strategy and continue building innovative solutions in the PropTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-09-20. For more information about Measurabl, visit their headquarters at San Diego, CA.

Measurabl