“Investors, regulators, consumers are all demanding more, and more accurate, sustainability data. They want to know the environmental and social impacts of the products and services they buy..
San Diego, Calif. (PRWEB) May 13, 2015
Measurabl, the startup for sustainability data management, analytics and reporting now serves more than 1 billion square feet of commercial real estate across 6 countries. The milestone coincides with the 2nd anniversary of the start-up’s founding. The aggregate size, number of commercial buildings, and geographic breadth served make Measurabl one of the fastest-ever adopted software products in the commercial real estate sector.
“We’re pleased with the reception” says Matt Ellis, Measurabl’s Founder and CEO, “but these are still early days for our company and there remains much to do.” Ellis explains the company’s next steps include offering better and more reporting, more data integrations, and delivering curated energy and sustainability solutions based on each customer’s unique requirements.
Rick Smith, Managing Director of Crosscut Ventures, one of Measurabl’s early investors, says there are many applications of Measurabl’s technology. “Investors, regulators, consumers are all demanding more, and more accurate, sustainability data. They want to know the environmental and social impacts of the products and services they buy, and of the companies with whom they do business” notes Smith “and this is a global phenomenon.” By making the data collection and reporting process easy and accurate, Measurabl has not only liberated companies from onerous compliance requirements, but is unlocking the potential for energy efficiency solutions, green bonds and other innovative sustainability solutions.
The 1 billion square foot milestone is best understood in comparison to CBRE Inc, a Fortune 500 company and the world’s largest real estate services company, which manages 5 billion square feet and has been in business since 1906. Ellis was Director of Sustainability Solutions at CBRE before founding Measurabl in 2013. Soon after, Measurabl added CTO Lance Onken and Lead Engineer Dave Schumann, formerly of Websense and Bloomberg respectively, who each brought over a decade of senior enterprise software experience to Measurabl’s development team.
Onken points out that Measurabl is a pure play software company. “This singular focus allows us to build elegant, powerful technology to solve the biggest challenge of our generation: enabling transparency around environmental and social impacts.” With this goal in mind, the company is now taking its platform beyond the commercial real estate sector and into corporate and municipal markets. If its adoption in the real estate market is any indication, Measurabl’s mission remains on solid footing.
Measurabl is sustainability reporting, simplified. Our software uses automatic data import technology and a guided step-by-step process to help organizations collect and report data as well as benchmark and improve performance. By making it possible for any organization to act upon sustainability regardless of size, expertise or resources, we’re setting the standard for financial-grade sustainability reporting and creating the global market for non-financial data. To learn more about Measurabl, please contact info(at)measurabl(dot)com or visit http://www.measurabl.com.