Scaler Announces $10M Series A to Decarbonize Real Estate

Gunderson Dettmer represented client Scaler, a platform for decarbonizing real estate, in its $10 million Series A financing led by Plural. Scaler’s platform streamlines ESG data collection and reporting and transforms it into insights that will drive sustainable change to get to net zero. Customers can model the impact of decisions and their overall portfolio to asset-level footprint, and generate reports for different disclosure and regulatory requirements. The company will use the new capital to expand beyond Europe and the US to the APAC region.

In the announcement of the transaction, Scaler CEO and co-founder Zlatan Menkovic said, “If you want to have a global impact, there are few better places to start than the real estate industry. Investors are under pressure to decarbonize their portfolios, but to do this effectively they need data, presented and analyzed in a way that helps them make the best decisions, for their clients and the world. This is exactly the problem we’re solving with Scaler and we’ve been blown away by the reaction and feedback from our customers.”

The Gunderson Dettmer deal team was led by Randall Clark and included Katie Gardner, Michael Weil, Tuca Bihari and Erica Davis. 

Companies
Scaler 
Plural