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Scaler raises $10M Series A led by Plural 100 million kg of CO2 saved in 2024 25,000+ buildings monitored Customers manage over $350B in real estate assets $1B in decarbonization measures planned Reporting for GRESB · CSRD · SFDR · EU Taxonomy Partnerships with Rhino & iqbi automate utility data Scaler raises $10M Series A led by Plural 100 million kg of CO2 saved in 2024 25,000+ buildings monitored Customers manage over $350B in real estate assets $1B in decarbonization measures planned Reporting for GRESB · CSRD · SFDR · EU Taxonomy Partnerships with Rhino & iqbi automate utility data
Company Profile · Climate & Proptech

Scaler.

The ESG data platform built for real estate - by real estate people. It turns fragmented sustainability data into audit-ready reports and decarbonization roadmaps that actually get built.

Founded 2021 New York · Amsterdam Series A · $10M B2B SaaS
Scaler company logo
The Scaler wordmark. Headquartered in New York and Amsterdam, with teams in London and Sydney - a company selling calm in an industry drowning in ESG spreadsheets.
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Measure · Manage · Decarbonize — one traceable source of truth
The Dispatch

Turning ESG chaos into decisions

Real estate owns roughly a third of the world's carbon emissions, and yet the industry has long run its sustainability efforts on spreadsheets nobody fully trusts. Scaler was founded in 2021 to fix that plumbing problem. Its software collects building-level energy, water, gas and on-site generation data, validates it, and turns it into audit-ready reports and decarbonization roadmaps that property teams can act on.

The pitch is deliberately unglamorous. Where other climate software leans on slogans, Scaler leans on traceability: every ESG data point is tracked from the meter it came from all the way to the final report, so an audit stops being a fire drill. "Investors are under pressure to decarbonise their portfolios," says CEO Zlatan Menkovic, "but need data presented and analysed to make decisions."

That framing matters. Scaler treats compliance not as the finish line but as the starting point - the same dataset that satisfies a regulator becomes the map for where to spend retrofit capital. Customers using the platform have collectively planned around $1 billion in improvement and retrofit measures, and reported 100 million kilograms of CO2 saved in 2024 alone.

The company is built by people who lived the problem. Co-founder Luc van de Boom was an early employee at GRESB, the global ESG benchmark for real estate, and several team members are ex-GRESB insiders who wanted a more hands-on role moving the industry forward. Menkovic came from a product lead role at Uber. The result is software that speaks the industry's language rather than translating climate theory into it.

By the Numbers

What the platform has moved

$350B+
Assets under customer management
100M kg
CO2 saved in 2024
25,000+
Buildings monitored
$1B
Decarbonization measures planned
Products & Services

One platform, four jobs

DATA IN

Data Collection

Online surveys, pre-built APIs and bulk import/export tools pull energy, water, gas and generation data into one place.

AI

AI Engine

Automates gap analyses, estimates missing meter data and flags outliers so reporting isn't derailed by holes in the data.

REPORT

Planning & Reporting

Auto-reporting for GRESB, GRI, CSRD, SFDR, EU Taxonomy, TCFD, INREV and EPRA, plus retrofit modeling and BI exports.

ANALYZE

Dashboards & Analytics

Centralized monitoring, real-time alerts, CRREM analysis and net-zero pathway modeling down to meter level.

FORWARD

Net-Zero Pathways

CRREM-aligned transition modeling flags stranding risk and shapes capex and opex plans for decades ahead.

TRUST

Full Traceability

Every data point tracked from source to report, making audits routine rather than resource-draining.

Reporting Coverage

Collect once, report everywhere

Each ESG framework wants the same data in a different shape. Scaler's core insight is to collect building-level data once and output it across every major standard - no duplicative work. The illustrative mix below reflects how a typical European institutional portfolio leans on the platform's report library.

  • GRESB API Partner with automated benchmark submission
  • CSRD, SFDR and EU Taxonomy from one validated dataset
  • CRREM stranding-risk and net-zero pathway analysis

Frameworks in play

Illustrative usage across a portfolio
GRESB
94%
CSRD
82%
SFDR
76%
EU Taxonomy
68%
GRI / INREV
61%
CRREM
88%
Who Uses It

The people on the hook

Scaler serves the roles that carry ESG risk and reporting duty across a portfolio - roughly 30 customers managing over $350 billion in assets as of its Series A.

Asset & Fund Managers Risk & Compliance Officers Property & Portfolio Managers Sustainability Consultants

Named clients include a.s.r. real estate, Jamestown and consultancy Verdani Partners, alongside a roster of European institutional owners.

The Problem

Why it exists

  • ESG data lives in scattered spreadsheets and PDFs no one trusts.
  • Regulators want five frameworks; teams rebuild the same numbers five times.
  • Missing meter data stalls reports right before deadlines.
  • Audits become resource-draining hunts for the source of a figure.
  • Compliance rarely translates into a plan for actual carbon cuts.

"Investors are under pressure to decarbonise their portfolios, but need data presented and analysed to make decisions."

Zlatan Menkovic — CEO & Co-Founder, Scaler

"Scaler has enabled a.s.r. to develop effective decarbonisation roadmaps for all assets in their portfolios, aligning with capex and opex planning for the coming decades."

Patrick de Baat — Sustainability Manager, a.s.r. real estate

"We adopted Scaler globally for its environmental data management and analytics, including CRREM analysis and GRESB reporting support. We highly recommend Scaler for its robust performance."

Renee Sheary — Vice President, Jamestown
How It's Different

Built by the industry

Generic ESG platforms treat real estate as one vertical among many. Scaler was built the other way around - by ex-GRESB insiders and a product team that started with the meter, not the dashboard. Competitors like Deepki, Measurabl and EVORA's SIERA compete on the same ground, but Scaler's wedge is domain fluency plus end-to-end traceability.

  • Real-estate-native, not a horizontal ESG tool
  • Source-to-report data lineage on every figure
  • Forward-looking CRREM and net-zero modeling, not just backward reporting
Business Model

How it makes money

Scaler is a B2B SaaS company. It sells subscription access to its platform to real estate investors, fund and asset managers, and sustainability consultants, typically priced by portfolio size and the reporting frameworks a client needs.

Its ecosystem strategy leans on integration rather than owning every data source. Partnerships with Rhino and iqbi pipe automated building-level utility data straight into Scaler, because in real estate no single platform owns the meter - and winning means playing well with others.

The Record

How Scaler got here

2021

Scaler is founded

Zlatan Menkovic and Luc van de Boom launch Scaler in New York and Amsterdam to fix real estate ESG data.

2022

Platform gains traction

Early customers cut roughly 15 million kg of carbon output annually and automate GRESB reporting.

2024

$10M Series A

Plural leads a $10M round with Base10 participating, funding product expansion and growth into APAC.

2024

100M kg CO2 saved

The platform reports 100 million kg of CO2 saved and $1 billion in planned decarbonization measures.

2025

Ecosystem & customer wins

Rhino and iqbi partnerships automate utility data as clients like Jamestown and Verdani scale usage.

Funding

Who's backing it

JULY 2024 · SERIES A

$10M led by Plural

Base10 Partners participated. Roughly $12.75M raised in total to date. Proceeds fund product expansion and growth into the APAC region.

Partnerships

The ecosystem

  • Rhino — automates utility data so energy, water and gas metrics land in one view.
  • iqbi — building-level utility data flowing into CSRD, SFDR and EU Taxonomy reports.
  • GRESB — API Partner for automated benchmark submission.
  • CRREM & INREV — standards alignment for stranding-risk and disclosure.
Questions

Frequently asked

What does Scaler do?
Scaler is an ESG data platform for real estate that collects building-level sustainability data, validates it, and turns it into audit-ready reports and decarbonization roadmaps.
Who uses Scaler?
Real estate investors, fund and asset managers, compliance officers and sustainability consultants - roughly 30 customers managing over $350 billion in assets as of 2024.
Which reporting frameworks does it support?
GRESB, CSRD, SFDR, EU Taxonomy, TCFD, GRI, INREV and EPRA, plus CRREM analysis and net-zero pathway modeling.
Who founded Scaler and when?
It was founded in 2021 by Zlatan Menkovic, a former Uber product lead, and Luc van de Boom, an early GRESB employee.
How much funding has Scaler raised?
About $12.75 million total, including a $10 million Series A led by Plural in July 2024 with Base10 participating.
Follow & Read More

Links & sources

Product demos and interviews with the Scaler team are shared through the company's website and LinkedIn page - see scalerglobal.com and /company/scaler-global for the latest walkthroughs.