Investment to Expand the Organization, Accelerate the Product Roadmap, and Improve Customer Experience

BROOKLINE, Mass.–(BUSINESS WIRE)–Facility Grid, a leading provider of cloud-based software engineered to streamline commissioning (Cx) and operational readiness (OR) activities in the construction industry, today announced a strategic investment from Nexa Equity, a growth-oriented private equity firm focused on partnering with founders to scale B2B software businesses. The partnership is a major milestone in Facility Grid’s mission to deliver cutting-edge solutions that empower commissioning providers, building owners, general contractors, and trade contractors to effectively track, verify, and manage building systems throughout construction and ongoing operations.

Founded to address the industry’s fragmentation, Facility Grid offers an intuitive, purpose-built platform for real-time tracking, documentation, and verification of building assets, equipment, and systems. The software helps customers improve construction quality, streamline commissioning, ensure compliance with project specifications, deliver projects on schedule, automate turnover documentation, and ultimately increase profit margins. Facility Grid’s customer base includes more than 150 commissioning providers, general contractors, trade contractors, and building owners across sectors such as data centers, healthcare, higher education, life sciences, manufacturing, and office.

This investment will bring significant new resources to Facility Grid, enabling the company to accelerate product development, expand customer support, and deepen its commitment to helping customers deliver high quality buildings on time and on budget. The company is grateful to its customers for their trust and partnership, which have been instrumental in reaching this milestone, and looks forward to continuing to serve them with even greater innovation and dedication.

“Nexa Equity’s investment is a pivotal step forward for our company,” said Eric Forman, CEO of Facility Grid. “We’re thrilled to have found a likeminded partner and excited for the benefits our customers will experience. Facility Grid will continue providing the reliable platform and services our customers trust, but we are now better positioned to innovate faster, expand our capabilities, and invest more deeply in the tools that drive their success.”

“We are excited to invest in Facility Grid to support its vision to deliver even greater value to project teams and building owners,” said Vlad Besprozvany, Founder and Managing Partner at Nexa Equity. “We look forward to working closely with the team to enhance the long-term value of their business.”

Joey Maloney, Partner at Nexa Equity, added, “Facility Grid has built a best-in-class platform that brings clarity, consistency, and control to essential commissioning and quality assurance processes. We are eager to support their continued growth as they scale their impact across the built environment.”

Weil, Gotshal & Manges LLP served as legal counsel to Nexa Equity.

About Nexa Equity

Nexa Equity is a San Francisco-based private equity firm partnering with founder-led high-growth vertical SaaS companies that address markets underserved by technology to create long-term value for investors and portfolio companies. The firm manages more than $1 billion in assets. Nexa’s team brings substantial investing and operational expertise to help founders and management teams professionalize and scale their businesses for sustainable growth. For more information, please visit www.nexaequity.com.

About Facility Grid

Facility Grid is a leading cloud-based solution for commissioning and quality control, trusted by the world’s largest commissioning providers, data centers, general contractors, and building owners. It enables teams to seamlessly track, document, and report on building systems and equipment throughout installation, quality control, commissioning, and turnover. By facilitating efficient data capture and real-time schedule updates, Facility Grid increases the capacity of high value resources, enhances stakeholder communication, and streamlines turnover documentation. With a focus on driving operational excellence, it helps organizations optimize construction processes, reduce rework, and improve project outcomes across industries such as data centers, healthcare, education, manufacturing, and energy. For more information, please visit www.facilitygrid.com.

Contacts

Facility Grid
Susan Oblak
susan.oblak@facilitygrid.com

Nexa Equity
Mark Semer / Nathaniel Garnick
nexa@gasthalter.com

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