Nexa Equity Makes Growth Investment in Facility Grid to Accelerate Product Roadmap

Boston, MA, August 14, 2025

News Summary

Nexa Equity has made a growth investment in Boston-area software company Facility Grid to accelerate its product roadmap, expand customer support and improve customer experience. Facility Grid’s cloud-based Operational Readiness (OR) platform provides real-time tracking, verification and documentation for mechanical, electrical and plumbing systems, streamlining commissioning and turnover to reduce rework and delays. The funding will shorten development cycles, enable faster feature rollouts, and increase in-field support during critical project phases. Facility Grid serves commissioning providers, contractors and building owners across data centers, healthcare, higher education, life sciences, manufacturing and energy sectors.

Growth Investment by Nexa Equity Accelerates Facility Grid’s Product Roadmap and Customer Experience

Nexa Equity has announced a growth investment in Facility Grid to speed the product roadmap, expand customer support, and enhance the customer experience. The announcement originates from Brookline, Massachusetts, and centers on Facility Grid’s cloud-based software designed to streamline commissioning (Cx) and operational readiness (OR) activities across the construction sector.

What Facility Grid Does

Facility Grid offers an intuitive, purpose-built platform for real-time tracking, documentation, and verification of building assets, equipment, and systems. The software supports customers in improving construction quality, streamlining commissioning processes, ensuring adherence to project specifications, and delivering projects on schedule. It also automates turnover documentation and is positioned to increase profit margins for users. The customer base exceeds 150 commissioning providers, general contractors, trade contractors, and building owners, spanning industries such as data centers, healthcare, higher education, life sciences, manufacturing, and office facilities. Facility Grid’s offerings are described as a leading cloud-based solution trusted by major players in commissioning, data centers, general contracting, and ownership of buildings.

The Investment and Its Aims

The Nexa Equity investment is intended to bring additional resources to Facility Grid to accelerate product development, expand customer support capabilities, and deepen the company’s ability to help customers deliver high-quality buildings on time and within budget. The partnership is viewed as a significant milestone in Facility Grid’s mission to provide tools that help commissioning providers, building owners, general contractors, and trade contractors track, verify, and manage building systems throughout construction and ongoing operations.

Operational Readiness Platform Enhancements

In a separate development, Facility Grid announced major enhancements to its OR Platform on January 30, 2025, describing the update as industry-first. The OR Platform is designed to serve construction professionals across Cx providers, general contractors, and trade contractors by enabling real-time tracking, verification, and reporting on the status of critical mechanical, electrical, and plumbing (MEP) systems. The platform emphasizes seamless collaboration among stakeholders and provides instant access to information needed for decision-making and keeping projects on track. Facility Grid notes that the platform directly addresses late-stage risks and rework by delivering real-time data and streamlined turnover processes, helping reduce the risk of negative float and costly delays. The leadership underscored that the OR Platform offers detailed tracking and feeds information back to schedulers, project managers, and executives responsible for keeping projects on schedule.

Industries Served and Market Reach

Facility Grid’s solutions target sectors including data centers, healthcare, education, manufacturing, and energy. The company emphasizes that its tools deliver a single source of truth for tracking progress of building systems and equipment throughout installation, quality control, commissioning, and turnover, with real-time data capture and instant schedule updates.

Leadership, Partnerships, and Strategic Outlook

Key leadership highlights include the CEO of Facility Grid, who described the investment as a pivotal step toward transforming fragmented and manual tracking methods into a centralized, analytics-driven solution. Nexa Equity, a San Francisco–based growth-focused private equity firm, is positioned as a partner with founder-led, high-growth vertical SaaS companies. Nexa Equity brings investing and operational expertise aimed at scaling businesses for sustainable growth, with a portfolio approach that emphasizes long-term value creation. The Nexa Equity team signals a collaborative approach to bolster Facility Grid’s ability to enhance the built environment. Additionally, legal counsel for Nexa Equity in connection with the investment was provided by Weil, Gotshal & Manges LLP.

What This Means for Customers

According to Facility Grid, the combination of capital and strategic partnership will enable faster delivery of enhancements, broader customer support, and deeper investments in tools that drive customer success. The company notes gratitude toward its customers for their trust and partnership as it reaches this milestone, with a continued focus on delivering a reliable platform and services that enhance project outcomes and stakeholder communication.

Contact and Further Information

Facility Grid maintains a public-facing platform and communications path for customers seeking information about the OR Platform and related services. The company highlights that the OR Platform supports real-time tracking and transparency critical for high-stakes projects such as data centers, hospitals, and airports.

Key Figures and Names

Notable individuals associated with the investment include Eric Forman, Chief Executive Officer of Facility Grid; Vlad Besprozvany, Founder and Managing Partner at Nexa Equity; and Joey Maloney, Partner at Nexa Equity. Nexa Equity operates with a capital base and a focus on partnering with founders to scale B2B software businesses, aiming to generate long-term value for investors and portfolio companies.

Additional Context

Facility Grid’s OR platform is described as a definitive source of truth for tracking progress of building systems and equipment throughout the construction lifecycle, and its new capabilities were positioned as reinforcing the platform’s role in on-time, on-budget project delivery. The company’s approach centers on improving stakeholder communication, reducing rework, and driving operational excellence across multiple industry sectors.

Frequently Asked Questions

What is the purpose of Nexa Equity’s investment in Facility Grid?

The investment aims to accelerate product development, expand customer support, and strengthen Facility Grid’s ability to help customers deliver high-quality projects on time and within budget.

What does Facility Grid’s platform do?

The platform provides real-time tracking, documentation, and verification of building assets, equipment, and systems to streamline commissioning and operational readiness activities.

What is the OR Platform and why is it significant?

The OR Platform is an industry-first solution that tracks MEP systems in real time, supports collaboration among project stakeholders, and delivers decisions-based access to critical information to keep projects on track and reduce late-stage costs and rework.

Which industries and customers does Facility Grid serve?

The company serves data centers, healthcare, education, manufacturing, and energy sectors, with a customer base of more than 150 commissioning providers, general contractors, trade contractors, and building owners.

Who are the key leaders involved in this investment?

Eric Forman leads Facility Grid as CEO; Vlad Besprozvany and Joey Maloney represent Nexa Equity, a growth-oriented private equity firm focused on scaling B2B software businesses.

Key features and impacts discussed in the article

Feature	Benefit	Primary Stakeholders
Real-time tracking of MEP systems	Improves decision-making and schedule adherence	Project managers, schedulers, field teams
Documentation and verification	Streamlines turnover and quality assurance	Cx providers, contractors, building owners
Turnover documentation automation	Reduces administrative burden and rework	General contractors, owners
Industry-first OR Platform enhancements	Decreases late-stage costs and project delays	All stakeholders in complex projects (data centers, hospitals, airports)
Real-time schedule updates	Keeps projects on track and aligned with milestones	Project teams, executives
Enhanced collaboration	Improves stakeholder communication and transparency	Cx providers, GC/Trade contractors, owners
Product roadmap acceleration	Faster delivery of new features and capabilities	Facility Grid product teams and customers
Expanded customer support	Better responsiveness and service quality	Customers across industries