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.
Nexa Equity invests in Facility Grid to speed product work and expand customer support
Overview
Nexa Equity has made a growth investment in Facility Grid, a provider of cloud software for tracking commissioning and operational readiness in building projects. The announcement originated from Brookline, Mass., and said the investment will bring new resources to help accelerate the company’s product roadmap, expand customer support, and improve overall customer experience.
Why this matters
The investment targets software used to manage mechanical, electrical and plumbing systems, commissioning work, and turnover documentation during construction. The tool aims to reduce late-stage problems that can cause delays, extra costs, and rework. Industry data referenced in the announcement notes that more than half of commercial construction firms reported delays or abandonment of projects in recent years because of unforeseen costs and rework late in the schedule. The added funding is intended to strengthen features and support that directly address those risks.
What Facility Grid does
Facility Grid offers a cloud-based platform designed to let teams track, document and verify building systems in real time. The platform supports installation tracking, quality control checks, commissioning workflows, and turnover packages. According to the company’s materials, the software helps teams capture data in the field, update schedules in real time, automate turnover documentation, and provide a centralized record for stakeholders. The platform is used across sectors such as data centers, healthcare, higher education, life sciences, manufacturing, and office and energy projects.
Current scale and reach
The company said it serves a customer base of more than 150 commissioning providers, general contractors, trade contractors, and building owners. Users include teams responsible for high-stakes projects where timely completion and system reliability are critical, such as data centers and hospitals. A recent update to the company’s Operational Readiness platform, announced in late January 2025, added expanded capabilities intended to position the platform as a single source of truth for tracking system status and progress.
What the investment will fund
The new capital from Nexa Equity is earmarked to speed product development, strengthen customer support operations, and let the company invest more deeply in tools that aim to improve project outcomes. The investment is described as intended to help the company innovate faster, expand platform capabilities, and provide more resources for customers during installations, commissioning, and turnover, while maintaining a stable, reliable platform for ongoing use.
Firm and financial background
Nexa Equity is a private equity firm that focuses on growth investments in business-to-business software companies, especially founder-led, high-growth, vertical SaaS firms. Nexa Equity manages more than $1 billion in assets and says it partners with management teams to scale operations and create long-term value. Legal counsel in the transaction was provided by Weil, Gotshal & Manges LLP.
Product highlights and recent updates
A recent update to Facility Grid’s Operational Readiness (OR) Platform added features for detailed tracking and reporting of MEP systems, real-time status updates for schedulers and project managers, and a streamlined turnover package intended to simplify documentation handoffs. The company describes the OR Platform as able to reduce the risk of negative float and costly schedule impacts by delivering timely information and clearer accountability among stakeholders.
Customer experience
The company emphasized that one of the outcomes of platform use is simplifying the turnover process through structured folder packages that collect the reports and documentation general contractors request. The stated result is faster access to required records during meetings and turnover reviews, which supports timely decision making and helps keep projects on schedule.
What to watch next
Expect the company to roll out accelerated product updates, expand customer support teams, and further develop integrations and features aimed at improving construction quality and reducing rework. Observers may watch for specific product releases, expanded customer service offerings, and measurable effects on project schedules and turnover times.
More information
Company websites are listed in public materials for readers who want direct technical or product information. The announcement noted the investor’s focus on scaling vertical SaaS businesses and the target use of funds to increase product velocity and customer support capacity.
FAQ
What companies are involved in the investment?
The investment is between a growth-oriented private equity firm and a provider of cloud software for construction commissioning and operational readiness. The investor supports scaling B2B software businesses, and the recipient focuses on tracking and documenting building systems during construction and turnover.
What will the funding be used for?
The funds are intended to accelerate the product roadmap, expand customer support, and improve customer experience, including faster product innovation and deeper investment in tools that support project teams.
Which industries use the software?
The platform is used across data centers, healthcare, higher education, life sciences, manufacturing, office projects, and energy-related projects.
How does the platform help construction teams?
It provides real-time tracking and verification of mechanical, electrical, and plumbing systems; supports commissioning workflows; automates turnover documentation; and offers data for schedule updates and decision making.
Are there recent product updates to note?
Yes. An Operational Readiness platform update announced in January 2025 added expanded capabilities for detailed system tracking, real-time schedule updates, and improved turnover packaging.
Where can I find more technical details?
Technical details and product pages are available directly from the software provider’s official website.
Key features at a glance
| Feature | Purpose | Benefit |
|---|---|---|
| Real-time MEP tracking | Monitor mechanical, electrical and plumbing status | Faster decisions and fewer schedule surprises |
| Commissioning workflows | Manage checks, verifications and issue resolution | Improved construction quality and reduced rework |
| Turnover packaging | Automate and structure handoff documentation | Simpler meetings and faster acceptance by owners |
| Real-time schedule updates | Feed progress to schedulers and project managers | Reduced risk of negative float and delays |
| Centralized documentation | Keep records and reports in one place | Clearer accountability and easier audits |
Deeper Dive: News & Info About This Topic
Additional Resources
- BusinessWire: Facility Grid Receives Growth Investment from Nexa Equity
- Wikipedia: Commissioning (building)
- PE Hub: Nexa Equity Invests in Construction Software Provider Facility Grid
- Google Search: Facility Grid Nexa Equity investment
- Engineering.com: Facility Grid Expands Operational Readiness Platform
- Google Scholar: operational readiness platform construction commissioning
- Facility Grid: Official website
- Encyclopedia Britannica: construction project management
- Nexa Equity: Official website
- Google News: Facility Grid investment
Author: Construction TX News
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