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 Makes Growth Investment in Facility Grid to Speed Product Roadmap and Boost Customer Support
A San Francisco-based private equity firm has made a growth investment in a Boston-area software company to accelerate its product development, expand customer support, and improve overall customer experience. The investment marks a new phase for the cloud-based platform that helps construction teams track, verify and manage building systems during construction and ongoing operations.
What happened
The investment brings new resources to Facility Grid, a provider of cloud software designed to streamline commissioning and operational readiness activities in construction. The capital injection is intended to accelerate the company’s product roadmap, expand its customer support capabilities, and deepen its commitment to helping customers deliver high-quality buildings on time and on budget.
Who is involved
The investor is a growth-oriented private equity firm that focuses on founder-led vertical SaaS businesses and manages more than $1 billion in assets. The investor’s team offers both investing and operational experience aimed at helping management teams professionalize and scale for sustainable growth. Legal counsel to the investor was provided by Weil, Gotshal & Manges LLP.
About Facility Grid
Facility Grid offers an intuitive, purpose-built platform for real-time tracking, documentation and verification of building assets, equipment and systems. Its software is designed to improve construction quality by streamlining commissioning processes, ensuring compliance with project specifications, automating turnover documentation and reducing rework. These efficiencies can help project teams deliver on schedule and increase profit margins.
The company serves more than 150 commissioning providers, general contractors, trade contractors and building owners across sectors including data centers, healthcare, higher education, life sciences, manufacturing and energy. Facility Grid positions its platform as a single source of truth for tracking building system progress throughout installation, quality control, commissioning and turnover.
Operational Readiness (OR) platform upgrades
In late January 2025, Facility Grid rolled out major enhancements to its Operational Readiness (OR) platform, calling the update an industry-first for detailed tracking of mechanical, electrical and plumbing (MEP) systems. The enhanced OR platform aims to give commissioning providers, contractors and project managers real-time visibility into system status, facilitate collaboration among stakeholders and provide instant access to the information needed to keep projects on track.
Facility Grid says the OR platform reduces the risk of negative float and costly project delays by delivering real-time insights and streamlining commissioning and turnover processes. The company points to industry data showing that a large share of commercial construction firms faced delays or project abandonment in late-stage work because of unforeseen costs and rework — a problem the OR platform is intended to mitigate.
Why the investment matters
The funding is expected to shorten development cycles for new product features, expand support teams that assist customers during critical construction phases, and enhance user experience across the platform. For commissioning providers and contractors handling high-stakes projects—such as data centers, hospitals and airports—faster innovation and stronger support can translate to fewer surprises at turnover and better alignment with project schedules.
Company leadership described the investment as a pivotal step that will enable faster innovation, broaden capabilities and allow deeper investment in tools that drive customer success. The investor’s leadership said they plan to work closely with Facility Grid’s team to grow the business and increase long-term value.
What customers and the market can expect
Customers can expect accelerated rollouts of new features, more robust support during commissioning and turnover, and continued emphasis on centralized data capture and schedule integration. Facility Grid’s platform is positioned to increase the capacity of high-value resources, improve stakeholder communication and simplify turnover documentation—factors that help reduce rework and improve overall project outcomes.
Contacts and more information
Facility Grid and the investor maintain public websites with additional information about their platforms and portfolio strategies. Media contacts were listed by both companies in the announcement.
FAQ
What is the nature of the investment?
A growth investment from a private equity firm aimed at accelerating Facility Grid’s product development, expanding customer support, and improving customer experience.
How will Facility Grid use the funds?
Funds are intended to speed the product roadmap, hire and expand customer support teams, and invest in tools and features that help customers deliver projects on time and on budget.
What is the Operational Readiness (OR) platform?
The OR platform is a cloud solution for tracking, verifying and reporting the status of mechanical, electrical and plumbing systems in real time, designed to streamline commissioning and turnover processes.
Which industries use Facility Grid?
Facility Grid’s customer base spans data centers, healthcare, higher education, life sciences, manufacturing, office and energy sectors.
How does the OR platform reduce project delays?
By delivering real-time insights, centralizing tracking and streamlining turnover documentation, the platform reduces unforeseen late-stage rework and helps keep schedules aligned.
Key features and benefits
| Feature | Benefit | Who it helps |
|---|---|---|
| Real-time tracking | Instant visibility into equipment and system status | Project managers, schedulers, executives |
| Operational Readiness (OR) platform | Streamlined commissioning and turnover workflows | Commissioning providers, contractors, owners |
| Automated turnover documentation | Faster handover with complete folders and reports | General contractors, owners |
| Expanded customer support | Improved onboarding and in-field assistance | All customers during critical project phases |
| Product roadmap acceleration | Quicker delivery of new features and integrations | Existing and future customers |
| Industry coverage | Tailored workflows for high-stakes sectors | Data centers, healthcare, education, manufacturing, energy |
For more details about the platform or investor background, public company pages and contact points are available through the businesses’ websites.
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
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