Nexa Equity-backed Facility Grid acquires autonomous commissioning company PingCx

• With the PingCx deal, Facility Grid is introducing a new product strategy centered on three integrated offerings — FG Construct, Validate, and Sustain — providing owners, contractors, commissioners, engineers, and automation providers with a single platform using AI to manage building performance from construction to operations.
• Nexa Equity is a growth equity firm partnering with founders and management teams to scale mission-critical software and AI companies.

Facility Grid, a provider of cloud-based software for the construction industry and a portfolio company of Nexa Equity, today announced the acquisition of PingCx, an autonomous commissioning platform for building automation systems.

 The acquisition marks a significant milestone in Facility Grid’s evolution from a commissioning platform into a unified building lifecycle software company.

With the PingCx deal, Facility Grid is introducing a new product strategy centered on three integrated offerings — FG Construct, Validate, and Sustain— providing owners, contractors, commissioners, engineers, and automation providers with a single platform, incorporating AI to manage building performance from construction to long-term operations.

Formed in 2024, PingCx is an autonomous commissioning platform that connects directly to any building automation system, automating performance testing and validating building operation against design intent. The platform has demonstrated the ability to dramatically reduce commissioning time.

Following the acquisition, PingCx will become FG Validate, one of Facility Grid’s new product platform pillars. 

The acquisition strengthens Facility Grid’s position as the construction industry’s fully-integrated engineering lifecycle platform, spanning commissioning, operational readiness, performance validation, and sustainability.

FG customers include data centers, healthcare, higher education, manufacturing, offices, and other mission-critical facility owners. 

Nexa Equity made an initial investment in Facility Grid in mid-2025.

Headquartered in San Francisco, Nexa Equity is a growth equity firm partnering with founders and management teams to scale mission-critical software and AI companies.