Intium is honored to have been selected as a technical due diligence partner for Nexa Equity within the $31M investment process of Easy Metrics - a labor management platform for warehouses and manufacturers based in Bellevue, Washington.
Intium Performs Full Scope Technical Due Diligence on Easy Metrics
Easy Metrics, a leader labor analytics platform for warehouses and manufacturers, has received a $31 million investment from Nexa Equity, a growth-oriented private equity firm focused on partnering with founders to scale B2B software businesses.
Intium performed a full scope technical due diligence exercise for Nexa Equity and helped to sharpen the investment thesis and align the development and value creation plans to further accelerated growth.
The investment will be used to streamline and accelerate product development, expand organizational capacity, and pursue strategic acquisitions.
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Dean Dorcas, Co-Founder and CEO of Easy Metrics, said, “Our vision is to unlock the power of workflow data for supply chain operations so customers can strategically use it to drive operational excellence and profitability. Operations leaders increasingly seek to manage labor, costs, and performance in one place. Nexa Equity is a partner that has the expertise, resources, and shared vision to achieve our long-term goals.” Dan Keto, President and CTO of Easy Metrics, added, “Our team believes there’s a massive opportunity ahead of Easy Metrics, and we look forward to collaborating with Nexa Equity to reinforce our leading position as a trusted partner to our customers.”
Vlad Besprozvany, Founder and Managing Partner at Nexa Equity, shared, “Easy Metrics is at the cutting edge of transforming operational visibility in industries that have traditionally relied on manual processes to manage operations. Our investment is strategically aimed at boosting Easy Metrics’ capacity to scale and capitalize on this transformation opportunity by helping the team further expand product capabilities, make strategic hires, and scale its go-to-market strategy.”
Joey Maloney, Partner at Nexa Equity, added, “Easy Metrics’ labor analytics solution is becoming increasingly vital for warehouses and manufacturers due to shifts in labor dynamics and the supply chain. We are very excited to partner with Dean and the Easy Metrics team, which has leveraged their deep industry expertise to build a best-in-class product that addresses critical operational needs.”
About Nexa Equity
Nexa Equity is a San Francisco, California based private equity firm that partners with founder-led, rapidly scaling SaaS companies that address markets underserved by technology to create enduring value for the benefit of its investors and portfolio companies. The firm has more than $350 million in private equity capital under management and is focused on continuing to grow its portfolio of companies. The Nexa Equity team brings substantial investing and operational experience to the table and helps management teams professionalize and scale their businesses while driving long-term sustainable growth.
About Easy Metrics
Operations and finance leaders use Easy Metrics’ cloud platform to analyze, forecast, and manage the cost and performance of their warehouse operations. Easy Metrics empowers leaders to drive operational speed and efficiency, cut waste, prioritize investments, and adopt labor and automation strategies that ultimately fuel the growth of their business. Easy Metrics is based in Bellevue, Washington and serves more than 50 customers and 250 warehouse facilities. Easy Metrics received initial funding from SJF Ventures and Fortson Venture Capital, which have been instrumental in helping the company become industry leaders.
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