Nexstar Network
- Company typePrivate
- Founded1992
- HeadquartersBloomington, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
Nexstar Network firmographics
Firmographics- Name
- Nexstar Network
- Legal name
- Nexstar Network, Inc.
- Website
- https://nexstarnetwork.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Nexstar Network industry classification
Industry- Product category
- Trade Association Services
- NAICS
- Other Personal Services (8129), Convention and Trade Show Organizers (561920)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Course Bundle Subscriptions & Learning Membership Marketplaces (EDAFAIAI)
- akta.pro secondary industry
- Hybrid Conferences & Conventions (In-Person + Streamed) (MPAGAOAC)
Keywords
Where Nexstar Network is headquartered
LocationHeadquarters
- HQ city
- Bloomington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Nexstar Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Membership Dues: Primary revenue stream from membership fees paid by independent plumbing, HVAC, and electrical contractors. Members pay dues which are partially offset by rebates earned through the vendor partner program. More than 60% of membership pays their dues with rebates earned through vendors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard membership for independent contractors |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Nexstar Network product offering
Product offeringCore offering
Nexstar Network sells annual membership subscriptions to independent plumbing, HVAC, and electrical contractors. Members receive unlimited one-on-one business coaching from full-time trade-experienced coaches, access to training programs (including the NexTech Academy online platform), peer networking with 800+ members, vendor partnerships with rebate programs, and admission to the annual Super Meeting conference.
Product overview
Nexstar Network is a membership-based organization that provides coaching, training, and peer networking services for independent plumbing, HVAC, and electrical contractors. The core offering is the Nexstar Network Membership, which combines individualized business coaching from industry-experienced coaches with access to transformative training programs including NexTech Academy (online technical training) and in-person classes. Members also benefit from networking with over 800 peers and strategic vendor partnerships. Additional offerings include the annual Super Meeting conference, regional meetings, the Ambassador Program for member referrals, and the free Business Planning Wizard tool. The organization also supports the nonprofit Explore The Trades initiative to promote trades careers.
Differentiator
Problem solved
Functional benefit
Products and services
- Nexstar Network Membership Annual membership for independent plumbing, HVAC, and electrical contractors providing unlimited one-on-one business coaching, transformative training programs, peer networking with 800+ members, and access to strategic vendor partnerships.
- NexTech Academy Online, self-paced technical training platform providing courses for plumbing, HVAC, and electrical trades at all technician experience levels, used alongside hands-on training.
- Super Meeting
Quantifiable outcome
- Members committed to minimum 10% revenue growth and 15% net profit
- +2 more outcomes
Companies that use Nexstar Network
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Nexstar Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Nexstar Network partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and strategic.
- Explore The TradescoreNonprofit organization founded by Nexstar Network in 2005, committed to developing the next generation of skilled workforce by changing the perception of the trades. Creates awareness through industry statistics, career resources, and connections with residential service companies throughout North America.
- NexTech AcademycoreOnline technical training program developed to help members build their own workforce from the ground up. Provides self-paced courses for plumbing, HVAC, and electrical trades.
- HD SupplystrategicStrategic vendor partner providing dealer discounts and rebates for Nexstar members on products and services. Part of combined purchasing power initiative.
- MoenstrategicPlumbing fixtures partner providing dealer discounts and rebates for Nexstar members through vendor partner program.
- RillastrategicAI-powered virtual ride-along software for home services contractors. Provides recordings, transcriptions, summaries, and analytics from sales visits. Sales managers who coach with Rilla are reportedly 8x faster and 20x more efficient.
- Buck.aistrategicAI-powered dispatch and optimization software that helps contractors assign best technicians to highest-paying jobs in shortest time. Uses live traffic data for optimized dispatch boards with 30-40% decrease in technician windshield time.
- ServiceTitanstrategicField service management software partnership. Avoca has struck partnership with ServiceTitan alongside Nexstar and Home Service Freedom.
- Explore The Trades (with Ferguson)corePartnership where Ferguson supports Explore The Trades nonprofit. An estimated 2,100 more students can access equipment and resources to help fuel their future in the trades thanks to Explore The Trades and Ferguson.
Scale indicators6 records
Recent moves11 records
Expansion highlights5 records
Nexstar Network competitors and assessment
Company assessmentOthers
- HD Supply: HD Supply is a major wholesale distributor serving residential and commercial contractors with maintenance, repair, and operations products. It is a strategic Nexstar vendor partner offering dealer rebates to members and operates as a supply-chain enabler in the same ecosystem.
- Ferguson Enterprises: Ferguson is the largest US distributor of plumbing, HVAC, and waterworks supplies and a strategic vendor partner that provides rebates and training support to Nexstar members. It is comparable as a critical supply-chain counterpart in the same residential contractor ecosystem.
Direct peers
- Service Roundtable: Service Roundtable is a member-owned group purchasing and training organization for residential HVAC contractors, offering vendor rebates, peer benchmarking, and operational best practices. It is one of the closest direct comparables to Nexstar in business model and member value proposition.
Emerging players
- Buck.ai: Buck.ai offers AI-powered dispatch and route optimization software for home services contractors, focused on reducing windshield time and improving technician-job matching. It is a Nexstar technology partner and serves an overlapping independent contractor customer base.
- Home Service Freedom: Home Service Freedom is an emerging AI-driven coaching and training platform for residential service contractors, explicitly listed as a Nexstar technology/integration partner. It targets a similar SMB and mid-market contractor base with a software-first delivery model.
- Rilla: Rilla provides AI-powered virtual ride-along and sales-coaching software for home service contractors, capturing and analyzing field sales visits. It complements Nexstar's coaching model with technology-driven performance feedback and is a current Nexstar partner.
Broad incumbents
- ServiceTitan: ServiceTitan is the leading field service management software platform for residential trades including plumbing, HVAC, and electrical. It overlaps with Nexstar by serving the same independent contractor base, adding coaching, training, and benchmarking alongside its software suite, and is explicitly listed as a Nexstar integration partner.
- Plumbing-Heating-Cooling Contractors Association (PHCC): PHCC is the national trade association for plumbing, heating, and cooling contractors, providing education, legislative representation, and member benefits. It directly competes with Nexstar for the same independent residential contractor segment through association membership.
- Air Conditioning Contractors of America (ACCA): ACCA is the long-standing US national trade association for HVAC contractors, offering training, certification, networking, and advocacy. It is comparable to Nexstar as a competing membership organization for the residential HVAC segment, though broader in scope and older in orientation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nexstar Network social profiles
Digital presenceNexstar Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexstar Network leadership team
Management profileNumber of profiles
Profiles20 records
Nexstar Network subsidiaries and ownership
Company hierarchySubsidiaries2 records
Nexstar Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexstar Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nexstar Network
What does Nexstar Network do?
Nexstar Network sells annual membership subscriptions to independent plumbing, HVAC, and electrical contractors. Members receive unlimited one-on-one business coaching from full-time trade-experienced coaches, access to training programs (including the NexTech Academy online platform), peer networking with 800+ members, vendor partnerships with rebate programs, and admission to the annual Super Meeting conference.
Is Nexstar Network a public or private company?
Nexstar Network is a private company. It is classified as management employee owned and is currently operating.
When was Nexstar Network founded?
Nexstar Network was founded in 1992. It employs 101 to 250 people.
Where is Nexstar Network based?
Nexstar Network is headquartered in Bloomington, United States, in the North America region.
How does Nexstar Network make money?
One revenue line is on record: membership Dues.
Who are Nexstar Network's main competitors?
Others on record are HD Supply and Ferguson Enterprises. Service Roundtable is listed as a direct peer. Emerging players are Buck.ai, Home Service Freedom and Rilla. Broad incumbents are ServiceTitan, Plumbing-Heating-Cooling Contractors Association (PHCC) and Air Conditioning Contractors of America (ACCA).
Does Nexstar Network have an API?
No public API is recorded for Nexstar Network.
What industry is Nexstar Network in?
Nexstar Network's product category is Trade Association Services. Its primary akta.pro industry code is EDAFAIAI, Course Bundle Subscriptions & Learning Membership Marketplaces, with a secondary code of MPAGAOAC, Hybrid Conferences & Conventions (In-Person + Streamed). Its NAICS code is 8129 and its SIC code is 8600.