Is Andromeda a funded company?

Andromeda is a funded company, having raised a total of $60M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Andromeda?

Andromeda's latest funding was a $***** Series A round on Mar 18, 2026, with participation from 1 investor.

Where does Andromeda rank among its competitors?

Andromeda ranks 89th amongst 243 active competitors, of which 50 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Andromeda, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Andromeda?

Andromeda's top competitors include CoreWeave, Tuya and Theta Token. Among them, Andromeda secured the most recent funding round in March, 2026.

Andromeda - 2026 Company Profile, Funding & Competitors

Andromeda is a series A company. It operates as a Provider of high-performance computing resources for training and inference tasks. Andromeda has raised $60M in funding from Paradigm. The company has 243 active competitors, including 50 funded and 12 that have exited. Its top competitors include companies like CoreWeave, Tuya and Theta Token.

Company Details

Provider of high-performance computing resources for training and inference tasks. The company offers access to various GPUs, accessible via Slurm, Kubernetes, or SSH. Storage options include local NAS solutions and streaming, without ingress or egress fees. DevOps support and service level agreements are included. It also operates a marketplace for third-party GPUs.

Key Metrics

Stage

Series A

Total Funding

$60M in 2 rounds

Latest Funding Round

Series A, Mar 18, 2026, $*****

Investors

Paradigm

Ranked

89^th among 243 active competitors

Similar Companies

CoreWeave & 195 more

View Andromeda's full profile

Andromeda has raised a total funding of $60M over 2 rounds. Its latest funding round was a Series A round on Mar 18, 2026 for $*****. 1 investor participated in its latest round. Andromeda has 1 institutional investor.

Here is the list of recent funding rounds of Andromeda:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 18, 2026	3082472	Series A	5862237	5387114	2793717	8669306

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Top competitors of Andromeda include CoreWeave, Tuya and Theta Token. Here is the list of Top 10 competitors of Andromeda, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CoreWeave 2017, New York City (United States), Public	Provider of cloud computing services for artificial intelligence workloads	$2.38B	Magnetar, Fidelity Investments & 33 others	75/100
2nd	Tuya 2014, Santa Clara (United States), Public	Provider of AI cloud platform services for smart product development	$200M	New Enterprise Associates, Future Fund & 11 others	74/100
3rd	Theta Token 2016, Cupertino (United States), Series A	Decentralized video delivery platform	$9.26M	Heuristic Capital Partners, The Venture Reality Fund ... & 35 others	73/100
4th	Together AI 2022, San Francisco (United States), Series B	Provider of a platform for developing, fine-tuning, and deploying AI models	$534M	Kleiner Perkins, Nvidia & 22 others	72/100
5th	Neysa 2023, Mumbai (India), Series B	Provider of AI acceleration cloud system with infrastructure and services	$650M	Z47, Nexus Venture Partners & 16 others	70/100
6th	FluidStack 2017, New York City (United States), Series B	Provider of high-performance computing infrastructure for artificial intelligence workloads	$653M	Mercuri, Episode 1 Ventures & 7 others	69/100
7th	exaBITS 2021, San Mateo (United States), Seed	Decentralized GPU computing infrastructure for AI workloads	$20M	Portal ventures, Hack VC & 16 others	68/100
8th	Crusoe 2018, Denver (United States), Series E	Operator of cloud platform providing infrastructure for artificial intelligence workloads	$2.77B	Founders Fund, Valor Equity Partners & 66 others	67/100
9th	Ori 2018, London (United Kingdom), Acquired	Provider of a full-stack AI cloud platform with flexible deployment options	$178M	Episode 1 Ventures, Capital Lab & 10 others	65/100
10th	E2E Networks 2009, Delhi (India), Public	Provider of cloud infrastructure for artificial intelligence and machine learning	$487K	Blume Venture, Amity Business Incubator & 5 others	64/100
89th	Andromeda Series A	Provider of high-performance computing resources for training and inference tasks	$60M	Paradigm	24/100