Andromeda - About the company
Andromeda is a series A company based in United States, founded by Daniel Gross and Nat Friedman. It operates as a Provider of high-performance computing resources for training and inference tasks. Andromeda has raised $60M in funding from Paradigm, with a current valuation of $1.5B. The company has 340 active competitors, including 56 funded and 16 that have exited. Its top competitors include companies like CoreWeave, Tuya and Together AI.
Sectors and market segments that Andromeda operate in
Andromeda serves in the High Tech, Native AI market segments.The primary business model of Andromeda are: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
Location
Stage
Series A
Total Funding
$60M in 2 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Mar 18, 2026
Investors
Ranked
66th among 340 active competitors
Employee Count
34 as on Sep 30, 2026
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Andromeda's funding and investors
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 an undisclosed amount. 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 | Undisclosed | Series A | - | - | - |
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Andromeda's founders and board of directors
Founder? Claim ProfileThe founders of Andromeda are Daniel Gross and Nat Friedman.
Here are the details of Andromeda's key team members:
- Daniel Gross: Co-Founder of Andromeda. Contact Info: 1 email address
- Nat Friedman: Co-Founder of Andromeda. Contact Info: 1 email address
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Andromeda's employee count trend
Andromeda has 34 employees as of Sep 26. Here is Andromeda's employee count trend over the years:
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Andromeda's Competitors and alternates
Top competitors of Andromeda include CoreWeave, Tuya and Together AI. Here is the list of Top 10 competitors of Andromeda, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 81/100 | |
2nd |  Tuya 2014, Santa Clara (United States), Public | Provider of AI cloud platform services for smart product development | $200M | 75/100 | |
3rd | Together AI 2022, San Francisco (United States), Series C | Provider of a platform for developing, fine-tuning, and deploying AI models | $1.33B | 75/100 | |
4th |  FluidStack 2017, New York City (United States), Series B | Provider of high performance computing infrastructure for artificial intelligence workloads | $2.55B | 72/100 | |
5th |  Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 70/100 | |
6th | Crusoe 2018, Denver (United States), Series F | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $6.67B | 69/100 | |
7th | Network of distributed cloud infrastructure providing enterprise grade GPU compute | $9M | 67/100 | ||
8th |  exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
9th | Provider of cloud, data center, and managed services for digital transformation | $150M | 67/100 | ||
10th | Provider of AI acceleration cloud system with infrastructure and services | $653M | 66/100 | ||
66th |  Andromeda United States, Series A | Provider of high-performance computing resources for training and inference tasks | $60M | 35/100 |
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Andromeda's Investments and acquisitions
Andromeda has made no investments or acquisitions yet.
Reports related to Andromeda
Here is the latest report on Andromeda's sector:
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