Nominal - About the company
Nominal is a series B company based in Los Angeles (United States), founded in 2017 by Cameron McCord and Bryce Strauss. It operates as a Provider of a unified industrial data stack for hardware engineering. Nominal has raised $182M in funding from investors like Sequoia Capital, Founders Fund and General Catalyst, with a current valuation of $1B. The company has 197 active competitors, including 9 funded and 20 that have exited. Its top competitors include companies like Yokogawa, Phaidra and Inductive Automation.
Sectors and market segments that Nominal operate in
Nominal serves in the Industrial Goods and Manufacturing market segments.The primary business model of Nominal is:Company Details
Provider of a unified industrial data stack for hardware engineering. The platform offers tools and infrastructure for engineers to test and operate technology. It provides edge and cloud applications for a connected view of reality. The platform captures telemetry, logs, video, and simulation results. It enables trend analysis, performance monitoring, and automated reporting. The system supports secure cloud, private environments, and on-premise deployments.
Key Metrics
Founded Year
2017
Location
Los Angeles, United States
Stage
Series B
Total Funding
$182M in 4 rounds
Latest Funding Round
Post Money Valuation
$1B as on Mar 05, 2026
Investors
Ranked
1st among 197 active competitors
Employee Count
270 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Nominal
Nominal is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Nominal, Inc. CIN: 881454012 , United States, Active | - | 45 (As on Dec 31, 2024) | - |
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Nominal's funding and investors
Nominal has raised a total funding of $182M over 4 rounds. Its first funding round was on Nov 21, 2022. Its latest funding round was a Series B round on Feb 13, 2026 for $80M. 5 investors participated in its latest round. Nominal has 12 institutional investors.
Here is the list of recent funding rounds of Nominal:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 13, 2026 | $80M | Series B | $1B | - | ||
Jun 12, 2025 | $75M | Series B | - | - | ||
Apr 22, 2024 | $20M | Series A | - | - |
View details of Nominal's funding rounds and investors
Nominal's founders and board of directors
Founder? Claim ProfileHere are the details of Nominal's key team members:
- Cameron McCord: Co-Founder & CEO of Nominal. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Bryce Strauss: Co-Founder of Nominal. They serve on the board of 1 company.Contact Info: 1 email address
Nominal's Board of Directors
Nominal's board has 8 active members. Alfred Lin, Brandon Reeves, Cameron McCord, Bryce Strauss, Bilal Zuberi, Paul Kwan, Jason Hoch and Alfredo Lin are independent board members.Here is the list of Nominal's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 2m | |
Independent board member | - | Current | 1y 2m | |
Independent board member | - | Current | 3y 9m | |
Independent board member | - | Current | 3y 9m | |
Independent board member | - | Current | 3y 9m | |
Independent board member | - | Current | 1y 2m | |
Independent board member | - | Current | 3y 9m | |
Independent board member | - | Current | 1y 2m |
View details of Nominal's Founder profiles and Board Members
Nominal's employee count trend
Nominal has 270 employees as of Sep 26. Here is Nominal's employee count trend over the years:
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Nominal's Competitors and alternates
Top competitors of Nominal include Yokogawa, Phaidra and Inductive Automation. Here is the list of Top 10 competitors of Nominal, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nominal 2017, Los Angeles (United States), Series B | Provider of a unified industrial data stack for hardware engineering | $182M | 63/100 | |
2nd | Provider of industrial automation, control, measurement, and information technology solutions | - | 63/100 | ||
3rd | Phaidra 2019, Seattle (United States), Series B | AI-powered control systems for industrial facilities | $92.5M | 58/100 | |
4th | Inductive Automation 2003, Folsom (United States), Unfunded | Industrial automation software solutions provider for SCADA, IIoT, MES, and more | - | - | 58/100 |
5th | HMS Networks 1988, Halmstad (Sweden), Acquired | Provider of industrial communication products for device connectivity and remote access | - | 53/100 | |
6th | Provider of an IoT-based industrial and energy automation platform | - | - | 49/100 | |
7th | Monitoring and control software provider | - | - | 46/100 | |
8th | ICONICS 1986, Foxborough (United States), Acquired | Automation software solutions for industrial, building, and digital transformation | - | 45/100 | |
9th | ![]() Revel 2025, San Francisco (United States), Series B | Developer of software platforms for hardware system control and testing | $180M | 44/100 | |
10th | Cyborg Systems 2010, Nashik (India), Unfunded | Provider of web-based software for machine monitoring and control | - | - | 41/100 |
Looking for more details on Nominal's competitors? Click here to see the top ones
Nominal's Investments and acquisitions
Nominal has acquired Fid Labs. Nominal has not made any investments as of now.Reports related to Nominal
Here is the latest report on Nominal's sector:
News related to Nominal
Media has covered Nominal for a total of 9 events in the last 1 year, 3 of them have been about company updates and 3 about partnerships.
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Nominal Partners with AeroVironment to Accelerate Test and Production Data for Mission-Critical HardwareGlobeNewswire•Sep 14, 2026•AeroVironment, Nominal
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Nominal Selected as Data Backbone for DARPA's CyPhER Forge ProgramGlobeNewswire•May 26, 2026•Nominal
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Nominal Acquires Fid Labs to Bring AI to Hardware Engineering LifecycleGlobeNewswire•Apr 30, 2026•Fid Labs, Nominal
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Nominal Awarded $53 Million IDIQ Contract to Support AccessibilityGlobeNewswire•Apr 14, 2026•Nominal, U.S. Air Force
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Mach Industries Selects Nominal to Run Test InfrastructureGlobeNewswire•Mar 24, 2026•Mach Industries, Nominal
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Founders Fund Leads $80 Million Bet on Manufacturing UnicornFinancial Post•Mar 05, 2026•Nominal, Founders Fund, Sequoia Capital, General Catalyst and 1 other
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HII and Nominal Team Up to Enhance Autonomous Unmanned ProductionGlobeNewswire•Mar 04, 2026•Nominal, HII
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Nominal Partners with Pratt Miller Motorsports for 2026 IMSA Racing SeasonGlobeNewswire•Jan 22, 2026•Nominal, Pratt & Miller
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Nominal Raises $75 Million Led by Sequoia Capital for Hardware TestingPR Newswire•Jun 12, 2025•Nominal, Sequoia Capital, Lightspeed Venture Partners, Lux Capital and 2 others
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