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Nominal - About the company

Nominal is a series B company based in Los Angeles (United States), founded in 2017 by Bryce Strauss and Cameron McCord. 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 163 active competitors, including 8 funded and 20 that have exited. Its top competitors include companies like Yokogawa, Inductive Automation and Phaidra.

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
Ranked
Employee Count
244 as on Jun 30, 2026
Investment & Acquisitions
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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:lockFilter this list
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
-
-
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Nominal's founders and board of directors

Founder? Claim Profile
The founders of Nominal are Bryce Strauss and Cameron McCord. Cameron McCord is the CEO of Nominal.
Here are the details of Nominal's key team members:

Nominal's Board of Directors

Nominal's board has 8 active members. Alfred Lin, Brandon Reeves, Jason Hoch, Bryce Strauss, Cameron McCord, Bilal Zuberi, Paul Kwan 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 0m
Independent board member
-
Current
1y 0m
Independent board member
-
Current
3y 7m
Independent board member
-
Current
3y 7m
Independent board member
-
Current
3y 7m
Independent board member
-
Current
3y 7m
Independent board member
-
Current
1y 0m
Independent board member
-
Current
1y 0m

Nominal's employee count trend

Nominal has 244 employees as of Jun 26. Here is Nominal's employee count trend over the years:
Employee count trend for Nominal
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Nominal's Competitors and alternates

Top competitors of Nominal include Yokogawa, Inductive Automation and Phaidra. Here is the list of Top 10 competitors of Nominal, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Yokogawa
Yokogawa
1915, Tokyo (Japan), Public
Provider of industrial automation, control, measurement, and information technology solutions
-
67/100
2nd
Logo for Nominal
Nominal
2017, Los Angeles (United States), Series B
Provider of a unified industrial data stack for hardware engineering
$182M
63/100
3rd
Logo for Inductive Automation
Inductive Automation
2003, Folsom (United States), Unfunded
Industrial automation software solutions provider for SCADA, IIoT, MES, and more
-
-
59/100
4th
Logo for Phaidra
Phaidra
2019, Seattle (United States), Series B
AI-powered control systems for industrial facilities
$92.5M
58/100
5th
Logo for HMS Networks
HMS Networks
1988, Halmstad (Sweden), Acquired
Provider of industrial communication products for device connectivity and remote access
-
53/100
6th
Logo for COPA-DATA
COPA-DATA
1987, Salzburg (Austria), Unfunded
Provider of an IoT-based industrial and energy automation platform
-
-
49/100
7th
Logo for Remsdaq
Remsdaq
1974, Deeside (United Kingdom), Acquired
Manufacturer of a suite of physical security systems
-
-
47/100
8th
Logo for VTScada
VTScada
1986, Bedford (Canada), Acquired
Monitoring and control software provider
-
-
46/100
9th
Logo for ICONICS
ICONICS
1986, Foxborough (United States), Acquired
Automation software solutions for industrial, building, and digital transformation
-
45/100
10th
Logo for Cyborg Systems
Cyborg Systems
2010, Nashik (India), Unfunded
Provider of web-based software for machine monitoring and control
-
-
41/100
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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

lockFilter this list
Media has covered Nominal for a total of 8 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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