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Phaidra - About the company

Phaidra is a series B company based in Seattle (United States), founded in 2019 by Vedavyas Panneershelvam and Jim Gao. It operates as an AI-powered control systems for industrial facilities. Phaidra has raised $92.5M in funding from investors like Flying Fish Ventures, Index Ventures and Starshot Capital. The company has 270 active competitors, including 21 funded and 33 that have exited. Its top competitors include companies like NetApp, Inspur and Nominal.

Company Details

AI-powered control systems for industrial facilities. It is focusing on mission-critical operations like data centers, AI factories, pharmaceuticals, and energy plants.
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Email ID
*****@phaidra.ai
Key Metrics
Founded Year
2019
Location
Seattle, United States
Stage
Series B
Total Funding
$92.5M in 5 rounds
Latest Funding Round
Ranked
Employee Count
96 as on Jun 30, 2026
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Phaidra's funding and investors

Phaidra has raised a total funding of $92.5M over 5 rounds. Its first funding round was on May 28, 2020. Its latest funding round was a Series B round on Oct 01, 2025 for $*****. 5 investors participated in its latest round. Phaidra has 18 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Phaidra:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 01, 2025
9595976
Series B
7811122
4621176
6806012
8801103
Jul 02, 2024
6045937
Series A
1347250
9100546
1579770
6596089
Jul 15, 2022
2053257
Series A
6026651
1951605
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Phaidra's founders and board of directors

Founder? Claim Profile
The founders of Phaidra are Vedavyas Panneershelvam and Jim Gao. Jim Gao is the CEO of Phaidra.
Here are the details of Phaidra's key team members:

Phaidra's employee count trend

Phaidra has 96 employees as of Jun 26. Here is Phaidra's employee count trend over the years:
Employee count trend for Phaidra
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Phaidra's Competitors and alternates

Top competitors of Phaidra include NetApp, Inspur and Nominal. Here is the list of Top 10 competitors of Phaidra, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NetApp
NetApp
1992, San Jose (United States), Public
Provider of cloud based platform offering software for enterprise data management
-
70/100
2nd
Logo for Inspur
Inspur
1983, China, Public
Provider of cloud computing, data center, and enterprise software solutions
-
65/100
3rd
Logo for Nominal
Nominal
2017, Los Angeles (United States), Series B
Provider of a unified industrial data stack for hardware engineering
$182M
63/100
4th
Logo for Yokogawa
Yokogawa
1915, Tokyo (Japan), Public
Provider of industrial automation, control, measurement, and information technology solutions
-
63/100
5th
Logo for Inductive Automation
Inductive Automation
2003, Folsom (United States), Unfunded
Industrial automation software solutions provider for SCADA, IIoT, MES, and more
-
-
58/100
6th
Logo for Phaidra
Phaidra
2019, Seattle (United States), Series B
AI-powered control systems for industrial facilities
$92.5M
58/100
7th
Logo for HMS Networks
HMS Networks
1988, Halmstad (Sweden), Acquired
Provider of industrial communication products for device connectivity and remote access
-
53/100
8th
Logo for GoMining
GoMining
2017, Singapore (Singapore), Unfunded
Platform offering solutions for data center infrastructure maintenance
-
-
50/100
9th
Logo for COPA-DATA
COPA-DATA
1987, Salzburg (Austria), Unfunded
Provider of an IoT-based industrial and energy automation platform
-
-
49/100
10th
Logo for Speedata
Speedata
2019, Netanya (Israel), Series B
Provider of a platform offering analytics processing solutions
$114M
49/100
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Phaidra's Investments and acquisitions

Phaidra has made no investments or acquisitions yet.

Reports related to Phaidra

Here is the latest report on Phaidra's sector:

News related to Phaidra

Media has covered Phaidra for a total of 4 events in the last 1 year, 1 of them has been about partnerships.
Nscale Secures $433M Funding Days After $1.1B RoundStartup Rise EUOct 02, 2025OpenAI, Microsoft, Nvidia, Nscale and 8 others
Seattle AI startup Phaidra raises $25M Series AThe Business JournalsJul 19, 2022Phaidra, Alphabet, DeepMind, Starshot Capital and 5 others
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