When was Phaidra founded?

Phaidra was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Phaidra located?

Phaidra is headquartered in Seattle, United States.

Who is the current CEO of Phaidra?

Jim Gao of Phaidra. They have also founded 1 company.

How many employees does Phaidra have?

As of Sep 30, 2026, the latest employee count at Phaidra is 96.

Is Phaidra a funded company?

Phaidra is a funded company, having raised a total of $92.5M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 28, 2020.

When was the latest funding round of Phaidra?

Phaidra's latest funding was a $***** Series B round on Oct 01, 2025, with participation from 5 investors.

Where does Phaidra rank among its competitors?

Phaidra ranks 4th amongst 344 active competitors, of which 24 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Revel, which secured $150M in Feb, 2026.

Who are the top competitors of Phaidra?

Phaidra's top competitors include NetApp, Inspur and Nominal. Among them, Revel secured the most recent funding round in February, 2026.

Phaidra - 2026 Company Profile, Team, Funding & Competitors

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 344 active competitors, including 24 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.

Website: www.phaidra.ai/
Social
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

Series B, Oct 01, 2025, $*****

Investors

Flying Fish Ventures & 19 more

Ranked

4^th among 344 active competitors

Employee Count

96 as on Sep 30, 2026

Similar Companies

Tamr & 5169 more

View Phaidra's full profile

Phaidra is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PHAIDRA INC CIN: 32077780933 , United States, Deadpooled	Feb 10, 2021	-	-	-
PHAIDRA INC CIN: 843751092 , United States, Active	Dec 31, 1999	-	42 (As on Dec 31, 2024)	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 01, 2025	9125206	Series B	1423238	3377503	3978563	9453605
Jul 02, 2024	5265637	Series A	8125419	1312813	7796458	3052388
Jul 15, 2022	8702093	Series A	2462161	5770370	Starshot Capital	Ahren & 5 more

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View details of Phaidra's funding rounds and investors

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:

Vedavyas Panneershelvam: Co-Founder of Phaidra.
Contact Info: 1 email address
Jim Gao: Co-Founder & CEO of Phaidra.
Contact Info: 1 email address

View details of Phaidra's Founder profiles and Board Members

Phaidra's employee count trend

Phaidra has 96 employees as of Sep 26. Here is Phaidra's employee count trend over the years:

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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	NetApp 1992, San Jose (United States), Public	Provider of cloud based platform offering software for enterprise data management	-	Greenleaf Trust, TA Associates & 5 others	70/100
2nd	Inspur 1983, China, Public	Provider of cloud computing, data center, and enterprise software solutions	-	gf.fund, Xinding Capital & 8 others	65/100
3rd	Nominal 2017, Los Angeles (United States), Series B	Provider of a unified industrial data stack for hardware engineering	$182M	Founders Fund, Lux Capital & 11 others	63/100
4th	Phaidra 2019, Seattle (United States), Series B	AI-powered control systems for industrial facilities	$92.5M	Collab Fund, NJF Capital & 18 others	60/100
5th	Inductive Automation 2003, Folsom (United States), Unfunded	Industrial automation software solutions provider for SCADA, IIoT, MES, and more	-	-	58/100
6th	HMS Networks 1988, Halmstad (Sweden), Acquired	Provider of industrial communication products for device connectivity and remote access	-	Latour, Edastra Venture Capital & 1 others	53/100
7th	Revel 2025, San Francisco (United States), Series B	Developer of software platforms for hardware system control and testing	$180M	Felicis Ventures, Thrive Capital & 8 others	51/100
8th	GoMining 2017, Singapore (Singapore), Unfunded	Platform offering solutions for data center infrastructure maintenance	-	-	50/100
9th	COPA-DATA 1987, Salzburg (Austria), Unfunded	Provider of an IoT-based industrial and energy automation platform	-	-	49/100
10th	Speedata 2019, Netanya (Israel), Series B	Provider of a platform offering analytics processing solutions	$114M	Walden Catalyst, 83NORTH & 7 others	49/100