Nominal - About the company
Nominal is a series B company based in Los Angeles (United States), founded in 2017 by Jason Hoch 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, General Catalyst and Lux Capital, with a current valuation of $1B. The company has 117 active competitors, including 6 funded and 17 that have exited. Its top competitors include companies like Yokogawa, Phaidra and ICONICS.
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
2nd among 117 active competitors
Employee Count
51 - 200 as on Jul 17, 2025
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 11 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 | - | - | ||
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:
- Jason Hoch: Co-Founder of Nominal. They serve on the board of 1 company.
- Cameron McCord: Co-Founder & CEO of Nominal. They serve on the board of 1 company.
Nominal's Board of Directors
Nominal's board has 8 active members. Alfred Lin, Brandon Reeves, Jason Hoch, Cameron McCord, Bilal Zuberi, Paul Kwan, Alfredo Lin and Bryce Strauss are independent board members.Here is the list of Nominal's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 0y 8m | |
pwsauqn | Independent board member | - | Current | 1y 2m |
vseffgd | Independent board member | - | Current | 3y 3m |
xpbaxwp | Independent board member | - | Current | 2y 8m |
uihwuy{ | Independent board member | - | Current | 9y 5m |
pouheqp | Independent board member | - | Current | 9y 4m |
ocxpehg | Independent board member | - | Current | 1y 3m |
{fikmdx | Independent board member | - | Current | 7y 9m |
View details of Nominal's Founder profiles and Board Members
Nominal's employee count trend
Nominal has 51 - 200 employees as of Jul 25. 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 ICONICS. 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 | Provider of industrial automation, control systems, sensing and digital transformation solutions | - | 65/100 | ||
2nd | Nominal 2017, Los Angeles (United States), Series B | Provider of a unified industrial data stack for hardware engineering | $182M | 61/100 | |
3rd | Phaidra 2019, Seattle (United States), Series B | AI-powered control systems for industrial facilities | $92.5M | 58/100 | |
4th | ICONICS 1986, Foxborough (United States), Acquired | Automation software solutions for industrial, building, and digital transformation | - | 56/100 | |
5th | Inductive Automation 2003, Folsom (United States), Unfunded | Industrial automation software solutions provider for SCADA, IIoT, MES, and more | - | - | 56/100 |
6th | Provider of an IoT-based industrial and energy automation platform | - | - | 47/100 | |
7th | Remsdaq 1974, Deeside (United Kingdom), Acquired | Manufacturer of a suite of physical security systems | - | - | 46/100 |
8th | HMS Networks 1988, Halmstad (Sweden), Acquired | Provider of industrial communication products for device connectivity and remote access | - | 42/100 | |
9th | InduSoft 1997, Austin (United States), Acquired | Industrial software solutions for engineering, operations, data management, and digital transformation | - | - | 42/100 |
10th | Provider of AI interfaced data acquisition technology for production processes analytics | $1.67M | 40/100 |
Looking for more details on Nominal's competitors? Click here to see the top ones
Nominal's Investments and acquisitions
Nominal has made no investments or acquisitions yet.
News related to Nominal
Media has covered Nominal for a total of 7 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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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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Nominal Awarded U.S. Air Force STTR Phase 2 Contract to Support Flight Test EducationBusiness Wire•Dec 19, 2024•Nominal, Air Force, AFWERX, Firestorm
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Nominal Awarded U.S. Air Force STTR Phase 2 Contract to Support Flight Test EducationBusiness Wire•Dec 19, 2024•Nominal
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Nominal Awarded U.S. Air Force SBIR Phase 2 Contract to Enhance Hypersonic Systems DevelopmentBusiness Wire•Nov 25, 2024•Nominal, AFWERX, U.S. Air Force
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