Nominal

Nominal

SaaS platform for hardware data monitoring

Overview

Nominal.io provides a software-as-a-service platform for engineering teams to explore, monitor, and enrich data from complex hardware systems. The secure platform consolidates data from multiple sources, enabling engineers to manage and analyze information to ensure hardware performs reliably. The product is accessed via a subscription model, with ongoing features and updates and closer collaboration with a select group of customers to tailor the platform to high-demand, mission-critical industries. Nominal.io is positioned to help aerospace, defense, energy, and telecommunications teams test and deploy hardware up to ten times faster than traditional methods by offering a centralized, secure data environment. The company’s goal is to accelerate hardware deployment, improve system resilience, and enhance performance of critical hardware through a dedicated SaaS platform and partnerships with key customers.

About Nominal

Simplify's Rating
Why Nominal is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Hardware

Industrial & Manufacturing

Enterprise Software

Company Size

201-500

Company Stage

Series B

Total Funding

$182.5M

Headquarters

Austin, Texas

Founded

2022

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Simplify's Take

What believers are saying

  • March 2026 $80 million round at $1 billion funds expansion and acquisitions.
  • HII, Mach Industries, and Forterra partnerships broaden Nominal beyond primes into autonomy.
  • Seattle office opens in 2026, targeting aerospace talent and cross-functional hiring.

What critics are saying

  • Defense revenue concentration ties Nominal to Pentagon budgets, export controls, and procurement delays.
  • Palantir, Siemens, and custom internal tools attack Nominal's integration layer inside customer programs.
  • If a major prime standardizes on in-house software, Nominal loses expansion leverage quickly.

What makes Nominal unique

  • Four of five largest U.S. defense contractors run Nominal, validating mission-critical credibility.
  • Nominal unifies simulation, HIL, flight, and production data into one traceable workflow.
  • Fid Labs acquisition on April 30, 2026 adds AI agents across hardware lifecycle.

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Funding

Total Funding

$182.5M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$80M
Nominal
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Professional Development Budget

Quarterly company retreats

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

2%

2 year growth

7%
GeekWire
Jul 29th, 2026
Seattle lands another $1B startup: Here's the latest arrival in the industrial AI boom.

Seattle lands another $1B startup: Here's the latest arrival in the industrial AI boom. by John Cook on Jul 29, 2026 at 9:10 am Seattle's emergence as a hub for companies building the next generation of industrial technology is drawing another high-profile startup. Los Angeles-based Nominal, whose software helps engineers build, test and validate complex hardware systems, is establishing a permanent Seattle office as it ramps up hiring and looks for a larger home in the region. The nearly 4-year-old company currently employs 11 people at a downtown Seattle co-working space, and expects to more than double that number by the end of the year. The company is also relocating Head of Product Stephen Slattery, the former director of technical operations at defense tech giant Anduril Industries, from Los Angeles to Seattle to oversee the new office. Employing about 200 employees globally, Nominal also operates offices in Austin, New York, Washington, D.C., and London. Seattle's concentration of tech and aerospace talent, along with proximity to key partners and customers, attracted the fast-growing company. Nominal CEO Cameron McCord said Seattle is one of only a handful of U.S. markets with a deep concentration of engineers experienced in solving large-scale infrastructure and reliability problems. Seattle's aerospace heritage also appealed to the company. "Some of the magic of Nominal is putting them in one room," McCord told GeekWire. The company boasts 75 customers, about half of which are in the defense sector. It also sells its software to companies in the energy, robotics and automotive arenas. The Seattle expansion comes just months after Nominal raised an $80 million venture capital round led by Founders Fund at a $1 billion valuation, part of a growing trend of companies serving industries where artificial intelligence is accelerating innovation in the physical world. "Nominal exists to help these engineering teams rethink their data supply chain: the end-to-end flow from instrumentation through acquisition, storage, analysis, reporting, and into the decisions that shape the next design," the company wrote in the funding announcement. Seattle has increasingly become a landing spot for companies operating at the intersection of AI and the physical world, while some of the region's fastest-growing homegrown startups - including Overland AI, Carbon Robotics, Brinc and Stoke Space - are helping define the category. In recent months, defense tech company Anduril has expanded its operations in the Seattle area. AI infrastructure startup Armada - which like Nominal is backed by Founders Fund - and AI giants Anthropic and OpenAI also have opened new offices or expanded engineering centers in the region. Nominal's McCord, a former U.S. Navy submarine officer and nuclear engineer who previously worked at Anduril, said conversations with former colleagues, including Anduril co-founder and COO Matt Grimm, helped reinforce Seattle's appeal. "I've been able to get a lot of advice and thoughts from him on what it looks like to properly enter the Seattle market," said McCord. "Everything from him is incredibly positive on the talent and density." While Nominal has gained traction among defense contractors - McCord said four of the five traditional U.S. defense companies use its software - he said the company increasingly sees opportunities across a number of industries. The energy sector - including nuclear, fusion and batteries - as well as AI data center infrastructure are growing areas of interest for the young company. The Seattle office will be more than an engineering outpost. McCord said Seattle will become a full cross-functional location, with engineering, sales, customer success, design and other teams represented as it grows. The company expects the Seattle office to reach roughly 20 to 25 employees by the end of this year and could double again to 40 or 50 employees by the end of 2027. It is currently looking for a permanent office space, likely targeting downtown Seattle. McCord said the Seattle office will play a key role in Nominal's growth as it looks to reimagine the unique challenges that industrial companies face in building hardware systems for this new era. "There's a huge market opportunity as the world reindustrializes," he said. See this interview with McCord by General Catalyst's Paul Kwan for more on the company:

Sequoia Capital
May 21st, 2026
Former Navy officer's startup Nominal helps Hermeus test hypersonic plane in hours instead of months

Nominal, a hardware testing platform co-founded by former Navy officer Cameron McCord, has raised funding from Lux Capital to streamline hardware development testing. The company emerged from McCord's frustration with outdated testing tools whilst working at Anduril. The platform proved its worth when Hermeus, a hypersonic aircraft company, used Nominal to complete data review in minutes rather than weeks during a critical flight test at Edwards Air Force Base in May 2025. The compressed timeline allowed Hermeus to conduct both taxi and liftoff tests within two hours. McCord, who spent five years on the submarine USS Helena before serving as a Navy liaison to Congress, co-founded Nominal with Bryce Strauss and Jason Hoch after graduating from Harvard Business School. The company aims to accelerate hardware development across aerospace, automotive and robotics sectors.

Pulse 2.0
Apr 30th, 2026
Nominal Acquires Fid Labs To Bring AI Agents To The Full Hardware Engineering Lifecycle

Nominal, the hardware data infrastructure platform serving defense, aerospace, and advanced manufacturing engineering teams, has acquired Fid Labs, a startup that built AI agents for robotics and hardware workflows. Adam Wolnikowski, founder of Fid Labs, joins Nominal as AI Product Lead. Financial terms were not disclosed.

GlobeNewswire
Apr 30th, 2026
Nominal acquires Fid Labs to embed AI across hardware engineering lifecycle

Nominal, a hardware data infrastructure platform valued above $1 billion, has acquired Fid Labs, a startup building AI agents for robotics and hardware workflows. Financial terms were not disclosed. Fid Labs founder Adam Wolnikowski joins Nominal as AI Product Lead. The acquisition follows Nominal's $80 million Series B-2 round led by Founders Fund in March, which CEO Cameron McCord said would fund strategic acquisitions. Fid Labs is the first. Wolnikowski will lead AI strategy and development, starting with an AI Analyst tool that performs deep analysis across complex datasets. Nominal's platform serves engineering teams in defence, aerospace and advanced manufacturing, including four of the five largest US defence contractors. The company grew annual recurring revenue sevenfold in 2025 and now employs over 150 people across Los Angeles, Austin, New York, Washington DC and London.

Fenwick & West
Apr 30th, 2026
Fenwick represents Nominal in acquisition of Fid Labs.

Fenwick represents Nominal in acquisition of Fid Labs. Fenwick represented Nominal, a hardware data infrastructure platform that powers engineering teams across defense, aerospace, and advanced manufacturing, in its acquisition of Fid Labs, a startup that built AI agents for robotics and hardware workflows. Nominal's first strategic acquisition brings AI-native hardware agents to the platform, with Fid Labs founder Adam Wolnikowski joining Nominal as AI Product Lead. More information can be obtained from Nominal's announcement. The Fenwick transaction team included corporate partners Patrick Grilli and Stephen Fisher and associates Jared Leung and Connor Haney.

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