About Nominal
Nominal is a company based in United States founded in 2017 by Cameron McCord and Jason Hoch. It operates as a SaaS (Software-as-a-Service), and Managed Services. Nominal has raised $102.5 million across 3 funding rounds from investors including Lightspeed Venture Partners, Overmatch and Lux Capital. Nominal offers products and services including Nominal Core and Nominal Connect. Nominal operates in a competitive market with competitors including Yokogawa, Phaidra, Inductive Automation, ICONICS and HMS Networks, among others.
- Headquarter United States
- Founders Cameron McCord, Jason Hoch
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Nominal, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$102.5 M (USD)
in 3 rounds
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Latest Funding Round
$75 M (USD), Series B
Jun 12, 2025
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Investors
Lightspeed Venture Partners
& 9 more
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Employee Count
Employee Count
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Products & Services of Nominal
Nominal offers a comprehensive portfolio of products and services, including Nominal Core and Nominal Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hardware data is managed, monitored, and analyzed collaboratively.
Edge processing and automation are enabled for hardware testing.
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Funding Insights of Nominal
Nominal has successfully raised a total of $102.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $75 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $75.0M
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First Round
First Round
(21 Nov 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Nominal | Valuation | Sequoia Capital | |
| Apr, 2024 | Amount | Series A - Nominal | Valuation | General Catalyst | |
| Nov, 2022 | Amount | Seed - Nominal | Valuation | Lux Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nominal
Nominal has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Overmatch and Lux Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nominal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nominal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nominal Comparisons
Competitors of Nominal
Nominal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yokogawa, Phaidra, Inductive Automation, ICONICS and HMS Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based industrial automation and process control solutions are offered.
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| domain | founded_year | HQ Location |
AI-driven control systems for industrial facility optimization are provided.
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| domain | founded_year | HQ Location |
Delivers HMI, SCADA, and MES software for industrial applications.
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| domain | founded_year | HQ Location |
HMI/SCADA, Manufacturing Intelligence and Analytics solution
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| domain | founded_year | HQ Location |
Monitoring and controling solutions for field equipment and machinery
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nominal
When was Nominal founded?
Nominal was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Nominal located?
Nominal is headquartered in United States.
Who is the current CEO of Nominal?
Cameron McCord is the current CEO of Nominal. They have also founded this company.
Is Nominal a funded company?
Nominal is a funded company, having raised a total of $102.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Nov 21, 2022.
What does Nominal do?
Nominal is engaged in delivering a unified industrial data stack for mission-critical engineering work. Solutions are provided across sectors like aerospace, energy, automotive, and defense. The platform integrates automation, analytics, and operations for hardware testing and validation. Pre-built templates and optimized workflows are offered to support flight testing, test stand operations, embedded software testing, and space operations. Data management and edge processing capabilities are included to ensure resilience and reliability in complex systems.
Who are the top competitors of Nominal?
What products or services does Nominal offer?
Nominal offers Nominal Core and Nominal Connect.
Who are Nominal's investors?
Nominal has 10 investors. Key investors include Lightspeed Venture Partners, Overmatch, Lux Capital, Founders Fund, and General Catalyst.
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