About Phaidra
Phaidra is a company based in Seattle (United States) founded in 2019 by Vedavyas Panneershelvam, Katie Hoffman, and Jim Gao. It operates as a AI-as-a-Service. Phaidra has raised $92.5 million across 5 funding rounds from investors including Nvidia, University of Washington and Sony Innovation Fund. The company has 54 employees as of December 31, 2022. Phaidra offers products and services including Virtual Plant Operator. Phaidra operates in a competitive market with competitors including Yokogawa, Nominal, ICONICS, Inductive Automation and HMS Networks, among others.
- Headquarter Seattle, United States
- Employees 54 as on 31 Dec, 2022
- Founders Vedavyas Panneershelvam, Katie Hoffman, Jim Gao
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Phaidra, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$92.5 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series B
Oct 01, 2025
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Investors
Nvidia
& 14 more
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Employee Count
54
as on Dec 31, 2022
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Products & Services of Phaidra
Phaidra offers a comprehensive portfolio of products and services, including Virtual Plant Operator.
AI-driven controls are provided for industrial facilities optimization.
People of Phaidra
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Funding Insights of Phaidra
Phaidra has successfully raised a total of $92.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in October 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.
Investors in Phaidra
Phaidra has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Nvidia, University of Washington and Sony Innovation Fund.
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Investment in deep technology and science is facilitated.
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Investor details for Phaidra
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Investments & Acquisitions by Phaidra
Investment portfolio details for Phaidra
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Financial Statements - Phaidra
Detailed financials for Phaidra
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Phaidra Comparisons
Peer comparison for Phaidra
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Competitors of Phaidra
Phaidra 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, Nominal, ICONICS, Inductive Automation and HMS Networks, among others.
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Cloud-based industrial automation and process control solutions are offered.
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Hardware data is managed and monitored via an online platform.
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HMI/SCADA, Manufacturing Intelligence and Analytics solution
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Delivers HMI, SCADA, and MES software for industrial applications.
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Monitoring and controling solutions for field equipment and machinery
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Detailed competitors of Phaidra
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Latest news on Phaidra
Complete news archive for Phaidra
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Frequently Asked Questions about Phaidra
Phaidra was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Phaidra is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Jim Gao is the current CEO of Phaidra. They have also founded this company.
Phaidra is a funded company, having raised a total of $92.5M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Phaidra is 54.
Phaidra is engaged in providing artificial intelligence control systems for optimizing mission-critical facilities. Operations are enhanced through closed-loop AI services that improve plant stability, energy efficiency, and sustainability. Solutions are applied to industrial sectors, including data centers, with a focus on real-time optimization and continuous improvement. Integration with existing building automation systems is supported without requiring new hardware.
Phaidra offers Virtual Plant Operator.
Phaidra has 15 investors. Key investors include Nvidia, University of Washington, Sony Innovation Fund, Helena, and Index Ventures.