Andromeda
Unicorn Β· $1.5B9 known investors
Andromeda operates a marketplace connecting AI teams with GPU compute providers, enabling buyers to source distributed compute capacity at scale and sellers to monetize spare infrastructure through a standardized platform with automated benchmarking and unified contracting.
Also known as Andromeda (andromeda.ai) Β· Andromeda AI Inc. Β· Andromeda Cluster
Investors Β· 9
Also in the syndicate Β· 2
Funding
SEC filings, press & company announcements- Undisclosed amountSeries AMar 2026 Β· 2 sourcesSource β
- Undisclosed amountSeries ASep 2025
Forerunner Ventures (lead), Artesian, Main Sequence, Purpose Ventures, Rethink Impact, Startmate, Trampoline, Visible Ventures
Source β
Source: company announcements and press reports β follow each round's link for the claim.
Valuation Β· disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed β follow each entry's link for the claim.
Company profile
researched Aug 2026Andromeda AI Inc. operates a marketplace and brokerage for GPU compute, matching AI teams that need training and inference capacity with data centers, telecom and internet providers, cryptocurrency miners and cloud operators that hold unused GPUs. Buyers define a workload (GPU type, quantity, region, timeline); the platform sources, benchmarks and prices capacity across more than 100 providers in real time, then delivers it under standardized SLAs and contracts with a single invoice, one support channel and observability tooling. Suppliers onboard their infrastructure, pass an automated certification engine that validates performance against enterprise-grade benchmarks, and receive routed demand executed on standardized terms. [0][1][6]
The company positions itself as market infrastructure rather than a compute provider, describing an aspiration to build a liquidity layer for global AI compute and to enable commodity-style trading of GPU capacity analogous to oil or wheat futures. Before listing a provider, Andromeda verifies that GPUs and supporting equipment such as storage arrays meet performance and security requirements, and its engineers monitor infrastructure for reliability issues during training runs. It also publishes the Andromeda Pricing Index, which reports current going rates for different GPU types including region-specific variation, which customers can use in price negotiations. [5][6][7]
Andromeda began as the Andromeda Cluster, a managed GPU cluster set up by investors Nat Friedman and Daniel Gross to give early-stage startups access to scaled AI infrastructure, and has since spun out as an independent startup. It works with AI labs, data centers and cloud providers, routing training and inference jobs across global supply. [5][7]
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Competitors Β· 2
by search overlapCompanies competing with Andromeda for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 5
launches, deals, and filingsAndromeda announced new funding from crypto-focused VC firm Paradigm, described as the equivalent of a Series A, at a $1.5 billion valuation. The exact size of the round was not disclosed; the deal brings Paradigm's total investment in Andromeda to $60 million. Proceeds are earmarked for growing the customer base.
Andromeda offers a tool called the Andromeda Pricing Index providing data on current going rates for different GPUs, including region-specific price variations.
Andromeda, based in Miami, recently opened an office in San Francisco as it seeks to widen its customer base.
Andromeda was spun out as its own startup with backing from NFDG and Paradigm after Nat Friedman and Daniel Gross joined Meta and stepped back from NFDG.
On the Friday before Thanksgiving 2023, Daniel Gross called entrepreneur Wil Moushey and offered him the job of running the Andromeda Cluster project, then a four-person remote team; Moushey accepted.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Andromedaandromeda.ai Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Andromeda do?
- Andromeda runs a marketplace that sources, benchmarks and resells GPU compute from 100+ providers to AI teams.
- Who are Andromeda's investors?
- Andromeda's investors include Paradigm, Artesian, Forerunner Ventures, NFDG, Purpose Ventures, Rethink Impact, Startmate.
