Fundraising Fox

Nominal

also invests · investor profileUnicorn · $1B

New York, US · Founded 2020 · Delaware corporation · 44 known investors

Find your way into Nominal

3,522 people in our graph share verified history with the Nominal team — schools, employers, funds. One of them is your warm intro.

Alex Tranunlockedknows Samuel Harrison · together at Morgan Stanley (overlapped)
×6knows the team · via Morgan Stanley
×5knows the team · via University of Cambridge

Faction is a venture capital firm that invests in cryptocurrency and blockchain projects at the seed and series A stages, focusing on entrepreneurs building fundamental utility across the technology stack.

Also known as Nominal Inc. · nominal.io

Founders & leadership

Nominal was founded in 2020 by Oren Harnevo, Ronald Bianchini, Jr., Roneil Rumburg, Ohad Finkelstein, and SAMUEL HARRISON.

OH
Oren HarnevoCo-founder
RB
Ronald Bianchini, Jr.Co-founder
RR
Roneil RumburgCofounder30 Under 30 2022
OF
Ohad FinkelsteinCo-founder
SHSAMUEL HARRISON
SAMUEL HARRISONin𝕏Managing PartnerHarrison founded Faction VC in 2021 after leading Blockchain.com's venture arm as managing partner, where he also served on the board of Wintermute. He began his investing career at Prosus Ventures, rising from senior analyst to principal, and has advised Lightspeed Venture Partners.
CC
Christina CalvanesoExecutive
BP
Brian PozeskyExecutive
JF
Jeff FagelExecutive
SS
SAMANTHA SINGERExecutive
SL
SANDY LAZZARIExecutive
SS
STEPHEN SOFENExecutive
JT
JOHN TRZUPEKExecutive

Investors · 44

AccelPalo Alto · $1.6M – $70M
AdaverseHong Kong
AlephTel Aviv · $2.5M – $100M
Axeleo CapitalParis · $108K – $1.6M
Bluebird VenturesPalo Altovia Jeffrey Bird · inferred
Bright Pixel CapitalLisbon
CapitalGSan Francisco · $50M – $100M
Centerview Capital TechnologyPalo Alto
Collab+CurrencyEugenevia Stephen Bryon McKeon · inferred
Dell Technologies CapitalPalo Alto · $500K – $50M
Draft Ventures LlcSan Francisco
Elevation CapitalGurugram · $1.5M – $37M
Firebolt Ventures Management Company, LlcPalo Alto
General CatalystSan Francisco · $30M
Geodesic CapitalFoster City
Harpoon VenturesSan Diego · $100K – $5M
Index VenturesSan Francisco · $540K – $10.8M
Justin “3LAU” Blau
Kleiner PerkinsMenlo Park · $500K – $15M
LaunchBay CapitalLondon
Lightspeed Venture PartnersMenlo Park · $1.7M – $87M
Mighty CapitalSan Francisco
Norwest Venture PartnersMenlo Park · $10M – $30M
Pantera CapitalSan Francisco · $5M – $100M
PeakAmsterdam · $275K – $4.4M
Peterson VenturesSalt Lake City · $250K – $2.5M
Qualcomm VenturesSan Diego · $5M
Sapphire VenturesMenlo Park · $5M – $20M
Script CapitalSan Francisco · $250K – $500K
Standard Crypto
StripesNew York
Tenaya CapitalPalo Alto · $5M – $10M
Together FundBangalore · $1M – $10M
Valkyrie Ventures Management, LlcPark City
Vesey VenturesWestport
Z47Coral Springs · $1.2M – $40M
Ascenta CapitalreportedWilmington
Hidden Variable CorereportedNew York
Menlo VenturesreportedSan Francisco · $1M – $20Mvia John Jarve · board
Prima MateriareportedHelsingborg
Ring CapitalreportedParis · $540K – $16.2M
Third Rock VenturesreportedBoston · $100K – $5Mvia Abbie Celniker · board

Also in the syndicate · 2

LightspeedRed Glass

Funding

SEC filings, press & company announcements

$211M disclosed across 10 of 13 rounds · 2012–2026

$15.3MraisedDec 2023 · 8 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • SAMANTHA SINGERExecutive Officer, Director
  • LEONARD DRAGONEExecutive Officer
  • VALERIE ODEGARDDirector
  • STEPHEN SOFENExecutive Officer
  • SANDY LAZZARIExecutive Officer
  • SHELLEY CHUDirector
  • NAGESH MAHANTHAPPADirector
  • JOHN TRZUPEKExecutive Officer
  • ABBIE CELNIKERDirector
  • MITCH FINERDirector
  • DAVID KAUFMANDirector
  • LORENCE KIMDirector
  • ELLEN CAHIR-MCFARLANDExecutive Officer
Amount sold
$15.3M
First sale
Dec 2023
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$45MraisedJun 2022 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • SAMANTHA SINGERExecutive Officer, Director
  • ABBIE CELNIKERDirector
  • MITCH FINERDirector
  • NAGESH MAHANTHAPPADirector
  • LORENCE KIMDirector
  • SANDY LAZZARIExecutive Officer
  • SHELLEY CHUDirector
  • STEPHEN SOFENExecutive Officer
  • VALERIE ODEGARDDirector
  • JOHN TRZUPEKExecutive Officer
Offering amount
$95M
Amount sold
$45M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$21.9MraisedDec 2021 · 41 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul MurphyDirector
  • Yang MouExecutive Officer, Director
  • Brett MartinExecutive Officer, Director
Offering amount
$24.3M
Amount sold
$21.9M
First sale
Nov 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedDec 2020 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brett MartinExecutive Officer, Director
  • Yang MouExecutive Officer, Director
Offering amount
$3M
Amount sold
$2.5M
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.6MraisedJun 2018 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dominic EndicottDirector
  • Erez ShacharDirector
  • Richard ScanlonDirector
  • Oren HarnevoExecutive Officer, Director
  • James BerikerDirector
  • Menashe EzraDirector
  • David KahaneDirector
Offering amount
$19.4M
Amount sold
$11.6M
First sale
Jun 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$14MraisedMar 2017 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul BrianDirector
  • Ronald Bianchini, Jr.Executive Officer, Director
  • John DeanDirector
  • Bill ChambersDirector
  • John W. JarveDirector
  • Matthew D. HowardDirector
Offering amount
$14M
Amount sold
$14M
First sale
Mar 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$21.5MraisedJun 2016 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gal BarneaExecutive Officer
  • Christina CalvanesoExecutive Officer
  • Brian PozeskyExecutive Officer
  • Menashe EzraDirector
  • Erez ShacharDirector
  • Tal RiesenfeldDirector
  • Richard ScanlonDirector
  • Oren HarnevoExecutive Officer, Director
  • Jeff FagelExecutive Officer
  • Gabi PelesExecutive Officer
  • David KahaneDirector
  • James BerikerDirector
  • Jason BaadsgaardExecutive Officer
  • Ohad FinkelsteinDirector
Offering amount
$38.8M
Amount sold
$21.5M
First sale
Jun 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$16.1MraisedDec 2014 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dominic EndicottDirector
  • Brian PozeskyExecutive Officer
  • Ohad FinkelsteinDirector
  • Christina CalvanesoExecutive Officer
  • Gabi PelesExecutive Officer
  • Tal RiesenfeldDirector
  • Menashe EzraDirector
  • James BerikerDirector
  • Oren HarnevoExecutive Officer, Director
  • Gal BarneaExecutive Officer
  • Richard ScanlonDirector
Offering amount
$16.1M
Amount sold
$16.1M
Proceeds to insiders
$1.1M
First sale
Nov 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series B extension (Series B-2)Mar 2026
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Nominal Inc. develops software for engineering teams that test and operate complex physical systems. Its platform addresses what the company calls the "data supply chain": the flow from instrumentation and data acquisition through storage, analysis, reporting and design decisions. The product captures high-rate test data, structures it so it is searchable and governable, and automates the workflows built around it, with the stated aim of making accumulated engineering judgment usable by AI tooling.

The company ships two applications. Nominal Core ingests and prepares test telemetry — organizing data from hundreds of sources into a consistent format and removing errors — then surfaces trends in dashboards, for example detecting a rise in a component's average operating temperature after a design change. Nominal Connect lets engineers assemble custom visualizations from packaged interface elements such as buttons and charts, and can also be used to control physical systems under test, for instance disabling an actuator on a robotic arm to observe failure behavior. Reported use cases include rocket engine firings streamed in real time, satellite qualification in thermal vacuum chambers, and acceptance testing of hardware destined for submarines, fighter jets and power plants; the software is used in the development of satellites, aircraft and autonomous vehicles.

Nominal began in aerospace and defense, positioned as infrastructure for the defense industry, and states it intends to extend into automotive, energy, manufacturing and robotics. Growth is also expected to come from acquisitions of companies with complementary technology and teams in the United States and Europe.

Founding story

Co-founder and CEO Cameron McCord is a former U.S. Navy submarine officer and an alumnus of defense technology company Anduril. The founders have said they started in aerospace and defense because they experienced the associated testing and data problems firsthand in their own careers. The company's investor letter is signed by Cameron, Bryce and Jason; Nasdaq Private Market lists Bryce Strauss and Jason Hoch as co-founders alongside McCord.

Business model

Nominal sells enterprise software to organizations that develop and validate hardware, with adoption reported to spread program by program inside customer engineering organizations. Capital is being deployed toward further product development, international expansion and acquisitions.

Traction

Revenue grew sevenfold in the year leading up to the March 2026 round, though absolute figures were not disclosed. The installed base spans thousands of engineers at more than 60 organizations, including four of the five largest defense contractors. Headcount more than tripled to 135 in the ten months following the Series B.

Latest developments

On March 5, 2026, Nominal announced an $80 million Series B extension at a $1 billion valuation led by Founders Fund, with Sequoia Capital, General Catalyst, Lux Capital, Red Glass and Lightspeed participating. Founders Fund partner and Anduril co-founder Trae Stephens led the deal, described as preemptive. The company said proceeds will fund faster product development, international expansion beyond its London office, acquisitions in the U.S. and Europe, and a push into automotive, robotics and other industrial categories.

Full profile — market position, technology, go-to-market, geography, history

Market position

Nominal positions itself as infrastructure for serious hardware programs, contrasting its platform with legacy engineering tools and lightweight software-industry dashboards. It reports that four of the world's five largest defense contractors run on Nominal.

Technology

Nominal Core automates preparation of high-rate test telemetry, processing data from hundreds of sources concurrently, and performs trend detection with dashboard visualization. Nominal Connect provides packaged UI components for custom dashboards and supports command and control of instrumented systems during tests. The company emphasizes real-time observability, collaborative workflows and automation for mission-critical system validation and deployment.

Go-to-market

The company reports that engineering teams adopt the platform on one program and then extend it to subsequent programs, and it has focused initially on defense primes and aerospace organizations before broadening into other industrial sectors.

Hardware engineering teams in aerospace and defense, and increasingly automotive, energy, manufacturing and robotics. Named customers include Anduril, Pratt Miller Motorsports (the Corvette Racing Team) and nuclear energy company Antares.

Geography

Headquartered in Los Angeles according to March 2026 coverage, with a team distributed across Austin, New York, Los Angeles, Washington, D.C., and London; Nasdaq Private Market lists Austin, Texas as headquarters. The London office is the company's current international presence, which it plans to expand.

History

Nominal was founded in 2022, according to Nasdaq Private Market data, and TechCrunch described it in March 2026 as three and a half years old. It operated in stealth for roughly two years before Bloomberg reported in April 2024 that it had raised more than $27 million. A Series B led by Sequoia closed in September 2025, followed ten months after that round's process by an $80 million Series B extension (Series B-2) led by Founders Fund at a $1 billion valuation announced in March 2026.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Capital raised in prior 10 monthsMar 2026$155M
Customer organizationsMar 202660 organizations
EmployeesMar 2026135 people
Largest defense contractors as customersMar 2026four of the five largest defense contractors in the world
Post-money valuationMar 2026$1B
Total capital raised (reported)Apr 2024$27M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
Lightspeed Venture Partners5 shared keywordsDialogue AI builds an AI-native market research platform that automates study design, participant recruitment, AI-moderated multilingual interviews across text, audio and video, and real-time synthesis, shortening research timelines from weeks to a day or two. It serves enterprises running ad copy testing, usability testing, concept testing, and post-purchase feedback, targeting the market research industry.
Blockworks4 shared keywordsBlockworks operates a platform for onchain capital markets, connecting investors and businesses and providing data, research, and information to help investors underwrite crypto assets. It also produces market and crypto research and media content such as its "The Breakdown" series.
CryptoRank3 shared keywordsCryptorank is a data platform that tracks and publishes information on cryptocurrency funding rounds, project valuations, and investment activity. It aggregates and verifies funding data from public sources for the crypto market.
Ramp3 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
p0 LSIP Investment3 shared keywordsOYO runs a global technology-enabled network of budget hotels and homes, connecting travelers with affordable accommodations.
Superscout3 shared keywordsSuperscout operates a network platform connecting investors with pre-screened early-stage startups through a distributed scout network, offering access to deal-flow across diverse geographies and demographics without upfront fees. The service uses a carry-share compensation model aligned with investor returns.

Companies competing with Nominal for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Mar 2026
Plans to expand internationally and beyond defense into industrial sectors

The company said it would use the new capital to grow its international presence, which currently consists of a London office, pursue acquisitions in the United States and Europe, and extend the platform into automotive, energy, manufacturing and robotics.

source ↗

Mar 2026
$80M Series B extension at $1B valuation led by Founders Fund

Nominal announced an $80 million round at a $1 billion valuation, led by Founders Fund with participation from Sequoia Capital, General Catalyst, Lux Capital, Red Glass and Lightspeed. Founders Fund partner Trae Stephens led the preemptive deal.

$80M source ↗

Sep 2025
Series B led by Sequoia Capital

$75M source ↗

Apr 2024
Nominal emerges from stealth having raised more than $27 million

Bloomberg reported that Nominal, which had operated in stealth for two years, raised more than $27 million from investors including Lux Capital, General Catalyst and Founders Fund to accelerate development of hardware used in space, energy and other national-security-critical sectors.

$27M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
NominalDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Nominal do?
Nominal builds a unified industrial data platform for hardware engineering teams to capture, analyze and act on test telemetry.
Who founded Nominal?
Nominal was founded by Oren Harnevo, Ronald Bianchini, Jr., Roneil Rumburg, Ohad Finkelstein, SAMUEL HARRISON in 2020.
Who are Nominal's investors?
Nominal's investors include Accel, Adaverse, Aleph, Axeleo Capital, Bluebird Ventures, Bright Pixel Capital, CapitalG, Centerview Capital Technology and 34 more.
How much funding has Nominal raised?
Nominal has disclosed $211M raised across 10 of its 13 known rounds.
Where is Nominal headquartered?
Nominal is headquartered in New York, US.