Nominal raised an additional $80M at a $1B valuation, led by Founders Fund, to accelerate Tools for Progress for the engineering teams building the world’s most critical systems.
Today, we’re announcing that Nominal raised an additional $80 million at a valuation of $1 billion. Founders Fund led the round, with continued support from Sequoia, General Catalyst, Lux Capital, Red Glass, and Lightspeed. It is the largest vote of confidence we’ve received, and we take it seriously.
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This letter is for the customers and engineers who made it possible — an update on what we’re seeing in the world, what we believe it means, and what we intend to do about it.
Every day, somewhere in the world, a Nominal customer is doing something extraordinary. Firing a rocket engine and watching the data stream in real time. Qualifying a satellite in a thermal vacuum chamber. Running acceptance tests on hardware that will end up in a submarine, or a fighter jet, or a power plant. These are not casual endeavors. These are the programs the world counts on.
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. We capture the data. We structure it. We make it searchable, governable, and permanent. We automate the workflows around it. When years of engineering judgment are structured and compounding, AI becomes genuinely useful. Not as yet another “digital engineering” gimmick, but as a tool that earns its place by being right.
The last 10 months since our Series B fundraise have been a period of extraordinary growth. Four of the five largest defense contractors in the world now run on Nominal. More than sixty organizations trust us with their most sensitive programs. Our revenue has grown 7x and our team has more than tripled to 135 people across Austin, New York, Los Angeles, Washington D.C., and London. Growth like this comes from trust — engineering teams adopting Nominal on one program and pulling it into the next one, and the next one. That’s what infrastructure looks like. It spreads because it works.
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