Nominal, a company focused on creating end-to-end data analysis solutions for industrial engineering teams, has emerged from stealth to provide a faster, more reliable way to review test data and validate mission-critical systems. The company raised $7.5 million in seed funding led by Lux Capital with support from Founders Fund and $20 million in their Series A led by General Catalyst. The additional investors in this round include Haystack VC, XYZ Ventures, Human Capital, Box Group, and Overmatch.
Nominal emphasizes creating software solutions for the aerospace, defense, industrial machinery, transportation, and energy sectors with various partnerships across the U.S. government. And the company is led by co-founder and CEO Cameron McCord, who has extensive experience in the private sector at prominent startups Anduril, Applied Intuition, and Saildrone and as a venture capitalist, and in the public sector as a veteran Nuclear Submarine Officer and Congressional Liaison for the Navy.
McCord works closely with his co-founders Bryce Strauss (a former Lockheed Martin Space division systems engineer who worked on inter-planetary robotic missions and building software tools for engineers) and Jason Hoch (an experienced software engineer who has diverse experience creating data products for startups, Fortune 500 companies, and governments).
Nominal’s platform was created to handle sensitive government and industrial data. And the company’s leadership team brings over 15 years of combined experience in hardware and software from organizations like SpaceX, Palantir, Anduril, Applied Intuition, NASA, Microsoft, etc.
Through Nominal, teams can quickly test and deploy their complex hardware systems. And Nominal is dedicated to providing a robust, end-to-end solution that simplifies workflows, fosters collaboration, and seamlessly scales with the evolving needs of its valued customers and partners. Plus, Nominal also enables teams and organizational-level collaboration and visibility to reflect the multidisciplinary and iterative nature of engineering. The more people in an engineering organization who can view a comprehensive data story, the better the understanding and insights gained.
Nominal is leveraging this latest funding round to uphold its commitment to delivering innovative solutions to the defense and aerospace sectors, including the rollout of its full-stack data analysis solution designed to facilitate and expedite analyzing and reviewing test data for engineering teams. And beyond new product initiatives to meet growing customer demands, the company plans to grow its teams and enhance its security and deployment capabilities.
KEY QUOTES:
“Building trust in industrial systems and the data that these systems generate is core to our mission at Nominal. As aerospace, defense, and industrial systems have rapidly become more complex and software-defined, the software tools and infrastructure that engineers and operators use to make sense of and validate these systems have lagged in a costly and dangerous way. We’re choosing now to come out of stealth because we feel ready to accelerate our mission to help engineers that develop, test, and validate mission-critical industrial systems. We are on an industrial software collision course. Time is ticking – for our commercial customers, this means getting a product safely to market faster, and for our government customers, it means fielding reliable and tested systems for any mission.”
– Cameron McCord, Co-founder and CEO of Nominal
“When we first met Nominal, what stood out to us was the intentionality by which Cameron, Bryce, and Jason are building the company. Nominal’s modern software suite is purpose-built for hardware engineers to manage the complex workflows of testing and developing high-stakes, breakthrough hardware systems. By hitting the industrial software collision course head-on, we believe Nominal can help unlock a renaissance of industrial innovation.”
– Paul Kwan, Managing Partner, General Catalyst
