Nominal

Austin, TX · Founded 2022 · Privately Held (backing)

Developer of a data infrastructure and analytics platform designed to help engineering teams test and validate hardware systems. Nominal is based in Austin, TX and was founded in 2022. It was valued at $1 billion at its early-stage round in Mar 2026, the last priced event on record. It has raised $183 million across 4 recorded rounds; the latest was an $80 million later-stage round in Feb 2026.

PMV mark · valuation
$1.0B
Oct 2026
Priced at
its early-stage round
Mar 2026
Total raised
$182.5M
Last round
Later Stage VC
Feb 2026
How much has Nominal raised?
$182.5Macross 4 recorded rounds · Nov 2022 – Feb 2026

Most recently, Nominal raised $80.0M in its Later Stage VC (Feb 2026).

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Nominal round by round

4 rounds
Feb 2026Later Stage VC$80.0MSEC filing▮
13 investors participated
May 2025Early Stage VC$23.7MSEC filing▮
18 investors participated
Apr 2025Later Stage VC$50.8MSEC filing▮
6 investors participated
Nov 2022Seed Round$4.9MSEC filing▮
18 investors participated

How much has Nominal raised?

Nominal has raised $183 million across 4 recorded rounds since 2022. The largest was an $80 million later-stage round in Feb 2026.

Nominal has filed 4 Form Ds with the SEC since 2022, most recently in Mar 2026 ($80 million sold to 13 investors).

Nominal investors

20 investors are on record for Nominal, including Sequoia Capital, MassChallenge, General Catalyst and Lightspeed Venture Partners. By type, the record holds 12 venture capital firms, 1 asset manager and 1 growth equity firm. The later-stage round in Feb 2026 drew 13 investors.

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Frequently asked about Nominal

How much has Nominal raised?
Nominal has raised $182.5M in total across 4 recorded funding rounds.
When was Nominal's last funding round?
Nominal's most recent recorded round was Later Stage VC in Feb 2026, raising $80.0M.