Nominal Raises $240 Million at a $3 Billion Valuation

Nominal’s platform is built to work with the tools and systems engineers already use. The company said its customers include more than 80 commercial and government organizations, among them Anduril Industries and HII.

The funding will support product development, including agents and applications for tasks spanning a machine’s lifecycle. Nominal cited requirements verification, planning, scheduling and fleet health as areas it aims to address. It also plans to enter new industries and regions, potentially through acquisitions.

Lightspeed Venture Partners led the round, with Insight Partners as colead. Other major investors include Sequoia, General Catalyst, Salesforce Ventures and Lockheed Martin Ventures.