Sequoia Leads $75M Series B Into Nominal | Alfred Lin Joins Board

Sourcery - A podcast by Sourcery with Molly O'Shea

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Cameron McCord, CEO & Founder of Nominal, discuss their recent $75 million Series B round led by Sequoia, bringing their total funding to over $100 million. With this funding, #1 on the Midas list investor, Alfred Lin of Sequoia is joining their board. Alongside Stephen Slattery, Growth & Product at Nominal, they delve into Nominal’s rapid 10-day funding process, driven by thorough due diligence and their impressive customer testimonials. We go deeper into their innovative core products, Core and Connect, for hardware testing, software management, and their impressive traction in aerospace, defense, energy, and maritime industries. Closing large early customers like Shield AI, Antares, and Vatn.Cameron and Steven, share insights into their backgrounds, including experiences in the US Navy, Anduril, SpaceX, and other prestigious institutions, and how these experiences led them to create Nominal. Learn how Nominal accelerates testing processes, the company’s growth strategies, and the unique challenges and advancements in the hardware sector. Plus, Cameron’s fascinating background as a submarine officer.Molly on X: https://x.com/MollySOSheaCameron on X: https://x.com/cameronlmccordBrought to you by:Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, and travel. As a Sourcery listener, you can unlock up to $500 toward Brex travel or $300 in cash back, plus exclusive perks to help you move even faster: https://brex.com/sourceryKalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourceryFourthwall—The #1 way to sell merch online — Fourthwall is the easiest way to launch a fully branded merch store—used by big brands like MKBHD, Acquired, & even the Smithsonian. 100+ products. No upfront cost. Visit Fourthwall to start today: https://fourthwall.com/Earn Sourcery Content Rewards: https://whop.com/sourcery/?a=sourceryFollow Sourcery for the latest updates! https://www.sourcery.vc/TIMESTAMPS:00:00 - $75M Series B Led by Sequoia03:12- The Journey to Nominal: Backgrounds and Convictions06:01 - Market Opportunities & Challenges in Aerospace and Defense08:58 - Continuous Hardware Testing: The Future of Development11:48 - Nominal's Unified Operating Platform: Features and Benefits15:03 - The Role of Connect in Hardware Testing17:55 - Trends and Predictions in the Defense Sector20:48 - Navigating the Supply Chain and Testing Landscape23:48 - The Importance of Collaboration with Primes26:49 - Delta Qualification: Accelerating Hardware Development34:06 - Nominal's Products: Core and Connect44:27 - Scaling Success with Nominal48:21 - Performance Management in Complex Industries52:10 - Case Studies: Aerospace, Nuclear, and Maritime01:00:24 - Efficiency Gains & Cost Savings for Customers01:03:20 - Navigating Innovation in a Rapidly Changing Landscape01:06:49 - Go-to-Market Strategies for Diverse Customers01:09:10 - Building a Talented Team for Growth01:14:57 - Lessons from Fundraising and Future Outlook#podcast #investing #technology #venturecapital #entrepreneur #startup #siliconvalley

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