Nomic AI

-30%

est. 2Y upside i

AI & MLSeries A

Nomic AI builds tools to structure, understand, and collaborate with unstructured data (text, images, embeddings, video and audio). Our flagship product, Nomic Atlas, allows anyone, regardless of skill, to easily curate, visualize, and act on unstructured data at a massive scale. Other benefits include users being able to remove anomalies to build better quality ML models faster, while improving internal data collaboration and data quality.

Rank

#2933

Sector

Artificial Intelligence

Est. Liquidity

~4Y

Data Quality

Data: Medium

The equity upside is expected to be negative (-29.55% probability-weighted) over 2 years due to a stale high valuation (52x on $1.9M ARR), strong incumbent competition, and likely dilution.

Last updated: July 19, 2026

Bull (20%)+60%

Exit multiple expands to 20x due to IPO window and category leadership in AEC. The $9M revenue leads to $180M exit, but after 20% dilution, net upside is 60%.

Base (35%)-12%

Multiple converges to 12x, giving $108M exit. After dilution, net downside of -12%, reflecting multiple compression from 52x to 12x.

Bear (45%)-83%

Multiple compresses to 6x, exit of $54M. After preference ($17M) and dilution, common stock recovers only $37M, net -83%.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Funding Intensity

17%

$17M preferred stack represents 17% of valuation, placing it in the high risk category for common stock.

Dilution Risk

high

A capital raise within 24 months is likely given cash burn, leading to approximately 20% dilution.

Secondary Liquidity

none

No secondary market activity observed or indicated.

Questions to Ask at the Interview

Strategic questions based on Nomic AI's data — designed to show you've done your homework.

1
“How will Nomic differentiate its embedding models from OpenAI's offerings?”
2
“What is the primary growth driver in the AEC vertical?”
3
“What is the expected timeline to liquidity and how does the company view secondary sales for employees?”

Community

Valuation Sentiment

Our model estimates -30% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.