Breaking
Nomic Embed outperformed OpenAI's Ada-002 - and shipped the weights, code, and data open source GPT4All runs a full LLM on your laptop, fully offline $17M Series A led by Coatue at ~$100M valuation Atlas maps tens of millions of data points in a browser tab Nomic Embed Text v2: first embedding model built on Mixture-of-Experts 2025 pivot: bringing embeddings to architecture, engineering & construction Nomic Embed outperformed OpenAI's Ada-002 - and shipped the weights, code, and data open source GPT4All runs a full LLM on your laptop, fully offline $17M Series A led by Coatue at ~$100M valuation Atlas maps tens of millions of data points in a browser tab Nomic Embed Text v2: first embedding model built on Mixture-of-Experts 2025 pivot: bringing embeddings to architecture, engineering & construction
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Company Profile / Artificial Intelligence

Nomic AI.

The New York lab making AI - and the massive, messy datasets that power it - something anyone can see, run, and trust.

Founded 2022 New York, USA Open Source AI ~17 People Series A · Coatue

Nomic AI, New York City. The company behind Atlas, Nomic Embed, and GPT4All - three open tools that pulled AI's inner workings out of closed labs and into the browser.

The Dispatch

A small team that decided AI should be legible

Most AI arrives as a black box: a model you cannot inspect, trained on data you cannot see, running on servers you do not control. Nomic AI was built on the opposite bet - that transparency is not a liability but a strategy.

Founded in 2022 in a Manhattan office on East 20th Street, Nomic AI is the work of three founders - Andriy Mulyar, Brandon Duderstadt, and Ben Schmidt - who set out with an unusually plain mission: improve the explainability and accessibility of AI. They treated AI as a once-in-a-century technology that everyone, not just a handful of well-funded labs, should be able to participate in and benefit from. That conviction shaped an unusual product line and, later, an unusual pivot.

The company's first product, Atlas, is a data engine with a scalable embedding-space explorer. In plain terms: it takes a pile of unstructured data - hundreds of points or tens of millions - and turns it into an interactive map you can pan, zoom, search, and clean, right inside a browser tab. Text, images, audio, video: all of it can be placed into the same visual space of meaning. For a machine-learning engineer staring at a dataset they cannot describe, Atlas answers a deceptively hard question - what is actually in here?

If Atlas made data visible, GPT4All made models portable. Released in 2023, GPT4All is an open-source ecosystem for running large language models locally, on ordinary consumer hardware. No cloud account, no data leaving the machine. It became one of the most downloaded local-LLM projects on the internet, and it planted a flag that would define Nomic's identity: private, inspectable, on-device AI.

By The Numbers
17
Series A ($M)
8,192
Embed Context Tokens
2022
Founded
~$100M
Valuation
What It Does

The problems Nomic solves

DATA VISIBILITY

You can't fix what you can't see

Teams sit on huge, unlabeled datasets with no way to inspect them. Atlas turns that fog into a navigable map - spotting duplicates, outliers, and mislabeled clusters at a glance.

PRIVACY

AI without the cloud

Sending sensitive documents to a third-party API is a non-starter for many. GPT4All runs models locally, so data never leaves the device - private document chat, fully offline.

RETRIEVAL

Search that understands meaning

Keyword search misses intent. Nomic Embed converts text, code, and images into vectors so systems can retrieve by meaning - the quiet engine behind modern RAG.

TRUST

Models you can audit

Closed models hide their training. Nomic ships open weights, open code, and open data so researchers can reproduce and verify results themselves.

DOMAIN DEPTH

AI that speaks construction

General models fumble on drawings and specs. Nomic's AEC platform is tuned for the built world - drawing review, code compliance, submittals, and RFIs.

SCALE

From hundreds to tens of millions

Most visualization tools choke on real datasets. Atlas is built to render and search datasets spanning tens of millions of points without leaving the browser.

"AI is a once-in-a-century innovation that everyone should be able to participate in and benefit from - so the models and the data behind them should be open to inspect."
- Nomic AI, on its mission
Products & Services

The toolkit

2022 · FLAGSHIP

Atlas

A browser-based data engine and embedding-space explorer. Visualize, curate, search, and share datasets across text, image, audio, and video - from hundreds to tens of millions of points.

2023 · OPEN SOURCE

GPT4All

An ecosystem for running LLMs locally on consumer hardware. Private, offline document chat and chatbot deployment - no data leaves the device.

2024 · MODEL

Nomic Embed Text

An open, fully reproducible long-context (8,192 token) text embedding model, Apache 2.0 licensed, that outperformed OpenAI's Ada-002 on short and long context tasks.

2025 · MODEL

Nomic Embed Text v2

A multilingual embedder and the first embedding model to use a Mixture-of-Experts architecture, trained on 1.6 billion high-quality data pairs.

2025 · MODEL

Nomic Embed Multimodal & Code

State-of-the-art models for visual document retrieval and code search, processing interleaved text, images, and screenshots.

2025 · PLATFORM

Nomic for AEC

A domain-focused platform applying Nomic's retrieval stack to architecture, engineering, and construction - drawing review, code compliance, submittals, and RFI responses.

The Edge

How Nomic is different

Where much of the industry ships closed APIs, Nomic competes on openness, locality, and domain depth. The chart below sketches its relative emphasis - an illustrative read of positioning, not a benchmark.

Openness
Open weights
Local / private
On-device
Data visibility
Atlas maps
AEC domain fit
Vertical
Reproducibility
Open data

Against OpenAI and Cohere - whose embedding models are strong but proprietary - Nomic's pitch is that you can read the recipe. Against pure infrastructure players like Pinecone or Weaviate, Nomic owns the model layer as well as the visualization on top. And in the AEC vertical, where incumbents like Autodesk and Trimble own the workflow, Nomic positions itself as an assistive layer for document-heavy tasks rather than a replacement for the specialists who do them.

Business Model

Open source as the funnel

Nomic gives away model weights, code, and data - which builds credibility, community, and adoption - then earns revenue from its hosted platform. Atlas and the Nomic developer API run on usage and subscription tiers, and an enterprise AEC product adds features like data residency and private deployment. The open releases drive awareness at the top; the platform and vertical product capture value below.

Where It Fits

The retrieval layer of the AI stack

The loudest part of AI is generation - the chatbots. The load-bearing part is often retrieval: turning content into embeddings so systems can find what matters. Nomic sits squarely in that layer, and pairs it with the visualization tools to understand what the data contains. Its 2025 move into construction is a bet that the biggest wins come from taking that stack deep into one under-digitized industry.

Who Uses It

The audience

ML engineers & researchers

Use Atlas and Nomic Embed to explore datasets, build retrieval systems, and reproduce open results.

Privacy-first users

Individuals and enterprises run GPT4All for local, offline document chat where data cannot leave the device.

AEC firms

Architecture, engineering, and construction teams use the platform for drawing review, compliance, and knowledge search.

Reach: GPT4All and the open embedding models have been downloaded in the millions across GitHub and Hugging Face.

The Record

A short history

2022

Nomic AI founded in New York

Andriy Mulyar, Brandon Duderstadt, and Ben Schmidt start the company to make AI and its datasets explainable.

2022

Atlas launches

A browser-based embedding-space explorer for large, unstructured datasets becomes Nomic's first product.

2023

GPT4All released

Nomic's open-source ecosystem for running LLMs locally becomes one of the most popular projects of its kind.

2023

$17M Series A

Coatue leads a Series A at roughly a $100M valuation to fund open-source AI for all.

2024

Nomic Embed Text v1

An open, reproducible, long-context embedding model outperforms OpenAI's Ada-002.

2025

Embed v2 & multimodal models

A Mixture-of-Experts multilingual embedder ships alongside state-of-the-art multimodal and code models.

2025

Pivot to AEC

Nomic focuses its platform on the built world and expands data residency across AWS regions worldwide.

2026

AEC-Bench & recognition

Nomic publishes a construction AI benchmark and is named a finalist in Trimble's 0-60 Challenge.

The Founders

Three builders

Andriy Mulyar

CO-FOUNDER & CEO

Leads Nomic's strategy, including the 2025 pivot toward verticalized AI for construction.

Brandon Duderstadt

CO-FOUNDER & CTO

Drives the technical direction behind Atlas, GPT4All, and the Nomic Embed models.

Ben Schmidt

CO-FOUNDER & VP, INFORMATION DESIGN

Shapes how Nomic visualizes and communicates the structure hidden in large datasets.

The Money

Funding

2022 · SEED

~$1.25M

Early backing from Contrary Capital, Betaworks Ventures, and SV Angel.

JULY 2023 · SERIES A

$17M · led by Coatue

With Contrary Capital, Betaworks Ventures, SV Angel, Story Ventures, and Factorial Capital. Reported at roughly a $100M post-money valuation.

Notable partnerships

Qualcomm - optimized GPT4All and Nomic embeddings for local inference on Snapdragon X Series devices. Trimble - named a finalist in the 0-60 Challenge 2026.

Off The Record

Five things worth knowing

The name "Nomic" echoes a game whose rules the players can change mid-play - fitting for a company reshaping how AI is built and inspected.

A team of roughly 17 people shipped an embedding model that outperformed one from OpenAI.

GPT4All can run a capable chatbot entirely offline on a laptop, with no data ever leaving the device.

Atlas can place text, images, audio, and video into the same interactive map of meaning.

Nomic pivoted from horizontal open-source tooling toward construction - one of the least digitized sectors in the economy.

Nomic Embed Text v2 was the first embedding model to adopt a Mixture-of-Experts architecture.

Questions

FAQ

What does Nomic AI do?

Nomic builds tools to make large, unstructured datasets and AI models understandable and usable - notably Atlas for data visualization, the open-source Nomic Embed models, and GPT4All for local LLMs. Since 2025 it applies this stack to the architecture, engineering, and construction industry.

Who founded Nomic AI and when?

Nomic AI was founded in 2022 in New York by Andriy Mulyar (CEO), Brandon Duderstadt (CTO), and Ben Schmidt (VP of Information Design).

How much funding has Nomic raised?

Nomic raised a $17M Series A led by Coatue in 2023, at roughly a $100M post-money valuation, following earlier seed backing from investors including Contrary Capital, Betaworks, and SV Angel.

Is Nomic AI open source?

Yes. Nomic releases many of its models with open weights, training code, and data - Nomic Embed and GPT4All are both distributed under permissive open-source licenses.

What is Atlas?

Atlas is Nomic's browser-based data engine that lets anyone visualize, curate, search, and share datasets of up to tens of millions of points across text, image, audio, and video.