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P-1 AI

San Mateo, United States

series-a$50M raisedAI AgentsEnterprise SoftwareIndustrial Automation

◆ Total Raised

$50M

◆ Stage

series-a

◆ Location

San Mateo, United States

◆ Founded

2024

◆ Team size

11-50

◆ Links

◆ About P-1 AI

P-1 AI develops Archie, an AI-powered engineering assistant built for hardware engineering disciplines including mechanical, electrical, thermal, fluids, and systems design.

◆ What sets it apart

Archie is positioned as a junior AI engineering teammate with quantitative multi-physics and spatial reasoning, trained on proprietary synthetic design data to automate cognitive hardware-design work rather than replace existing engineering tools.

◆ Sectors

AI AgentsEnterprise SoftwareIndustrial Automation

◆ Business

ModelSaaS

CustomerIndustrial OEMs and hardware engineering teams, especially in data center engineering, with expansion to automotive, aerospace & defense, and other complex physical-product domains.

◆ Notable

  • Exited stealth with Archie and announced an initial Series A financing round led by NEA.
  • Raised a $23 million seed round.
  • Secured design partners and customers in data center engineering.

◆ Backing funds on Raise

◆ Funding rounds

30 Jul 2026

Led by New Enterprise Associates

With Cameron McCord, Nick Marwell, Jo Zhu Kennedy, Jeff Dean, Peter Welinder, Bob van Luijt

Source ↗

◆ Explore the market

◆ FAQ

What does P-1 AI do?

P-1 AI develops Archie, an AI-powered engineering assistant built for hardware engineering disciplines including mechanical, electrical, thermal, fluids, and systems design.

Where is P-1 AI based?

P-1 AI is based in San Mateo, United States, founded in 2024.

How much has P-1 AI raised?

P-1 AI has raised $50M in tracked funding and is currently at the series-a stage.

Who has invested in P-1 AI?

Investors in P-1 AI include NEA and Radical Ventures.