How Much Did Factor Raise?
Funding & Key Investors

Factor, a company specializing in innovative solutions for critical infrastructure and decision-support challenges, has secured significant capital, with total funding reaching $703K. The company recently announced a major strategic investment, bringing in $353K in its latest funding round, which closed on January 31, 2021.

What is Factor?

Factor
Business ServicesProject ManagementSoftware Testing

FACTOR, Inc. is a seasoned provider of advanced solutions tailored for critical infrastructure and complex decision-support needs. Leveraging expertise in data modeling, geospatial solutions, and risk consulting, the company serves a diverse clientele across rail, transportation, chemical, and government sectors. With a legacy spanning over 25 years, FACTOR empowers organizations to enhance operational safety, navigate stringent regulatory landscapes, and modernize their technological frameworks through informed decision-making.

How much funding has Factor raised?

Factor has raised a total of $703K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$353K

Debt (2020): $350K with participation from PPP

Debt (2021): $353K led by PPP

What's next for Factor?

The recent major strategic investment signifies a pivotal moment for Factor, likely enabling the company to accelerate its growth trajectory and expand its market reach. This capital infusion, coupled with the company's established track record in risk management and compliance for critical industries, positions Factor for further innovation and development in its specialized domains. The enterprise-level funding context suggests a focus on scaling operations and potentially exploring new technological advancements or market penetrations.

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Frequently Asked Questions Regarding Factor Financial Insights

What are the most recent funding rounds that Factor has completed, and what were the funding rounds?
Factor has recently completed 2 funding rounds: Debt on Jan 31, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Factor has raised to date?
Factor has raised a total of $703K in funding to date.
How many funding rounds has Factor completed?
Factor has completed 2 funding rounds.
How much funding did Factor raise in its most recent funding round?
Factor raised $353K in its most recent funding round.
Who are the lead investors in Factor's latest funding round?
The lead investor in Factor's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Factor's history?
The largest funding round in Factor's history was $353K.
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