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How Much Did Factor Raise?
Funding & Key Investors

Factor, a company specializing in innovative solutions for critical infrastructure and decision-support challenges, has secured $703K in total capital. The company recently announced a major strategic investment of $353K, underscoring its pivotal role in risk management and modernization for key industries. This latest financing round follows previous debt financing rounds, indicating a shift towards strategic growth capital.

What is Factor?

Factor
Business ServicesProject ManagementSoftware Testing

FACTOR, Inc. distinguishes itself by providing advanced data modeling, geospatial solutions, and risk consulting tailored for critical infrastructure and decision-support needs. With over 25 years of operational experience, the company serves diverse sectors including rail, transportation, chemical, and government. FACTOR's core competency lies in enhancing operational safety and enabling clients to navigate complex regulatory landscapes through informed decision-making and technology modernization.

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 signals a new phase of expansion and development for Factor. This infusion of capital is expected to accelerate the company's innovation in data modeling and risk consulting, potentially enabling broader market penetration and the development of new solutions for critical infrastructure challenges. The company's focus on modernization and compliance positions it for sustained growth in an increasingly complex regulatory environment.

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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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