What is Factorial?
Founded in 2016, Factorial has evolved from a nascent HR solution into a comprehensive management platform designed to streamline complex administrative processes for businesses. The company specializes in automating human resources workflows, including time tracking, recruitment, and performance management, effectively reducing the operational burden on HR departments. By integrating these disparate functions into a unified digital ecosystem, Factorial enables organizations to focus on talent development and strategic workforce planning. Its market position is characterized by strong adoption across European markets, supported by a sophisticated product suite that addresses the evolving needs of mid-market and enterprise-level clients.
How much funding has Factorial raised?
Factorial has raised a total of $450.1M across 7 funding rounds:
Angel/Seed
$593K
Unspecified
$3.3M
Series A
$16.2M
Series B
$80M
Series C
$120M
Other Financing Round
$80M
Series D
$150M
Angel/Seed (2017): $593K, investors not publicly disclosed
Unspecified (2018): $3.3M led by K Fund, Creandum, and Point Nine
Series A (2020): $16.2M supported by CRV
Series B (2021): $80M featuring Creandum, Point Nine, Columbia Lake Partners, Tiger Global, Crv, and K Fund
Series C (2022): $120M backed by GIC, Tiger Global Management, and Atomico
Other Financing Round (2024): $80M with participation from General Catalyst
Series D (2026): $150M led by Atomico and General Catalyst
Key Investors in Factorial
Atomico
A prominent European venture capital firm headquartered in London, founded by Skype co-founder Niklas Zennström to support high-growth technology companies.
General Catalyst
A global venture capital firm that partners with founders to build enduring enterprises by providing strategic capital and operational expertise across multiple sectors.
Creandum
A leading European venture capital firm with a track record of backing successful technology companies, providing strategic guidance from offices in Stockholm, Berlin, and San Francisco.
What's next for Factorial?
With the successful closure of its latest financing round, Factorial is well-positioned to accelerate its international expansion and deepen its product capabilities. The infusion of capital will likely be directed toward enhancing its AI-driven analytics features and expanding its footprint in key global markets. As the company transitions into a more mature phase of its lifecycle, the focus will shift toward scaling its enterprise sales operations and maintaining its competitive edge against legacy HR software providers. The continued support from top-tier venture capital partners signals strong investor confidence in Factorial's ability to redefine the future of work through technological innovation and operational excellence.
See full Factorial company page
