Factorial
Founded Year
2016Stage
Loan | AliveTotal Raised
$299.49MValuation
$0000Last Raised
$79.43M | 5 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-54 points in the past 30 days
About Factorial
Factorial specializes in human resource management software, offering a suite of tools designed to automate and centralize HR processes across various business sectors. Its main offerings include time and attendance tracking, talent management, payroll processing, and expense management, all aimed at improving productivity and reducing manual workload. Factorial's solutions cater to a range of industries, including manufacturing, consulting, technology, healthcare, and more, providing scalable and agile HR tools to meet the needs of small and medium-sized businesses. It was founded in 2016 and is based in Barcelona, Spain.
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ESPs containing Factorial
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The human resource outsourcing (HRO) market provides businesses with a way to outsource a range of HR functions, such as payroll, benefits administration, and employee training and development. This can lead to cost savings, increased efficiency, and a focus on core business objectives. HRO solutions also provide access to specialized expertise, advanced technology, and regulatory compliance suppo…
Factorial named as Challenger among 15 other companies, including Workday, Automatic Data Processing, and Dayforce.
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Research containing Factorial
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Factorial in 3 CB Insights research briefs, most recently on Feb 9, 2023.
Expert Collections containing Factorial
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Factorial is included in 3 Expert Collections, including HR Tech.
HR Tech
4,169 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,244 items
SMB Fintech
1,231 items
Factorial Patents
Factorial has filed 23 patents.
The 3 most popular patent topics include:
- capacitors
- electrochemistry
- lithium-ion batteries
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
6/30/2023 | 9/17/2024 | Capacitors, Electrochemistry, Fuel cells, Benzyl compounds, Plasticizers | Grant |
Application Date | 6/30/2023 |
|---|---|
Grant Date | 9/17/2024 |
Title | |
Related Topics | Capacitors, Electrochemistry, Fuel cells, Benzyl compounds, Plasticizers |
Status | Grant |
Latest Factorial News
Apr 11, 2024
Factorial , a Barcelona, Spain-based provider of a business and HR management platform for SMBs globally, raised $80M in funding. The company intends to use the funds to continue to grow until becoming cash-generative with minimal constraints on the balance sheet. Founded in 2016 and led by CEO Jordi Romero, Factorial offers solutions for small and medium businesses, automating processes from Core HR to Expense management, so they have more time to dedicate to the people within their organization. The company serves over 10,000 companies across Europe, US and Latin America. Commenting on the new, Jordi Romero said: “As one of the fastest-growing software companies in Europe, we wanted the ability to keep our growth trajectory without ever needing an equity round. This partnership with General Catalyst is exactly what we were looking for. We can focus on building great products and helping more customers without worrying about fundraising.” Factorial became Europe’s new unicorn in 2022 following a $120M Series C investment round. FinSMEs
Factorial Frequently Asked Questions (FAQ)
When was Factorial founded?
Factorial was founded in 2016.
Where is Factorial's headquarters?
Factorial's headquarters is located at C/ d’Àlaba, number 61, 5-2, Barcelona.
What is Factorial's latest funding round?
Factorial's latest funding round is Loan.
How much did Factorial raise?
Factorial raised a total of $299.49M.
Who are the investors of Factorial?
Investors of Factorial include General Catalyst, Creandum, K Fund, CRV, Tiger Global Management and 8 more.
Who are Factorial's competitors?
Competitors of Factorial include PeopleForce, Hibob, Netchex, Beamery, Orquest and 7 more.
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Compare Factorial to Competitors
Hibob is a company that specializes in human resources technology, offering a comprehensive HR platform designed to streamline various HR processes for businesses. Their main services include core HR functions, onboarding, time and attendance management, compensation, payroll integration, hiring, time off management, surveys, performance management, people analytics, and workforce planning. These tools are aimed at improving productivity, engagement, and retention within organizations. It was founded in 2015 and is based in New York, New York.
Bamboo HR is a company that focuses on providing comprehensive human resources software solutions. The company offers a range of services including data management, hiring and onboarding, payroll and benefits management, and tools for enhancing employee experience and performance. Bamboo HR primarily serves businesses of all sizes across various sectors. It is based in Lindon, Utah.
Darwinbox is a company that specializes in human capital management and offers a suite of cloud-based HR solutions. Their platform leverages artificial intelligence and machine learning to automate day-to-day HR processes, provide actionable insights, and enhance employee experiences across various industries. Darwinbox's comprehensive offerings include workforce management, talent acquisition, payroll compliance, performance management, and employee engagement tools. It was founded in 2015 and is based in Hyderabad, India.
Gusto is a company that specializes in providing integrated online payroll and HR solutions for businesses. Their main services include processing payroll with automated tax filing, managing time and attendance, offering workers' compensation, and administering employee benefits such as health insurance and 401(k) plans. Gusto also offers tools for hiring and onboarding, talent management, and compliance support to ensure businesses can efficiently manage their teams. It was founded in 2011 and is based in San Francisco, California.
Employment Hero specializes in providing an all-in-one HR, payroll, and benefits platform for businesses. The company offers solutions for automating recruitment, managing HR processes, and streamlining payroll, as well as a suite of tools for employee engagement, learning and development, and artificial intelligence enhancements. Employment Hero primarily serves small to medium-sized businesses looking to optimize their human resources and payroll operations. It was founded in 2014 and is based in Sydney, New South Wales.
Flash operates as a management platform specializing in human resources (HR) and financial services. The company offers solutions for benefits management, talent management, and corporate expense control. Flash primarily serves sectors that require integrated management solutions for HR and financial operations. It was founded in 2018 and is based in Pinheiros, Brazil.
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