Factorial
Founded Year
2016Stage
Incubator/Accelerator | AliveTotal Raised
$299.49MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-44 points in the past 30 days
About Factorial
Factorial is a provider of human resources software that automates and centralizes HR processes for small to medium-sized enterprises. The company's offerings include time management, talent management, payroll, and finance solutions aimed at HR administrative tasks. Factorial serves sectors such as consulting, retail, technology, communication, manufacturing, healthcare, real estate, construction, and remote work environments. It was founded in 2016 and is based in Barcelona, Spain.
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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 1 CB Insights research brief, 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
5,910 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
1,258 items
SMB Fintech
1,231 items
Factorial Patents
Factorial has filed 27 patents.
The 3 most popular patent topics include:
- capacitors
- lithium-ion batteries
- electrochemistry
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 Calle Alaba, 61 5º-2ª, Barcelona.
What is Factorial's latest funding round?
Factorial's latest funding round is Incubator/Accelerator.
How much did Factorial raise?
Factorial raised a total of $299.49M.
Who are the investors of Factorial?
Investors of Factorial include Leading European Tech Scaleups, General Catalyst, Creandum, K Fund, Charles River Ventures and 9 more.
Who are Factorial's competitors?
Competitors of Factorial include Beamery, PeopleForce, Orquest, GoCo.io, Dileoz and 7 more.
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Compare Factorial to Competitors
Hibob specializes in human resources technology, offering a comprehensive HR platform designed to streamline various HR processes for businesses. Its 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. The company's tools are aimed at improving productivity, engagement, and retention within organizations. It was founded in 2015 and is based in New York, New York.
OrangeHRM provides human resource management software and operates within the HR technology sector. The company offers tools for HR processes including talent management, employee performance tracking, recruitment, onboarding, leave management, time tracking, compensation, payroll integration, career development, and training. OrangeHRM's solutions are intended for HR managers, C-suite executives, recruiters, and IT managers, with a focus on HR functions. It was founded in 2006 and is based in Secaucus, New Jersey.
BambooHR 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. BambooHR primarily serves businesses of all sizes across various sectors. It was founded in 2008 and is based in Lindon, Utah.
PayFit specializes in payroll management and human resource process automation within the software-as-a-service (SaaS) industry. The company offers a cloud-based payroll solution that automates payroll tasks, updates payslips in real-time, and integrates with other HR systems. Its software is designed to serve small to medium-sized businesses by simplifying payroll and HR administration. The company was founded in 2015 and is based in London, United Kingdom.
isiRH is a company focused on providing intelligent web-based human resource management solutions for businesses of various sizes, operating in the human resources technology sector. The company offers a comprehensive suite of HR management tools that automate and simplify tasks such as personnel administration, payroll, leave management, and recruitment, among others. These solutions are designed to centralize HR processes, improve administrative efficiency, and support regulatory compliance without the need for technical installation fees. It was founded in 2015 and is based in Normandie, France.
SMB is a company specializing in cloud-based HR software solutions for small to medium-sized businesses. Their main offerings include a comprehensive employee management system that streamlines recruitment, absence management, and compliance, making HR tasks more efficient and accessible. The software primarily serves the human resources technology sector, catering to businesses seeking to optimize their HR processes. It was founded in 2013 and is based in Milton Keynes, England.
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