Faction - About the company
Faction is a series A company based in San Francisco (United States), founded in 2020. It operates as a Developer of driverless vehicle platform for delivery and vehicle on-demand. Faction has raised $4.3M in funding from investors like TDK Ventures, Y Combinator and Trucks Venture Capital. The company has 87 active competitors, including 39 funded and 6 that have exited. Its top competitors include companies like Nuro, Starship Technologies and Serve Robotics.
Company Details
Developer of driverless vehicle platform for delivery and vehicle on-demand. The company’s software suite integrates with fulfillment and order management systems. It offers driverless technology for ride-share companies to streamline trips. The company's solutions are engineered for adaptability across multiple industries. The software suite allows customers to track orders and interact with the vehicle.
- Website
- www.faction.us/
- Email ID
- *****@faction.us
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Series A
Total Funding
$4.3M in 4 rounds
Latest Funding Round
Investors
Ranked
10th among 87 active competitors
Employee Count
8 as on Jun 30, 2026
Legal entities associated with Faction
Faction is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Faction Technology, Inc. CIN: 844974033 , United States, Active | Dec 31, 1999 | - | 3 (As on Dec 31, 2024) | - |
Faction Technologies Inc. CIN: 834532-5 , Canada, Active | Nov 07, 2012 | - | - | - |
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Faction's funding and investors
Faction has raised a total funding of $4.3M over 4 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on Oct 26, 2023 for $*****. 4 investors participated in its latest round. Faction has 10 institutional investors.
Here is the list of recent funding rounds of Faction:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 26, 2023 | 4855312 | Series A | 3840097 | 5836994 | 5490073 | 7205296 |
Dec 20, 2021 | 3934251 | Seed | 9913907 | 4582724 | 1675089 | 7175197 |
Jun 02, 2021 | 6992090 | Seed | 5074401 | 6720875 | 8912754 |
View details of Faction's funding rounds and investors
Faction's founders and board of directors
Founder? Claim ProfileFaction's employee count trend
Faction has 8 employees as of Jun 26. Here is Faction's employee count trend over the years:
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Faction's Competitors and alternates
Top competitors of Faction include Nuro, Starship Technologies and Serve Robotics. Here is the list of Top 10 competitors of Faction, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nuro 2016, Mountain View (United States), Series E | Developer of autonomous driving technology for automakers and mobility providers | $2.34B | 72/100 | |
2nd | Starship Technologies 2014, San Francisco (United States), Series C | Operator of autonomous robots for delivery of goods and advertising | $281M | 70/100 | |
3rd | Serve Robotics 2021, United States, Public | Developer of autonomous robots for last-mile delivery of goods | $247M | 64/100 | |
4th | Coco Delivery 2020, Sacramento (United States), Series B | Operator of autonomous delivery vehicles for merchant partners and advertising | $137M | 62/100 | |
5th | Cenntro 2013, Sparks (United States), Public | Manufacturer of commercial electric vehicles for city mobility and last-mile delivery | - | 61/100 | |
6th | Kiwibot 2017, Berkeley (United States), Series B | Provider of AI-based autonomous delivery robots | $24M | 60/100 | |
7th | Ottonomy 2020, Sunnyvale (United States), Series A | Manufacturer of autonomous robots for indoor and outdoor logistics delivery | $7.8M | 60/100 | |
8th | Developer of AI-enabled autonomous delivery vehicles | $726M | 59/100 | ||
9th | Developer of artificial intelligence solutions for business process automation | $800M | 58/100 | ||
10th | Faction 2020, San Francisco (United States), Series A | Developer of driverless vehicle platform for delivery and vehicle on-demand | $4.3M | 52/100 |
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Faction's Investments and acquisitions
Faction has made no investments or acquisitions yet.
Reports related to Faction
Here is the latest report on Faction's sector:
News related to Faction
Media has covered Faction for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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ARI Motors increases stake to 40% and positions itself as key European partnerWebDisclosure•Jan 15, 2026•ARI Motors, Faction
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Faction Technology’s Series A Funding RoundGlobal Legal Chronicle•Jan 10, 2024•Foley & Lardner, TDK Ventures, Faction, Ducera Partners
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TDK Ventures leads next round of financing in advanced vehicle technology developer FactionTDK Ventures•Oct 26, 2023•TDK Ventures, Faction, Ducera Partners, Trucks Venture Capital and 3 others
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Arcimoto Announces Development of Driverless EVs forBusinessFortNight•Dec 13, 2022•Arcimoto, Faction, GoCar Tours
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Faction and GoCar Tours Partner on Driverless Vehicle RentalsACROFAN•Oct 10, 2022•Faction, GoCar Tours
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