When was Factorial founded?

Factorial was founded in 2016 and became a unicorn in 2022, reaching the milestone in 6 years. It raised its 1st funding round 1 year after its incorporation.

Where is Factorial located?

Factorial is headquartered in Barcelona, Spain.

Who is the current CEO of Factorial?

Bernat Farrero and Jordi Romero s of Factorial. Bernat Farrero has also founded 2 companies.

How many employees does Factorial have?

As of Mar 31, 2026, the latest employee count at Factorial is 2613.

Is Factorial a funded company?

Factorial is a funded company, having raised a total of $300M across 7 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on 2017.

How much is Factorial worth?

The latest valuation of Factorial is $1B as of Oct 11, 2022.

When was the latest funding round of Factorial?

Factorial's latest funding was a $120M Conventional Debt round on Mar 19, 2025, with participation from 1 investor.

Is Factorial a HRTech company?

The primary sector of Factorial is HRTech.

Where does Factorial rank among its competitors?

Factorial ranks 6th amongst 2641 active competitors, of which 140 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Darwinbox, which secured $5.24M in Sep, 2025.

Who are the top competitors of Factorial?

Factorial's top competitors include People Strong, Workday and Kronos. Among them, Darwinbox secured the most recent funding round in September, 2025.

Factorial - 2026 Company Profile, Team, Funding & Competitors

Factorial is a series C company based in Barcelona (Spain), founded in 2016 by Bernat Farrero, Pau Ramon Revilla and Jordi Romero. It operates as a Provider of business management software for human resources and finance. Factorial has raised $300M in funding from investors like CRV, Atomico and Tiger Global Management, with a current valuation of $1B. The company has 2641 active competitors, including 140 funded and 152 that have exited. Its top competitors include companies like People Strong, Workday and Kronos.

Company Details

Provider of business management software for human resources and finance. The software automates repetitive tasks related to time management, talent acquisition, and payroll. It offers tools for employee performance tracking, onboarding, and training. The platform provides features for expense management, project oversight, and electronic signatures.

Website: factorialhr.com
Social
Email ID: *****@factorial.co
Phone Number: +34 **********

Key Metrics

Founded Year

2016

Location

Barcelona, Spain

Stage

Series C

Total Funding

$300M in 7 rounds

Latest Funding Round

Conventional Debt, Mar 19, 2025, $120M

Post Money Valuation

$1B as on Oct 11, 2022

Investors

CRV & 10 more

Ranked

6^th among 2641 active competitors

Employee Count

2,613 as on Mar 31, 2026

Investment & Acquisitions

graze.social & 3 more

Similar Companies

People Strong & 3103 more

View Factorial's full profile

Factorial has raised a total funding of $300M over 7 rounds. Its first funding round was on 2017. Its latest funding round was a Conventional Debt round on Mar 19, 2025 for $120M. 1 investor participated in its latest round. Factorial has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Factorial:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2025	$120M	Conventional Debt	-	-	-	General Catalyst
Apr 11, 2024	$80M	Conventional Debt	-	-	-	General Catalyst
Oct 11, 2022	$120M	Series C	$1B	-	Atomico	GIC, Tiger Global Management, CRV, K Fund, Creandum

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View details of Factorial's funding rounds and investors

The founders of Factorial are Bernat Farrero, Pau Ramon Revilla and Jordi Romero. Bernat Farrero and Jordi Romero are the CEOs of Factorial.

Here are the details of Factorial's key team members:

Bernat Farrero: Founder / CEO of Factorial and founder of 3 other companies, Itnig, Quipu and Camaloon.
Pau Ramon Revilla: Co-founder and CTO of Factorial and founder of 1 other company.
Jordi Romero: Founder and CEO of Factorial.

View details of Factorial's Founder profiles and Board Members

Factorial's employee count trend

Factorial has 2,613 employees as of Mar 26. Here is Factorial's employee count trend over the years:

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Top competitors of Factorial include People Strong, Workday and Kronos. Here is the list of Top 10 competitors of Factorial, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	People Strong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, Multiples Alternate Asset Management ... & 41 others	84/100
2nd	Workday 2005, Pleasanton (United States), Public	Cloud-based financial management, EPM, and HR software provider for enterprises	$352M	Greylock, Bezos Expeditions & 10 others	81/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	80/100
4th	Bob 2015, Tel Aviv (Israel), Series D	Provider of a platform for human resources, payroll, and finance	$574M	General Atlantic, Bessemer Venture Partners ... & 18 others	78/100
5th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	78/100
6th	Factorial 2016, Barcelona (Spain), Series C	Provider of business management software for human resources and finance	$300M	GIC, General Catalyst & 9 others	80/100
7th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 1 others	76/100
8th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
9th	SuccessFactors 2001, San Francisco (United States), Acquired	AI-powered human capital management solutions for workforce success and organizational agility	$79.8M	GGV Capital, IVP & 9 others	75/100
10th	Darwinbox 2015, Hyderabad (India), Series D	Developer of human capital management software with AI capabilities	$144M	Peak XV Partners, TCV & 49 others	75/100

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Factorial has made 2 investments in companies including graze.social and Hackless. Factorial has also acquired 2 companies including Fuell and Codegram.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 16, 2025	Investments	graze.social	2024	Portland (United States)
Dec 15, 2023	Investments	Hackless	2021	Kyiv (Ukraine)
Oct 03, 2023	Acquisition	Fuell	2019	Madrid (Spain)