Factorial - About the company
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 2692 active competitors, including 140 funded and 162 that have exited. Its top competitors include companies like Workday, People Strong 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
- 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
Post Money Valuation
$1B as on Oct 11, 2022
Ranked
3rd among 2692 active competitors
Employee Count
2,670 as on Apr 30, 2026
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Factorial's funding and investors
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 | - | - | - | |
Apr 11, 2024 | $80M | Conventional Debt | - | - | - | |
Oct 11, 2022 | $120M | Series C | $1B | - |
View details of Factorial's funding rounds and investors
Factorial's founders and board of directors
Founder? Claim ProfileThe 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 2,670 employees as of Apr 26. Here is Factorial's employee count trend over the years:
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Factorial's Competitors and alternates
Top competitors of Factorial include Workday, People Strong and Kronos. Here is the list of Top 10 competitors of Factorial, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd | People Strong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 84/100 | |
3rd | Provider of business management software for human resources and finance | $300M | 81/100 | ||
4th | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 80/100 | |
5th | Provider of a platform for human resources, payroll, and finance | $574M | 79/100 | ||
6th | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
7th | Developer of human capital management software providing HR and talent solutions | $30M | 78/100 | ||
8th | Remote 2019, Amsterdam (Netherlands), Series C | Provider of human resources payroll and international employment management tools | $506M | 76/100 | |
9th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
10th | Developer of human capital management software with AI capabilities | $144M | 75/100 |
Looking for more details on Factorial's competitors? Click here to see the top ones
Factorial's Investments and acquisitions
Factorial has made 2 investments in companies including Graze and Hackless. Factorial has also acquired 3 companies including YepCode and Fuell.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 15, 2026 | Acquisition | 2021 | Oleiros (Spain) | |
Apr 16, 2025 | Investments | 2024 | Portland (United States) | |
Dec 15, 2023 | Investments | 2021 | Kyiv (Ukraine) |
See all acquisitions by Factorial
News related to Factorial
Media has covered Factorial for a total of 10 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
•
Factorial acquires YepCode, strengthening its presence with a new engineering office in A CoruñaPressDigital•May 15, 2026•YepCode, Factorial
•
Factorial allocates 10 million to attract clients for its AIExpansion•Mar 17, 2026•Factorial, General Catalyst
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Factorial and Philenergy Sign MOU to Accelerate All-Solid-State Battery ManufacturingBatteriesnews•Feb 27, 2026•Factorial Energy, PhilEnergy Expo, Posco Future, Philenergy and 2 others
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Karma's New Hypercar Could Leapfrog Rivals With Battery DealCarscoop•Feb 07, 2026•Factorial, Karma Automotive, Factorial Energy
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POSCO Future M invests in Factorial for solid-state battery techThe Korea Times•Jan 27, 2026•Posco Future, Factorial, Factorial Energy
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FACTORIAL MANAGEMENT Ltd Acquires New Holdings in HDFC Bank Limited $HDBMarketBeat•Jan 24, 2026•HDFC, Factorial
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Factorial approaches 100 million in recurring revenue and enters GermanyExpansion•Sep 18, 2025•Factorial
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Factorial secures 110 million investment from General CatalystExpansion•Mar 19, 2025•Factorial, General Catalyst
•
General Catalyst Provides $120 Million To FactorialWebcapitalriesgo•Mar 19, 2025•Factorial, General Catalyst
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Factorial secures €110 million investment from General CatalystPressDigital•Mar 19, 2025•Factorial, General Catalyst
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