Factory - About the company
Factory is a series C company based in San Francisco (United States), founded in 2023 by Eno Reyes and Matan Grinberg. It operates as a Developer of artificial intelligence solutions for industrial automation and optimization. Factory has raised $220M in funding from investors like Sequoia Capital, Khosla Ventures and Lux Capital, with a current valuation of $1.5B. The company has 476 active competitors, including 69 funded and 14 that have exited. Its top competitors include companies like Lightning, Anyscale and Weights & Biases.
Sectors and market segments that Factory operate in
Factory serves in the High Tech, Native AI market segments.The primary business model of Factory are:Company Details
Developer of artificial intelligence solutions for industrial automation and optimization. It provides tools for process improvement and predictive maintenance. The company focuses on creating adaptable systems for various manufacturing environments. Its offerings aim to enhance efficiency and reduce operational costs.
- Website
- factory.ai
- Social
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Series C
Total Funding
$220M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Apr 20, 2026
Investors
Ranked
5th among 476 active competitors
Employee Count
1,544 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Factory
Factory is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
THE SAN FRANCISCO AI FACTORY INC. CIN: 7410340 , United States, Active | Apr 16, 2023 | - | - | - |
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Factory's funding and investors
Factory has raised a total funding of $220M over 5 rounds. Its first funding round was on 2023. Its latest funding round was a Series C round on Apr 16, 2026 for $150M. 8 investors participated in its latest round. Factory has 18 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Factory:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2026 | $150M | Series C | $1.5B | - | ||
Sep 25, 2025 | $50M | Series B | $300M | - | - | |
Jun 18, 2024 | $15M | Series A | $120M | - |
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Factory's founders and board of directors
Founder? Claim ProfileHere are the details of Factory's key team members:
- Eno Reyes: Co-Founder & CTO of Factory. Contact Info: 1 email address
- Matan Grinberg: Co-Founder & CEO of Factory. Contact Info: 1 email address
View details of Factory's Founder profiles and Board Members
Factory's employee count trend
Factory has 1,544 employees as of Aug 26. Here is Factory's employee count trend over the years:
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Factory's Competitors and alternates
Top competitors of Factory include Lightning, Anyscale and Weights & Biases. Here is the list of Top 10 competitors of Factory, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Lightning 2017, New York City (United States), Series C | Provider of low code AI application development software | $127M | 76/100 | |
2nd | Anyscale 2019, San Francisco (United States), Acquired | Provider of an AI-based open source framework for building distributed applications | $281M | 73/100 | |
3rd | Weights & Biases 2017, San Francisco (United States), Acquired | Provider of machine learning model development and management solutions | $250M | 72/100 | |
4th |  DataRobot 2012, Boston (United States), Series G | Provider of an agent workforce platform for enterprise artificial intelligence | $1.05B | 71/100 | |
5th |  Factory 2023, San Francisco (United States), Series C | Developer of artificial intelligence solutions for industrial automation and optimization | $220M | 70/100 | |
6th | Modular 2017, Mountain View (United States), Acquired | Developing next-generation AI development platform | $380M | 69/100 | |
7th |  Kumo 2021, Mountain View (United States), Acquired | Provider of a SaaS-based platform for enterprises for analytics | $37M | 69/100 | |
8th |  Abacus.AI 2019, San Francisco (United States), Series C | Provides AI based data models creation for data science | $90.3M | 66/100 | |
9th |  Graft 2021, San Francisco (United States), Acquired | Developer of an AI platform for enterprise knowledge management and search | $29M | 66/100 | |
10th | Veritone 2014, Irvine (United States), Public | Platform offering AI and cloud-based cognitive analytics platform for audio and video content | $15M | 66/100 |
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Factory's Investments and acquisitions
Factory has made 2 investments in Gimlet Labs and Sundeck. Factory has not made any acquisitions as of now.Reports related to Factory
Here is the latest report on Factory's sector:
News related to Factory
Filter this listMedia has covered Factory for a total of 20 events in the last 1 year, 5 of them have been about partnerships and 3 about company updates.
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Factory and Carahsoft Partner to Bring Agent-Native Software Development to the Public SectorGlobeNewswire•Sep 03, 2026•Carahsoft, Factory, Factory
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Hexaware and Factory Partner to Bring Agent-native Development to Global EnterprisesPR Newswire•Jul 16, 2026•Factory, Hexaware, Factory, Factory
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Pocket FM Shuts Pocket TV Despite India’s Microdrama BoomBusiness Insider•Jun 15, 2026•Khosla Ventures, Sequoia Capital, Blackstone, Factory
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Factory Appoints Madison Faulkner as Head of Strategy, Welcomes AI Veteran Lila Tretikov to BoardMarTech Series•May 27, 2026•Factory
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AI Infrastructure Startup Factory Raises $150m Series C Led by Khosla at $1.5 Billion ValuationCrowdfund Insider•Apr 20, 2026•Factory, Khosla Ventures, Sequoia Capital, Insight Partners and 7 others
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Cursor in talks to raise $2B at $50B valuation as revenue surges and AI coding wars heat upTechStartups.com•Apr 17, 2026•Cursor, Factory
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Blackstone Considers $2B IPO to Lead AI Infrastructure BoomPYMNTS.com•Apr 10, 2026•Blackstone, Factory, Sequoia Capital, Insight Partners and 1 other
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Wipro Partners with AI Startup Factory to Advance Agent‑Native Software Development GloballyIndianWeb2•Jan 29, 2026•Factory, Wipro
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Factory constructs $4.69 million Series A for US ambitionsStartup Daily•Jan 28, 2026•Shearwater Capital, Factory, Investible, Beachhead Venture Capital
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