When was Factory founded?

Factory was founded in 2023 and became a unicorn in 2026.

Where is Factory located?

Factory is headquartered in San Francisco, United States.

Who is the current CEO of Factory?

Matan Grinberg of Factory. They have also founded 1 company.

How many employees does Factory have?

As of Jun 30, 2026, the latest employee count at Factory is 1390.

Is Factory a funded company?

Factory is a funded company, having raised a total of $220M across 5 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on 2023.

How much is Factory worth?

The latest valuation of Factory is $1.5B as of Apr 19, 2026.

When was the latest funding round of Factory?

Factory's latest funding was a $150M Series C round on Apr 16, 2026, with participation from 8 investors. Its primary sector is AI Infrastructure. In United States, the AI Infrastructure sector has seen $249B in funding in 2026 to date.

Is Factory a AI Infrastructure company?

The primary sectors of Factory are AI Infrastructure, Agentic AI and Artificial Intelligence.

Where does Factory rank among its competitors?

Factory ranks 6th amongst 485 active competitors, of which 68 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Factory, which secured $150M in Apr, 2026.

Who are the top competitors of Factory?

Factory's top competitors include Lightning, Weights & Biases and DataRobot. Among them, Factory secured the most recent funding round in April, 2026.

Factory - 2026 Company Profile, Team, Funding & Competitors

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 485 active competitors, including 68 funded and 13 that have exited. Its top competitors include companies like Lightning, Weights & Biases and DataRobot.

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
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Key Metrics

Founded Year

2023

Location

San Francisco, United States

Stage

Series C

Total Funding

$220M in 5 rounds

Latest Funding Round

Series C, Apr 16, 2026, $150M

Post Money Valuation

$1.5B as on Apr 19, 2026

Investors

Sequoia Capital & 22 more

Ranked

6^th among 485 active competitors

Employee Count

1,390 as on Jun 30, 2026

Investment & Acquisitions

Sundeck

Similar Companies

Lightning & 1093 more

View Factory's full profile

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	-	-	-

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 17 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Factory:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 16, 2026	$150M	Series C	$1.5B	-	Khosla Ventures	Sequoia Capital, Blackstone, Insight Partners, Abstract Ventures, 20VC Fund, New Enterprise Associates, Mantis VC
Sep 25, 2025	$50M	Series B	$300M	-	-	New Enterprise Associates, Sequoia Capital, J P Morgan, Nvidia, Abstract, Mantis VC, Frank Slootman, Nikesh Arora, Aaron Levie
Jun 18, 2024	$15M	Series A	$120M	-	Sequoia Capital	Mantis VC, Lux Capital

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View details of Factory's funding rounds and investors

The founders of Factory are Eno Reyes and Matan Grinberg. Matan Grinberg is the CEO of Factory.

Here 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 1,390 employees as of Jun 26. Here is Factory's employee count trend over the years:

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Top competitors of Factory include Lightning, Weights & Biases and DataRobot. Here is the list of Top 10 competitors of Factory, ranked by Tracxn score:

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	Cisco Investments, NVentures & 11 others	76/100
2nd	Weights & Biases 2017, San Francisco (United States), Acquired	Provider of machine learning model development and management solutions	$250M	Insight Partners, Bond Capital & 20 others	72/100
3rd	DataRobot 2012, Boston (United States), Series G	Provider of an agent workforce platform for enterprise artificial intelligence	$1.05B	New Enterprise Associates, Sapphire Ventures ... & 77 others	71/100
4th	Abacus.AI 2019, San Francisco (United States), Series C	Provides AI based data models creation for data science	$90.3M	Tiger Global Management, Coatue & 22 others	71/100
5th	Anyscale 2019, San Francisco (United States), Acquired	Provider of an AI-based open source framework for building distributed applications	$281M	Andreessen Horowitz, New Enterprise Associates ... & 12 others	70/100
6th	Factory 2023, San Francisco (United States), Series C	Developer of artificial intelligence solutions for industrial automation and optimization	$220M	New Enterprise Associates, Insight Partners ... & 21 others	69/100
7th	Modular 2017, Mountain View (United States), Acquired	Developing next-generation AI development platform	$380M	Google Ventures, Usitfund & 7 others	69/100
8th	Kumo 2021, Mountain View (United States), Acquired	Provider of a SaaS-based platform for enterprises for analytics	$37M	Sequoia Capital, A.Capital Ventures & 16 others	69/100
9th	Tecton 2019, San Francisco (United States), Acquired	Provider of a platform for building machine learning models	$160M	Andreessen Horowitz, Kleiner Perkins & 9 others	66/100
10th	Graft 2021, San Francisco (United States), Acquired	Developer of an AI platform for enterprise knowledge management and search	$29M	Google Ventures, Radical Ventures & 5 others	66/100