About FactoryHQ
FactoryHQ is a venture capital firm founded in 2021. It is primarily based out of Menlo Park, United States. As of Sep 2026, FactoryHQ is an active investor, having invested in 22 companies, with 6 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Food and Agriculture Tech. Most recently it participated in the $***** Seed round of Noetive Overall, FactoryHQ portfolio has seen 3 unicorns and 4 acquisitions including key companies like Together AI, Modular and Virtue AI. A lot of funds co-invest with FactoryHQ, with names like General Catalyst sharing a substantial percentage of its portfolio. FactoryHQ has team of 5 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Deals in last 12 months
FactoryHQ's List of Top Investments
FactoryHQ has a portfolio of 22 companies, including 3 unicorns. Their most notable investments are in Vori and Flip.Their portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, Food and Agriculture Tech and 7 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by FactoryHQ:1. Together AI
Provider of a platform for developing, fine-tuning, and deploying AI models. The platform offers tools for model evaluation, code execution, and finding appropriate models for specific use cases. It provides access to GPU cloud services, including instant and reserved clusters. The platform supports model training, inference, and pre-training.
Key facts about Together AI
- Founded Year: 2022
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $1.33B
- Employee Count: 436 as on Aug 31, 2026
- Investors: Emergence Capital, Salesforce Ventures and 34 Others
- Latest Funding Round: Series C, Jul 01, 2026, $*****
- Highlight: Editors' Pick
2. Modular
Offering next-generation AI development platform. The platform is able to integrate well-liked AI framework front-ends and improves access and portability to a variety of hardware backends and cloud settings. This platform is made up of interchangeable, modular parts that may be combined and extended to support a wide range of use cases, allowing domain experts to innovate without having to be familiar with how the entire system operates.
Key facts about Modular
- Founded Year: 2017
- Location: Mountain View (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $380M
- Employee Count: 376 as on Sep 30, 2026
- Investors: Sherpalo Ventures, DFJ Growth and 8 Others
- Latest Funding Round: Series C, Sep 24, 2025, $*****
- Highlight: Acquired
3. Artera
AI-derived prognostic biomarker test for cancer detection. The company offers an AI-enabled test called the ArteraAI prostate test, which provides predictive and prognostic results for patients with localized prostate cancer. The test analyzes multiple characteristics of the individual patient, empowering doctors with personalized data for treatment planning.
Key facts about Artera
- Founded Year: 2021
- Location: Menlo Park (United States)
- Stage: Series A
- Total Funding till date: $135M
- Employee Count: 152 as on Aug 31, 2026
- Investors: Yali Capital, Walden Catalyst and 23 Others
- Latest Funding Round: Series A, Feb 01, 2024, $*****
- Highlight: Editors' Pick
4. Cartesia
Provider of real-time text-to-speech API with AI laughter and emotion. The company offers models, agents, and solutions for various applications. These include customer service, healthcare, gaming, and logistics. It provides voice cloning and supports multiple languages. The company focuses on developer-first, enterprise-ready solutions with API and SDK integration.
Key facts about Cartesia
- Founded Year: 2023
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $86M
- Employee Count: 155 as on Aug 31, 2026
- Investors: Dell Technologies Capital, Ericsson and 11 Others
- Latest Funding Round: Series A, Mar 11, 2025, $*****
- Highlight: Editors' Pick
5. Opaque
Cloud and AI based analytics for encrypted cloud data. It provides a data encryption platform for unlocking confidential data. The platform also makes confidential data useful by enabling secure analytics and machine learning on encrypted data that comes from one or more sources. The features of the software include secured cloud collaboration, compliance management, structured data processing, etc.
Key facts about Opaque
- Founded Year: 2019
- Location: Berkeley (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $55.5M
- Employee Count: 53 as on Aug 31, 2026
- Investors: Storm Ventures, Clear Ventures and 10 Others
- Latest Funding Round: Series B, Feb 12, 2026, $*****
- Highlight: Editors' Pick
FactoryHQ's Year-on-Year Investment Trends
FactoryHQ has invested in 22 companies over the last 4 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 7 investments in this year. Its most recent first time investment was in Noetive and most recent follow-on round was in Gimlet Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
2025 | 2 | 2 | 4 |
2024 | 3 | 1 | 4 |
2023 | 8 | 0 | 8 |
2022 | 4 | 2 | 6 |
FactoryHQ's Investments by Stage
FactoryHQ has made 12 investments in Seed stage with an average round size of $14.5M, 6 investments in Series A stage with an average round size of $41M, 3 investments in Series B stage with an average round size of $115M and 1 investment in Series C stage with an average round size of $98M.Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Series A | 6 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
FactoryHQ's Investments by Sector
FactoryHQ has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Artificial Intelligence - Industry Applications and Life Sciences. Notably, it has invested in 21 Software companies, 21 Tech companies, 20 Enterprise (B2B) companies and at least 14 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 20 |
High Tech | 16 |
Enterprise Infrastructure | 6 |
Artificial Intelligence - Industry Applications | 4 |
Life Sciences | 3 |
Others | 13 |
Note: We have considered here, only first round of investments
FactoryHQ's Investments by Geography
FactoryHQ has made most investments in United States (21).FactoryHQ's recent investments
FactoryHQ has made 7 investments in 2026 so far. Noetive and Gimlet Labs are the latest among them.Here are the most recent investments by FactoryHQ:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 16, 2026 | United States | Seed | 3784 | [+7] | |
Sep 04, 2026 | United States | Series B | 4146 | [+16] | |
Aug 26, 2026 | - | Seed | 7751 | [+12] | |
Jul 30, 2026 | United States | Series B | 1195 | [+5] | |
Jun 23, 2026 | United States | Series C | 7166 | [+7] |
Unicorns in FactoryHQ's Portfolio
FactoryHQ has 3 unicorns in its portfolio - Gimlet Labs, Simile and Together AI. The most recent unicorn in their portfolio is Gimlet Labs. It became a unicorn in 2026.Here is a list of unicorns in FactoryHQ's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Developer of software to deploy and monitor AI applications across fleets | 1990 | San Francisco | Series B | dw{aobb | ||
43 | Developer of artificial intelligence models simulating human behavior at scale | 2025 | Palo Alto | Series B | hrvlmip | ||
75 | Provider of a platform for developing, fine-tuning, and deploying AI models | 2022 | San Francisco | Series C | njpxukm |
Acquired companies in FactoryHQ's Portfolio
4 companies from FactoryHQ's portfolio have been acquired. The most recent acquisition was Virtue AI in Aug 2026 by Fortinet for $*****.Here are FactoryHQ's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 17, 2026 | Apr 15, 2025 | Seed | 4414 | |
Jun 24, 2026 | Aug 24, 2023 | Series B | 1893 | |
Apr 09, 2026 | Oct 15, 2024 | Series B | 1396 | |
Jun 25, 2025 | May 12, 2022 | Seed | 1794 |
Team profile of FactoryHQ
FactoryHQ has a team of 5 members including 4 Partners located in United States. FactoryHQ's team sits on the board of 1 company.Here is a list of all team members in FactoryHQ:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | - | - | ||
Partner | - | - | - | |
Partner | San Jose | - | - |
Co-investors of FactoryHQ
Over the past 4 years, 205 investors have co-invested in FactoryHQ's portfolio companies. This includes funds and angels.
- Invested before FactoryHQ: Greylock Partners, Google Ventures and 25 others have invested in rounds before FactoryHQ. There are 2 companies where Greylock Partners has invested before FactoryHQ and 1 company where Google Ventures has invested before FactoryHQ.
- Top Co-investors of FactoryHQ: 115 investors entered a company along with FactoryHQ. These include investors like General Catalyst (4 companies).
- Invested after FactoryHQ: A total of 63 investors have invested in FactoryHQ's portfolio after their investments. Top Investors include Emergence Capital (2 companies), Kleiner Perkins (2 companies) and Prosperity7 Ventures (2 companies).
Recent News related to FactoryHQ
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Vori Raises $22M to Build the Operating System for the World's Grocery StoresPR Newswire•May 06, 2026•Vori, Cherryrock Capital, Greylock Partners, FactoryHQ and 2 others
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Gimlet Labs Receives $80M in Funding for Multichip Inference CloudSiliconAngle•Mar 24, 2026•Gimlet Labs, Menlo Ventures, Eclipse, Triatomic and 2 others
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Zapia Raises Additional $7.25M in Seed FundingFinSMEs•May 12, 2025•Zapia, Prosus, Endeavor, Anthos Capital and 2 others
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Virtue AI Raises $30 Million in Seed and Series A Funding to Bridge the Critical AI Security GapBakersfield•Apr 15, 2025•Virtue AI, Lightspeed Venture Partners, Walden Catalyst, Osage University Partners and 3 others
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Galileo Raises $45M Series B FundingAPMdigest•Nov 04, 2024•Galileo AI, Scale Venture Partners, Premji Invest, Databricks and 8 others
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BrainLogic AI, Uruguayan company, finalizes round of US$ 5 millionFusoes & Aquisicoes•Aug 22, 2023•FactoryHQ, BrainLogic, Anthos Capital, Kalei Ventures and 3 others
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Personal assistant on WhatsApp This startup raised US$ 5 million to offer the service to LatinosExame•Aug 21, 2023•OpenAI, BrainLogic, Zapia, FactoryHQ
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Numbers Station raises $17.5M to bring AI to your data stackTechCrunch+•Mar 20, 2023•Numbers Station, Madrona, Norwest Venture Partners, Thevcfactory and 1 other
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Atomic AI Raises $35M in Series A FinancingApkaHindiBlog•Jan 26, 2023•Atomic AI, Indoorplaygroundsinternational, 8VC, Greylock Partners and 4 others
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Vori Secures $10 Million in Series A Funding to Transform GroceryPRWeb•Aug 03, 2022•Vori, FactoryHQ, Greylock Partners, E²JDJ and 3 others
