Factorial

HR TechBarcelona, SpainFounded 2016
🦄 Unicorn
$420M$220M equity · $200M debt
Total raised
7
Rounds
Series C
Stage
Atomico
Last lead
Algorithmic summary

About Factorial

Factorial is a HR Tech startup based in Barcelona, Spain that has raised $420M in venture capital across 7 funding rounds since 2016. The company reached Series C stage in October 2022 with a $120M round led by Atomico at a $1B valuation. Factorial's investor base includes 9 institutional funds, with Atomico leading the most recent equity round.

Factorial is an all-in-one HR software platform that helps small and medium businesses manage payroll, time tracking, performance, and employee documents. Founded in Barcelona in 2016, the company serves more than 8,000 companies across 65 countries.

Funding rounds

Factorial Funding Rounds Timeline

7 rounds · $420M raised · since 2016

RoundDateAmountValuationLead investorCo-investors
DebtDebtMarch 2025$120MGeneral Catalyst
DebtDebtApril 2024$80MGeneral Catalyst
Series COctober 2022$120M$1BAtomicoGIC, Tiger Global Management, CRV, K Fund, Creandum
Series BSeptember 2021$80M$530MTiger Global ManagementCreandum, Point Nine, K Fund, CRV
Series AApril 2020$16MCRVCreandum, Point Nine, K Fund
Series A (extension)October 2018$3.25MCreandum, Point Nine, K Fund
Seed2017UndisclosedCreandumBonsai Partners, K Fund
Investor network

Investors in Factorial

9 institutional investors across 7 rounds

Lead investors

Atomico
Lead · Series C
General Catalyst
Lead · Debt 2024, Debt 2025
Tiger Global Management
Lead · Series B
CRV
Lead · Series A
Creandum
Lead · Seed

Co-investors

GIC
Series C
Point Nine
2 rounds · Series A, Series B
K Fund
4 rounds · Seed, Series A, Series B, Series C
Bonsai Partners
Seed
Frequently asked

Questions about Factorial

How much has Factorial raised?

Factorial has raised $420M across 7 funding rounds since 2016.

Who are the investors of Factorial?

Factorial's investors include Atomico, General Catalyst, Tiger Global Management, CRV, Creandum, GIC, Point Nine, K Fund, Bonsai Partners.

When was Factorial's last funding round?

Factorial's most recent round was a $120M Debt in March 2025, led by General Catalyst.

What is Factorial's valuation?

Factorial reached a $1B valuation (unicorn status) with its Series C round in October 2022.

Where is Factorial headquartered?

Factorial is headquartered in Barcelona, Spain, and was founded in 2016 by Jordi Romero, Pau Ramón, Bernat Farrero.