Factory
About Factory
Factory is a AI Agents startup based in New York, USA that has raised $150M in venture capital across 2 funding rounds since 2023. The company reached Series C stage in 2023 with a null round led by Sequoia Capital. Factory's investor base includes 8 institutional funds, with Khosla Ventures leading the most recent equity round.
Factory builds an autonomous software development platform powered by AI agents called Droids. The Droids handle the full software engineering lifecycle—coding, testing, code review, documentation, and deployment—enabling teams at enterprises like Nvidia, Adobe, EY, and Adyen to ship faster at scale.
Factory Funding Rounds Timeline
2 rounds · $150M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | 2023 | Undisclosed | — | Sequoia Capital | — |
| Series C | April 2026 | $150M | $1.5B | Khosla Ventures | Sequoia Capital, Insight Partners, Blackstone, Evantic Capital, 20VC, NEA, Mantis VC |
Investors in Factory
8 institutional investors across 2 rounds
Lead investors
Co-investors
Recent news about Factory
1 signals tracked
- FundingFactory Raises $150 Million Series C, Valued at $1.5 BillionApril 22, 2026
Questions about Factory
How much has Factory raised?
Factory has raised $150M across 2 funding rounds since 2023.
Who are the investors of Factory?
Factory's investors include Khosla Ventures, Sequoia Capital, Insight Partners, Blackstone, Evantic Capital, 20VC, NEA, Mantis VC.
When was Factory's last funding round?
Factory's most recent round was a null Seed in 2023, led by Sequoia Capital.
What is Factory's valuation?
Factory reached a $1.5B valuation (unicorn status) with its Seed round in 2023.
Where is Factory headquartered?
Factory is headquartered in New York, USA, and was founded in 2023 by Matan Grinberg, Eno Reyes.