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Factory Funding Rounds & Valuation History (2024–2026)

Private Valuation & Funding Round Tracker · Factory

Factory funding rounds & valuation history

Factory, the San Francisco company behind “Droids”, autonomous AI coding agents that write, test and review software for enterprise engineering teams. Funding from the Series A (Jun 2024) to the Growth round (Sep 2026), sourced to Factory, TechCrunch and NEA.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
$5B
$200M Growth round (Sep 2026)
Raised in rounds listed
$415M
Sum of 4 closed rounds with a disclosed amount (GNF calc.)
Largest round
$200M
Growth round (Sep 2026)
Closed rounds listed
4
Jun 2024 to Sep 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Factory funding rounds, Jun 2024 to Sep 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Growth round (Sep 2026)From Blackstone, Khosla Ventures, Sequoia, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC and Clearlake (Factory); no lead named.
$200M
—Not disclosed
$5BStated by Factory3.33× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Factory, 15 Sep 2026
Closed round
Series C
$150M
Khosla Ventures
$1.5BStated by Factory5.00× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Factory, 16 Apr 2026Also: TechCrunch, 16 Apr 2026
Closed round
Series BFactory listed NEA, Sequoia, J.P. Morgan, NVIDIA and others as leading.
$50M
NEAWith: Sequoia Capital
$300MStated by Factory2.50× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Factory, 25 Sep 2025Also: NEA, Sep 2025
Closed round
Series AWith Lux Capital and Mantis VC.
$15M
Sequoia Capital
$120MStated by Factory
—Not disclosedNo run-rate stated in the announcement
Factory, 18 Jun 2024
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Sources: Factory, TechCrunch, NEA. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 18 Jun 2024 · Closed

    Series A: $15M at $120M led by Sequoia Capital.

  2. 25 Sep 2025 · Closed

    Series B: $50M at $300M led by NEA.

  3. 16 Apr 2026 · Closed

    Series C: $150M at $1.5B led by Khosla Ventures.

  4. 15 Sep 2026 · Closed

    Growth round (Sep 2026): $200M at $5B.

Still private: Factory has not filed for an IPO and has not been acquired.

Cite this dataset

Free to quote with a link back. Copy this citation:

Factory Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/factory-ai/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
factory-ai-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/factory-ai-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The seed round, and secondary sales.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Factory: Factory raises $200M at $5B valuation, 15 Sep 2026
  2. Factory: Factory raises $150M Series C, 16 Apr 2026
  3. TechCrunch: Factory hits $1.5B valuation to build AI coding for enterprises, 16 Apr 2026
  4. Factory: Factory Raises $50M Series B, 25 Sep 2025
  5. NEA: Factory: The Platform for Agent-Native Development, Sep 2025
  6. Factory: Factory Raises $15M Series A from Sequoia, 18 Jun 2024