About Faction
Faction is a company based in San Francisco (United States) founded in 2020 by Ain Mckendrick. It operates as a Mobility-as-a-Service and SaaS (Software-as-a-Service). Faction has raised $4.3 million across 4 funding rounds from investors including TDK Ventures, Ducera Partners and Trucks Venture Capital. Faction offers products and services including Driverless Vehicle Platform, Vehicle On-Demand, and Software Suite. Faction operates in a competitive market with competitors including Nuro, Dmall, ARRYVED, Ocado Group and Fabric, among others.
- Headquarter San Francisco, United States
- Founders Ain Mckendrick
- SectorsRetailTransportation, Automotive & Logistics Industrial Goods & Manufacturing
- Email••••••••
- Website faction.us
- Social LinkedIn X Facebook YouTube
- Legal Name Faction Technology, Inc.
- Total Equity Funding$4.3M (USD)
in 4 rounds
- InvestorsTDK Ventures
& 4 more
Products & Services of Faction
Faction offers a comprehensive portfolio of products and services, including Driverless Vehicle Platform, Vehicle On-Demand, and Software Suite.
Driverless solutions are provided for delivery and transport.
On-demand driverless vehicles are enabled for ride-share services.
Integration software is offered for fleet and order management.
Apps and channels of Faction
its YouTube channel Faction has 350 subscribers and 13 videos.
Videos from Faction
The most watched videos on Faction's YouTube channel, Faction (350 subscribers). Click a video to play it here.
More on Faction.
Funding Insights of Faction
Faction has successfully raised a total of $4.3M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.3M
- Total Rounds 4
- Investors Count 5
All 4 funding rounds of Faction with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | – | Series A | – | TDK Ventures | |
| Dec 2021 | – | Seed | – | TDK Ventures | – |
| Jun 2021 | $4.3M | Seed | – | Trucks Venture Capital, Fifty Years | – |
| Jun 2021 | – | Seed | – | Y Combinator | – |
5 investors in total: 5 institutional.
Investors in Faction
Faction has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include TDK Ventures, Ducera Partners and Trucks Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are invested in globally by TDK Ventures. | – | tdk-ventures.com | San Jose, United States | |
Tech and energy focused venture capital firm funding companies in the US and Asia | – | trucks.vc | San Francisco, United States | |
Venture capital firm focused on multiple sectors | – | fiftyyears.com | San Francisco, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Ducera Partners is engaged in providing financial advisory services. | – | ducerapartners.com | New York, United States |
Investor details for Faction
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Faction
4 people are tracked at Faction (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Ain Mckendrick | Founder & CEO | Leadership |
Antony Bichon | Director Vehicle Operations And Quality | Leadership |
Nick Kaeshko | Product | Team |
David Lombardi | Design And Creative Visualization | Team |
Complete people profiles for Faction
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Faction
3 dated milestones of Faction across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Faction is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
Competitors of Faction
Faction operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nuro, Dmall, ARRYVED, Ocado Group and Fabric, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nuro.ai | 2016 | Menlo Park, United States | $2.34B | 1,005 | AI-enabled autonomous vehicles are developed for local goods deliveries. | |
| dmall.com | 2015 | Budapest, Hungary | $518.5M | – | Cloud-based software suites are provided for retail businesses. | |
| arryved.com | 2015 | Boulder, United States | $27.94M | 93 | POS solutions are provided for bar and beverage industry. | |
| ocadogroup.com | 2000 | Hatfield, United Kingdom | – | 20,132 | Software solutions for online grocery fulfillment and operations are provided. | |
| getfabric.com | 2015 | Tel Aviv, Israel | $336M | – | AI-based robots are provided for logistics micro-fulfillment operations. | |
| darkstore.com | 2016 | San Francisco, United States | $30.17M | 97 | Outsourced fulfillment services are provided for digitally native brands. | |
| einride.tech | 2016 | Stockholm, Sweden | $460.45M | – | Autonomous electric trucks are manufactured for freight and emissions management. | |
| dumpling.us | 2017 | Seattle, United States | $14.5M | 1 | Provider of e-commerce solutions for grocery retailers | |
| serverobotics.com | 2021 | United States | $56M | – | Autonomous delivery robots are developed for food and parcel services. |
Detailed competitors of Faction
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Faction
The website of Faction (faction.us) receives about 4.8K visits a month.
- Monthly visits4.8K
▲ 35.6% vs previous month
Latest news on Faction
Complete news archive for Faction
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Faction
10 companies that operate in the same segment as Faction (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | – | – | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | – | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Finland | USD 816.41 M | – | – |
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Frequently Asked Questions about Faction
Faction was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Faction is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ain Mckendrick is the current CEO of Faction. They have also founded this company.
Faction is a funded company, having raised a total of $4.3M across 4 funding rounds to date.
Faction is engaged in developing driverless vehicle platforms for various applications. Solutions are provided for last-mile delivery, vehicle on-demand services, and fleet operations across industries like grocery, fast food, and delivery fleets. Autonomous technology is integrated with micro electric vehicles to ensure zero-emission operations. The companys software suite is designed for seamless integration with existing fulfillment and order management systems. A pragmatic approach to autonomy is adopted, combining baseline autonomy with trajectory-based assist systems for quick deployment. Operations are supported in controlled environments such as airfields and commercial areas, focusing on efficiency, cost-effectiveness, and carbon neutrality.
Faction offers Driverless Vehicle Platform, Vehicle On-Demand, and Software Suite.
Faction has 5 investors. Key investors include TDK Ventures, Ducera Partners, Trucks Venture Capital, Fifty Years, and Y Combinator.
Faction operates through Faction Technology, Inc..