About Factor
Factor is a company based in Finland founded in 2022 by Kurapika. It operates as a API-as-a-Product, Freemium, and FinTech. Factor offers products and services including Factor Discover, Factor Studio, Factor SDK, and Factor Contracts. Factor operates in a competitive market with competitors including zbyte, Forward Protocol, Ironforge, GraphLinq and Astrakode, among others.
- Headquarter Finland
- Founders Kurapika
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$7.58 M (USD), Token Sale
Feb 24, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Factor
Factor offers a comprehensive portfolio of products and services, including Factor Discover, Factor Studio, Factor SDK, and Factor Contracts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Community-curated strategies are deposited for automated DeFi yields.
Drag-and-drop DeFi strategies are built and shared easily.
Custom DeFi strategies are developed and deployed quickly.
Secure ERC4626-compliant vaults are deployed with protocol adapters.
Funding Insights of Factor
- Total Funding Total Funding
- Total Rounds 1
- Last Round Token Sale — $7.6M
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First Round
First Round
(24 Feb 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Token Sale - Factor | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Factor
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Factor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Factor Comparisons
Competitors of Factor
Factor 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 zbyte, Forward Protocol, Ironforge, GraphLinq and Astrakode, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Blockchain-powered applications are developed on the zbyte platform.
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Blockchain-based no-code toolkit for app deployment
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Blockchain applications are developed and managed through an online platform.
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| domain | founded_year | HQ Location |
Blockchain apps are developed and automated via no-code platform.
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| domain | founded_year | HQ Location |
Blockchain as a service is provided via no-code development platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Factor
Frequently Asked Questions about Factor
When was Factor founded?
Factor was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Factor located?
Factor is headquartered in Finland.
What does Factor do?
Factor is established as a leading platform in the DeFi space, enabling the creation and distribution of automated, permissionless strategies across various protocols. Solutions are provided for depositors, strategists, developers, and builders through tools like Factor Discover, Studio, SDK, and Contracts. The platform is designed to connect protocols, creators, and users, fostering infinite earning opportunities within the decentralized finance sector. Emphasis is placed on no-code strategy creation and modular DeFi actions, ensuring accessibility and efficiency across multiple chains.
Who are the top competitors of Factor?
Factor's top competitors include Ironforge, zbyte and Forward Protocol.
What products or services does Factor offer?
Factor offers Factor Discover, Factor Studio, Factor SDK, and Factor Contracts.