About Factor
Factor is a company based in Belfast (United Kingdom) founded in 2019. It operates as a AI-as-a-Service, Professional Services, and Managed Services. Factor has raised $36.32 million across 1 funding round. The company has 253 employees. Factor has completed 1 acquisition, including Theory and Principle. Factor offers products and services including AI-Integrated Contracting, SenseDesk, and Legal Operations Consulting. Factor operates in a competitive market with competitors including LegalShield, ABC Legal, Enlyte, Legasis and Aatos, among others.
- Headquarter Belfast, United Kingdom
- Employees 253
- SectorsProfessional & Legal Services
- Phone•••• ••••
- Website factor.law
- Social LinkedIn X
- Legal Name Factor Law Ltd
- Date of Incorporation 21 Jan, 2019
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$32.07 M (USD)49as on Dec 31, 2021
- Net Profit$491.74 K (USD)-13as on Dec 31, 2021
- EBITDA$652.07 K (USD)-16as on Dec 31, 2021
- Total Equity Funding$36.32M (USD)
in 1 rounds
- Latest Funding Round$36.32M (USD), Series C
Oct 2020
- Employee Count253
- Investments & Acquisitions
Products & Services of Factor
Factor offers a comprehensive portfolio of products and services, including AI-Integrated Contracting, SenseDesk, and Legal Operations Consulting.
AI tools are used to enhance contracting processes.
Instant AI tools are provided for contract lifecycle.
Advisory services are offered for legal model evolution.
Funding Insights of Factor
Factor has successfully raised a total of $36.32M through 1 strategic funding round. The most recent funding activity was a Series C round of $36.32 million completed in October 2020. 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 $36.32M
- Total Rounds 1
- Last Round Series C — $36.32M
- First Round $36.32M
(Oct 2020)
All 1 funding rounds of Factor 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 2020 | $36.32M | Series C | – | – | – |
People of Factor
72 people are tracked at Factor (15 in leadership, 3 in board & advisors, 54 in team); the tracked headcount is 253.
| Name | Role | Group |
|---|---|---|
Varun Mehta | CEO | Leadership |
Sarah Agnew | Senior HR Business Partner | Leadership |
Lauren Ross | Head Of Recruitment- US & Poland | Leadership |
Bryan Carson | Director | Leadership |
Sarah McAvoy | Legal Director | Leadership |
Sumera Hassan | Senior Vice President, Global Head Of People | Leadership |
Ashley Infantino | Senior Director, Head Of Marketing | Leadership |
Chris Deconti | Co-founder And Head Of Strategy | Leadership |
Judy Norton | Chief Of Staff To The CEO | Leadership |
Taylor Coy | Human Resources Business Partner | Leadership |
Hitesh Talwar | Vice President, Applied AI And R&d | Leadership |
Nigel Brannigan | Director | Leadership |
Alan Angell | Vice President - APAC Market Leader | Leadership |
Nimal Hemelge | Director, Practice Operations Lead & Delivery Executive | Leadership |
Bryan Koehler | Chief Financial Officer | Leadership |
Carol Lindstrom | Director | Board & advisors |
Mark Harris | Chairman | Board & advisors |
Andrew Ballheimer | Director | Board & advisors |
Joy Bose | Associate - Contract Management I | Team |
Gemma Markham | Senior Associate, Project Management | Team |
52 more people are available in the full profile.
Complete people profiles for Factor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Factor
Factor has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Theory and Principle.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital products for legal firms are designed and developed. | theoryandprinciple.com | Portland, United States | 2017 | Feb 2025 | •••• |
Complete acquisition details for Factor
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of Factor
3 dated milestones of Factor across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Factor is founded.
- Funding First funding round of $36.3M.
- Acquisition Acquires Theory and Principle.
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 LegalShield, ABC Legal, Enlyte, Legasis and Aatos, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| legalshield.com | 1972 | Ada, United States | – | – | Legal consultation services are accessed via vetted law firms. | |
| abclegal.com | 1974 | Seattle, United States | – | 498 | E-filing platform for legal case data and documents is provided. | |
| enlyte.com | 2002 | San Diego, United States | – | – | Integrated solutions for P&C insurance claims management are offered. | |
| legasis.in | 2006 | Mumbai, India | $1.58M | 103 | Cloud-based software for enterprise legal management is offered. | |
| aatos.app | 2018 | Helsinki, Finland | $1.41M | – | Tech-enabled legal services are offered via an online platform. | |
| domesticalegal.com.br | 2004 | – | – | – | Offers payroll management and regulatory services for domestic employment in Brazil. | |
| rightmart.de | 2015 | Bremen, Germany | $30.63M | – | Provider of consumer law services |
Detailed competitors of Factor
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Factor
The website of Factor (factor.law) receives about 8.8K visits a month.
- Monthly visits8.8K
Latest news on Factor
Complete news archive for Factor
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 Factor
10 companies that operate in the same segment as Factor (Legal Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Legal practice management software is provided for law firm operations. | 2007 | Burnaby, British Columbia, Canada | USD 1.79 B | – | – | |
AI-powered software for contract drafting and management is provided. | 2017 | India | USD 112.95 M | USD 2.43 M | 162 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered ediscovery platform streamlines investigations and workflows. | 2012 | Houston, Texas, United States | USD 194.03 M | USD 156.85 M | 561 | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | – | |
Cloud-based legal management and data services are provided for businesses. | 2008 | Toronto, Ontario, Canada | – | USD 7.63 B | 26,400 | |
AI-driven legal research platform for attorneys is operated. | 2013 | San Francisco, California, United States | USD 67.83 M | – | – | |
Online legal services are offered to businesses and families. | 2008 | San Francisco, California, United States | USD 288.44 M | – | – | |
SaaS-driven property management software for owners and residential property managers | 2006 | Santa Barbara, California, United States | USD 30 M | USD 950.82 M | 1,630 |
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Frequently Asked Questions about Factor
Factor was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Factor is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Varun Mehta is the current CEO of Factor.
Factor is a funded company, having raised a total of $36.32M across 1 funding round to date. The company's 1st funding round was a Series C of $36.32M, raised on Oct 2020.
Factor has 253 employees.
Annual revenue of Factor is $32.07M as on Dec 31, 2021.
Factor is involved in modernizing legal operations through AI integration. Services are provided across contract management, legal operations consulting, and AI enablement. The company operates in sectors like clinical trial agreements, commercial contracts, and capital markets. AI-driven tools and solutions are developed to accelerate contract lifecycles and enhance efficiency. A hybrid workforce model is supported by combining legal expertise with technology. Factor also fosters innovation through communities and training programs like Sense Collective and Sensemaker Academy.
Factor's top competitors include ABC Legal, LegalShield and Legasis.
Factor offers AI-Integrated Contracting, SenseDesk, and Legal Operations Consulting.
Factor has made 1 acquisition, including Theory and Principle.
Factor operates through Factor Law Ltd.