About Factored Quality
Factored Quality is a Retail company based in New York (United States) founded in 2020 by Prince Ghosh and Lucas Fridman. Provider of end-to-end quality control management for DTC and e-commerce brands. It operates in the Retail and Technology sectors. Factored Quality has raised $7.1 million across 2 funding rounds from investors including Very Great, VINYL and Pari Passu Venture Partners. Factored Quality offers products and services including FQ Platform, Custom Inspection Checklists, and Digital QC Management. Its focus areas include E-Commerce Enablers, Operations Management, Diversified and Brands Tech. Its legal entity is Factored Quality Inc. Its competitors include Printful, REEF and Dematic; 3 of its 3 listed competitors have raised funding.
Company details
Factored Quality was founded in 2020 and is based in New York, United States. Quality control services are offered to direct-to-consumer and e-commerce brands, encompassing product testing, inspection, and auditing. Third-party inspectors can be booked for factory evaluations, specific dates, and product specifications. Operations focus on streamlining quality assurance processes within the e-commerce sector.
- Headquarters New York, United States
- Founders Prince Ghosh, Lucas Fridman
- SectorsRetailTechnology
- Website factoredquality.com
- Social LinkedIn
- Legal Name Factored Quality Inc
- Total Equity Funding$7.1M (USD)
in 2 rounds
- Latest Funding Round$1.5M (USD), Series A
Jul 2023
- InvestorsVery Great
& 6 more
Products & Services of Factored Quality
Factored Quality offers a comprehensive portfolio of products and services, including FQ Platform, Custom Inspection Checklists, and Digital QC Management.
Unified platform for managing quality control and compliance operations
Tools for building tailored QC and compliance checklists
System for streamlining inspections and analytics in global operations
Funding Insights of Factored Quality
Factored Quality has successfully raised a total of $7.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in July 2023. 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 $7.1M
- Total Rounds 2
- Last Round Series A — $1.5M
- First Round $5.6M
(Feb 2022)
- Investors Count 7
All 2 funding rounds of Factored Quality 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 |
|---|---|---|---|---|---|
| Jul 2023 | $1.5M | Series A | – | VINYL, PPVP | – |
| Feb 2022 | $5.6M | Seed | – | Amity Ventures |
7 investors in total: 7 institutional.
Investors in Factored Quality
Factored Quality has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Very Great, VINYL and Pari Passu Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors by VINYL. | vinyl.vc | Boston, United States | ||
Venture capital investments are provided by Pari Passu Venture Partners. | 2022 | ppvp.com | ||
Investments in US tech companies are made by BAM Ventures. | bam.vc | Los Angeles, United States | ||
Early-stage US tech startups are invested in by Dynamo. | dynamo.vc | Chattanooga, United States | ||
Venture capital investments are directed toward tech startups. | amity.vc | San Francisco, United States | ||
Limited information is available on core activities. | 2019 | verygreat.nyc | Brooklyn, United States | |
Provides brand strategy, digital experiences, and marketing for innovative businesses worldwide. | 2007 | redantler.com | Brooklyn, United States |
Investor details for Factored Quality
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Factored Quality
6 people are tracked at Factored Quality (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Prince Ghosh | Co-Founder | Leadership |
Lucas Fridman | Co-Founder | Leadership |
Whitney Smith | Chief Of Staff | Leadership |
Lucas Lappe | Co-Founder | Leadership |
Ella(Xiaoye) L. | Head of Operations, Asia | Leadership |
Jorge de Ossó | Senior Software Engineer | Team |
Complete people profiles for Factored Quality
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Factored Quality
3 dated milestones of Factored Quality across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Factored Quality is founded.
- Funding First funding round of $5.6M.
- Funding Latest funding round, Series A, of $1.5M.
Competitors of Factored Quality
Factored Quality has 3 listed competitors in our database, 3 of them funded. They include Printful, REEF and Dematic.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| printful.com | 2013 | Charlotte, United States | $130M | 749 | On-demand custom printing and fulfillment services are provided for e-commerce. | |
| reeftechnology.com | 2013 | Miami, United States | $768.38M | 7,150 | REEF is focused on connecting goods and services to local neighborhoods through digital solutions. | |
| dematic.com | 1819 | Atlanta, United States | $63.39M | 354 | Cloud-based warehouse management and automation systems are provided. |
Detailed competitors of Factored Quality
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Factored Quality
The website of Factored Quality (factoredquality.com) receives about 6.8K visits a month.
- Monthly visits6.8K
▲ 0.8% vs previous month
Websites whose visitors overlap most with Factored Quality. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tetrainspection.com | 100% | 18.4K | #1,628,969 | View details | |
| amfori.org | 79% | 37.9K | #743,820 | View details |
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Factored Quality (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Factored Quality
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Frequently Asked Questions about Factored Quality
Factored Quality was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Factored Quality is headquartered in New York, United States. It is registered at New York, New York, United States.
Factored Quality is a funded company, having raised a total of $7.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.6M, raised on Feb 2022.
Factored Quality was founded in 2020 and is based in New York, United States. Quality control services are offered to direct-to-consumer and e-commerce brands, encompassing product testing, inspection, and auditing. Third-party inspectors can be booked for factory evaluations, specific dates, and product specifications. Operations focus on streamlining quality assurance processes within the e-commerce sector.
Factored Quality offers FQ Platform, Custom Inspection Checklists, and Digital QC Management.
Factored Quality has 7 investors. Key investors include Very Great, VINYL, Pari Passu Venture Partners, Red Antler, and BAM Ventures.
Factored Quality operates through Factored Quality Inc.