About Factorial HR
Factorial HR is a company based in Barcelona (Spain) founded in 2016 by Bernat Farrero, Pau Ramon, and Jordi Romero.. Factorial HR has raised $219.25 million across 7 funding rounds from investors including Atomico, General Catalyst and Tiger Global. Factorial HR has completed 2 acquisitions, including Codegram and Fuell. Factorial HR offers products and services including Time Management, Talent Management, Payroll, and Finance. Factorial HR operates in a competitive market with competitors including Gusto, ADP, Paycor, Paychex and TriNet, among others.
- Headquarter Barcelona, Spain
- Founders Bernat Farrero, Pau Ramon, Jordi Romero
- Stage Unicorn
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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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Products & Services of Factorial HR
Factorial HR offers a comprehensive portfolio of products and services, including Time Management, Talent Management, Payroll, and Finance. 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.
Software for tracking employee time-off and productivity
Platform for employee performance and recruitment processes
System to centralize and automate payroll preparation
Tool for managing expenses and project billing
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Funding Insights of Factorial HR
Factorial HR has successfully raised a total of $219.25M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $120 million completed in March 2025. 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 Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $120.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2025 | Amount | Debt – Conventional - Factorial HR | Valuation |
investors |
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| Apr, 2024 | Amount | Debt – Conventional - Factorial HR | Valuation |
investors |
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| Oct, 2022 | Amount | Series C - Factorial HR | Valuation | Atomico |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Factorial HR
Factorial HR has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Atomico, General Catalyst and Tiger Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Factorial HR
Factorial HR has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Codegram and Fuell. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Expenses management and reimbursement are provided for businesses by Fuell.
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2019 | ||||
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Digital marketing, branding, SMM, SEM, and SEO services are offered.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Factorial HR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Factorial Hr Comparisons
Competitors of Factorial HR
Factorial HR 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 Gusto, ADP, Paycor, Paychex and TriNet, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is provided for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are delivered for payroll and employee management.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium-sized businesses.
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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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| domain | founded_year | HQ Location |
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 Factorial Hr
Frequently Asked Questions about Factorial HR
When was Factorial HR founded?
Factorial HR was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Factorial HR located?
Factorial HR is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Factorial HR?
Jordi Romero is the current CEO of Factorial HR. They have also founded this company.
Is Factorial HR a funded company?
Factorial HR is a funded company, having raised a total of $219.25M across 7 funding rounds to date. The company's 1st funding round was a Series C of $120M, raised on Jun 01, 2017.
What does Factorial HR do?
Factorial was founded in 2016 in Barcelona, Spain, as a provider of cloud-based human resource management system software targeted at small and medium-sized businesses. The platform includes functionalities such as HR information systems, document and leave management, employee onboarding, performance evaluations, payroll processing, compensation and benefits administration, and time tracking. Operations are conducted on a subscription pricing model, serving the HR technology sector internationally.
Who are the top competitors of Factorial HR?
What products or services does Factorial HR offer?
Factorial HR offers Time Management, Talent Management, Payroll, and Finance.
How many acquisitions has Factorial HR made?
Who are Factorial HR's investors?
Factorial HR has 8 investors. Key investors include Atomico, General Catalyst, Tiger Global, Creandum, and Point Nine.
What is Factorial HR's valuation?
The valuation of Factorial HR is $1B as of Oct 2022.