Factorial was founded in 2016. During the
COVID-19 pandemic, the company made its HR software available free of charge for a period of time while lockdown restrictions were in place. This initiative increased adoption among organizations that had previously relied on manual methods for managing human resources processes. In 2022, Factorial raised a
Series C funding round of $120 million, following a previous Series B round of $80 million, reaching a valuation of around $1 billion and achieving
unicorn status.
Madrid Office The company maintains an office in Madrid as part of its presence in Spain.
Mexico City Office Factorial opened its Mexico City office in June 2021.
Miami Office (Closed) Factorial opened an office in Miami in 2023, located in the
Latitude One building in
Brickell. The office was closed in late 2024 as part of a strategic reorganization of its North American operations. == Software ==