Factorialrevenue, valuation & funding
HRMS & HCM SoftwareBarcelona, SpainFounded 2016CEO Jordi Romero
Factorial is an HRMS & HCM Software company based in Barcelona, founded in 2016.
Factorial revenue & ARR
Factorial's annual recurring revenue passed $100M in September 2025 (aimgroup.com).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Sep 2021 | $25.6M | – |
| Sep 2025 | $100M | aimgroup.com |
| Dec 2025 | $263MEST | GetLatka estimate |
– source not recorded
Factorial valuation
Factorial is privately held, so there is no Factorial stock to buy. Investors valued it at $1B in its October 2022 Series C.
Valuation history$1B Series C 2022$530M Series B 2021
Factorial funding rounds & investors
Factorial has raised $221.7M across five rounds since 2017. The latest was a $120M Series C in October 2022.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Oct 2022 | Series C | $120M | $1B |
| Sep 2021 | Series B | $80M | $530M |
| Apr 2020 | Venture | $3.3M | – |
| Oct 2018 | Series A | $17.8M | – |
| Jun 2017 | Seed | $593.1K | – |
| Total raised | $221.7M |
Factorial competitors
Factorial competes most directly with Workday, Gusto, BambooHR and Business Online Services. It is the smallest of the four by revenue.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Workday | $9.6B | $230.6M | 25K | 10K | 2005 |
 Gusto | $1B | $746M | 4,008 | 400K | 2012 |
 BambooHR | $274M | – | 1,627 | 26K | 2008 |
| Factorial | $100M | $221.7M | 2,391 | 75K | 2016 |
 Business Online Services | – | $35M | 132.5K | 6.9K | 1972 |
#21 of 753 HRMS & HCM Software companies by revenue · category median $2.6M · See the ranking
Factorial CEO, founders & employees
Jordi Romero founded Factorial in 2016 and runs it as CEO. Factorial has 2,391 employees (December 2025, LinkedIn), up from 1,652 a year earlier.
- Jordi RomeroFounder & CEO
All 14 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2025 | 2,391 | |
| Nov 2025 | 2,355 | |
| Dec 2024 | 1,652 | |
| Oct 2024 | 1,349 | |
| Sep 2023 | 1,349 | – |
| Jul 2023 | 1,091 | – |
| 2023 | 1,079 | – |
| 2022 | 808 | – |
| Sep 2021 | 261 | – |
| Aug 2021 | 291 | – |
| Dec 2020 | 124 | – |
| Jun 2020 | 86 | – |
| Dec 2019 | 61 | – |
| Dec 2018 | 45 | – |
Factorial FAQ
What is Factorial's revenue?
Factorial's annual recurring revenue passed $100M in September 2025, according to aimgroup.com.
What is Factorial's valuation?
Investors valued Factorial at $1B in its October 2022 Series C.
How much funding has Factorial raised?
Factorial has raised $221.7M across five funding rounds. The latest was a $120M Series C in October 2022.
Is Factorial publicly traded?
No. Factorial is a private company, so its shares aren't traded on a stock exchange.
How many employees does Factorial have?
Factorial has 2,391 employees as of December 2025, according to LinkedIn.
Who is the CEO of Factorial?
Jordi Romero is the CEO of Factorial and founded the company in 2016.
Who founded Factorial?
Jordi Romero founded Factorial in 2016.
Browse HRMS & HCM Software
How this page is sourced
5 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Factorial? Join the podcast