🏆 Deal of the Week · CW 23/2026
Factorial raised USD 150 million in a Series D round at a valuation of USD 2.5 billion. The round's investors were not publicly disclosed at the time of announcement. The capital positions Factorial among Europe's most highly valued HR Technology companies.
Factorial — key deal facts
| Company | Factorial |
| Founded | 2016 |
| Headquarters | Barcelona, Spain |
| Amount raised | USD 150m |
| Valuation | USD 2.5b |
| Round | Series D |
| Sectors | AI, HR Tech, SaaS |
Who invested in Factorial?
The investors participating in this Series D were not disclosed. The absence of named backers is not uncommon at this stage when terms are subject to confidentiality agreements. As details become available, this page will be updated accordingly.
What does Factorial do?
Factorial is an all-in-one, AI-powered business software platform founded in 2016 and headquartered in Barcelona, Spain. The company was co-founded by Jordi Romero, who serves as CEO, and targets small to mid-sized businesses with 50 to 200 employees. Its platform centralises HR, finance, and IT workflows, covering time tracking, payroll processing, talent management, recruitment, performance reviews, expenses, and document management. Factorial serves over 14,000 clients across more than 95 countries on a pure subscription SaaS model.
Factorial valuation & multiples
Factorial operates in the HR Technology and SaaS sectors, providing a cloud-based platform that automates core business operations for SMBs. Based on European benchmarks for Q1 2026, comparable HR Tech and SaaS companies trade at EV/Sales multiples of 3.47x–4.30x and EV/EBITDA multiples of 18.66x–20.22x. Investors seeking deeper context on sector-level valuation can explore the HR Tech and SaaS multiples pages on DealMatrix.
Explore the benchmarks: Series D HR Tech.
Frequently asked questions
How much did Factorial raise in its Series D?
Factorial raised USD 150 million in its Series D round.
What is Factorial's valuation?
Factorial's valuation at the time of its Series D was USD 2.5 billion.
Who invested in Factorial?
The investors in Factorial's Series D were not publicly disclosed.
When was Factorial founded and where is it based?
Factorial was founded in 2016 and is headquartered in Barcelona, Spain.
Source: original announcement — read the full report.