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Factory sells autonomous AI coding agents (Droids) to enterprise engineering teams, handling full-SDLC tasks—refactors, migrations, incident response—across any model or interface.
Raised $220M across disclosed rounds.[13]
Series C closed April 2026.[13]
Round size, post-money valuation, and the full investor list are not publicly disclosed.
Matan Grinberg, CEO & Co-Founder[5][6]
Eno Reyes, Co-Founder & CTO[5][6]
Francesca LaBianca, VP Operations[10]
Marcus Ratzlaff, Head of Sales[10]
Jordan Vandenberg, Director of Sales, West[10]
Julien Alteirac, VP Sales EMEA[10]
Ben Tossell, Head of Developer Relations[10]
Shawn Lichaa, General Counsel[10]
Jun 2026 · techcrunch.com
reported
Jun 2026 · techcompanynews.com
reported
Jun 2026 · app.dealroom.co
verified
Factory sells autonomous AI coding agents (Droids) to enterprise engineering teams, handling full-SDLC tasks—refactors, migrations, incident response—across any model or interface.
Ask the company for a current headcount and the date it was counted.
Not a recommendation. The first thing this ledger cannot answer.
Factory · Jun 2026[10]
org_enrichment · Jun 2026[12]
Cursor · cursor.com · Same buyer (enterprise engineering teams) and same budget (developer tooling); both compete for the workflow of AI-assisted code writing, though Factory targets autonomous end-to-end task delegation while Cursor targets in-IDE assistance.[16][17]
GitHub Copilot · github.com/features/copilot · Same buyer (enterprise engineering orgs) and same budget (developer productivity tooling); direct substitute for AI-assisted coding workflows.[16][2][11]
Devin (Cognition AI) · cognition.ai · Closest product-category overlap: both are autonomous AI coding agents (not copilots) targeting enterprise engineering teams for full-task delegation including debugging, refactors, and migrations.[16][18][1]
Augment Code · augmentcode.com · Same buyer (enterprise engineering orgs with large legacy codebases) and same workflow (AI-assisted and agentic code development); both compete for enterprise SDLC automation budget and are listed together in developer tools competitive landscapes.[16][17]
Ask the company for a current headcount and the date it was counted.
Not a recommendation. The first thing this ledger cannot answer.
Filled in the side panel for invited readers. This card carries sourced facts only.
Jun 2026 · linkedin.com
vendor
Jun 2026 · businesswire.com
company
Jun 2026
vendor
Jun 2026 · finance.yahoo.com
reported
Jun 2026 · eesel.ai
reported
Jun 2026 · beri.net
reported