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]

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]

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]

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.

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