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Factorial
Human resources software for SMEs
- 501-1000 employees
- B2B
- HR
- SaaS
- El Parc i la Llacuna del Poblenou, Barcelona, Spain
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Company mission
To solve the problems of Human Resources in small and medium-sized businesses.
219% employee growth in 12 months
Our take
Factorial’s HR platform is designed to make it easier for small-medium enterprises (SMEs) to automate a multitude of labour and time intensive processes such as recruitment, onboarding, and time tracking.
The company doubled down on its surge of growth in recent years by acquiring digital solutions and marketing provider Codegram, before undergoing a full rebrand in a bid to increase its mass appeal. They have gained a number of major clients like KFC and Booking.com, despite targeting SMEs.
There’s some pretty stiff competition in the HR tech field such as Workday, PeopleHR and Oracle, however with such a large market out there, Factorial is well set to take advantage of the opportunity. Their next big move is to expand operations across Latin America and the US, having recently set up offices in Buenos Aires, Mexico City, Sao Paulo, and Utah.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Gym membership
- AXA health insurance
- Coffee discount
- Learning & development
- Weekly breakfast
- Weekly post-work socials
Company values
- Ownership
- Curiosity
- Sense of Urgency
- Trust
- Weekly post-work socials
- Honesty
- Authenticity
Funding (last 2 of 5 rounds)
Oct 2022
$120m
SERIES C
Sep 2021
$80m
SERIES B
Total funding: $218m
This company has top investors
Leadership
Jordi Romero
(CEO)Former CTO and VP Business Development & Platform at Redbooth, a collaboration and communication platform. Also founded Itnig.
Bernat Farrero
(Head of People, Sales & Marketing)As well as co-founding Factorial, Bernat is the co-founder of three more companies - Camaloon, Itnig, and Quipu - all of whom they are still active with.