Funding round
Factorial Series D
Factorial, which works in cloud-based business management software development in Barcelona, raised $150M in a Series D round announced on 6 Sep 2026, led by General Catalyst, at a $2.50B post-money valuation. 3 firms took part. It is Factorial's fifth venture round on record; the one before was a Series C in Dec 2024.
$150M
Amount raised
$2.50B
Post-money valuation
$2.35B pre-money
3
Investors
1 lead
2.5x
Step-up from the Series C
$1.00B in Dec 2024
6.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Factorial at $2.50B after the new money, 2.5 times the $1.00B of its Series C (Dec 2024). The $150M bought investors about 6.0% of the company. It came 21 months after Factorial's Series C. It is 34% of the $446M Factorial has raised in the venture rounds on record. No later venture round is on record for Factorial.
Factorial's funding rounds
Factorial has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 9 Apr 2020, led by CRV $16M
- Series B 5 Sep 2021, led by Tiger Global $80M$500M post-money
- Growth 11 Apr 2024, led by General Catalyst $80M
- Series C 30 Dec 2024, led by Atomico $120M$1.00B post-money
- Debt not a venture round 19 Mar 2025, led by General Catalyst $120M
- Series D this round 6 Sep 2026, led by General Catalyst $150M$2.50B post-money
Investors
Who put money in
General Catalyst led the round with 2 other firms.
Lead investor
- General Catalyst backs 574 venture-backed companies new investor
Also in the round
- Atomico backs 123 venture-backed companies new investor
- Four Rivers new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
55 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $120M, and this round was 1.3 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Sep 2026 | $180M | $1.80B | Sequoia Capital and Kleiner Perkins |
| Tech Companies | 9 Sep 2026 | $115M | $7.10B | Wellington |
| Tech Companies | 16 Sep 2026 | $114M | $1.20B | not named |
| Tech Companies | 9 Sep 2026 | $36M | not disclosed | LIP Ventures and Inven Capital |
| Owner Tech Companies | 28 Aug 2026 | $240M | $2.30B | Goldman Sachs Alternatives |
| Tech Companies | 21 Oct 2026 | $200M | $5.10B | Sequoia Capital and Shopify Ventures |
| Tech Companies | 5 Oct 2026 | $150M | $2.30B | not named |
| Tech Companies | 23 Aug 2026 | $131M | not disclosed | Planet First Partners |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Factorial raise in its Series D round?
Factorial raised $150M in its Series D round, announced in Sep 2026.
Who led Factorial's Series D round?
General Catalyst led it, with Atomico and Four Rivers.
What was Factorial's valuation at the Series D round?
$2.50B post-money ($2.35B pre-money).
How does it compare with other Series D rounds in Tech Companies?
55 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $120M, and this round was 1.3 times the median.