Factorial Raises $150 Million, Valued at $2.5 Billion

The Catalan tech platform consolidates its growth with a new Series D investment round led by General Catalyst.

Generic image of financial growth and technology.
IA

Generic image of financial growth and technology.

Barcelona-based platform Factorial has closed a $150 million Series D investment round, raising its valuation to $2.5 billion and solidifying its position as one of Europe's largest tech companies.

Catalan company Factorial, specializing in business management solutions, has announced a significant capital injection of $150 million (approximately 129 million euros) in a Series D funding round. This operation, led by the US-based fund General Catalyst, has boosted the tech firm's valuation to $2.5 billion (around 2.2 billion euros).
This financial milestone comes years after Factorial achieved 'unicorn' status (valued at over $1 billion) and places it among the top twenty largest tech companies on the continent. The round also saw participation from funds such as Atomico, which led the previous funding injection, and Four Rivers.
General Catalyst now enters Factorial's capital for the first time, expanding on a prior relationship that involved loans for customer acquisition. This credit line, the Customer Value Fund, has been extended to exceed $700 million in committed funds until 2030.
The new investment will primarily fuel the development of advanced artificial intelligence capabilities for its platform and finance strategic acquisitions of other companies, particularly within its core European markets. The company asserts a strong financial position with "almost unlimited" cash reserves, attributed to its management and previous funding rounds.
Founder and CEO Jordi Romero highlighted that the transition to artificial intelligence marks a "special moment" for the sector, as investors seek to identify future leaders. Factorial is positioning itself not just as a Software-as-a-Service (SaaS) provider but as an AI company, evolving towards "agentic support for businesses" through its tools Factorial One and Clon.
Leveraging this advantageous financial standing, Factorial plans to intensify its acquisition strategy. Romero notes the presence of "many good companies" in the market with growth potential. The company recently acquired Spanish firm YepCode and anticipates further acquisitions in the short to medium term to drive expansion.
Regarding financial results, Romero expects accounting profit to be achieved through its "recurring revenue model" and business scale, serving over 16,000 corporate clients. While a specific timeline for profitability is not set and depends on acquisitions, the objective is clear: "We want every euro we invest in growth to return multiplied".