Factored Quality builds software that digitizes quality control, testing, and compliance for consumer goods brands. It supports more than 100 brands, including Canopy, Dr. Squatch, and Lalo, to run QC, testing, and compliance globally. The company reports measurable customer savings, saying it helped Canopy save over $70,000 in rework and shipping costs and Halfdays save $130,000 in returns errors. Factored Quality has raised $7.1M in total funding to date, including a new $1.5M injection. Investors named include Y Combinator, Vinyl Capital, PPVP, Dynamo Ventures, BAM Ventures, Amity Ventures, and more than 40 founders in supply chain tech and eCommerce. The team says the new capital will be used to expand support and build infrastructure that eases operations for high-growth consumer goods brands. CEO Prince Ghosh framed the product as addressing a neglected but painful part of a brand’s product lifecycle.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2024