Factory develops autonomous artificial intelligence bots called Droids that perform coding tasks and can dynamically route work across different models such as OpenAI's GPT, Anthropic's Claude and China's DeepSeek depending on task complexity and customer preference. The company's model-agnostic approach is positioned as a selling point for enterprise customers, and reported clients include Morgan Stanley, Ernst & Young and Palo Alto Networks. CEO and co-founder Matan Grinberg has highlighted the product's flexibility during recent outages at certain model providers. The company is privately held and was reported to be raising a financing at a $1.5 billion valuation. The article does not provide revenue, user metrics, founding year, or location information.

Total raised

$220M

Funding rounds

4

Latest round

Series C

Latest activity

Apr 2026