Factorial Secures $120M Non-Dilutive Funding from General Catalyst
Deal News | Mar 19, 2025 | Aim Group
Spain-based HR technology company, Factorial, specializing in business and human resources management software for small to medium-sized enterprises (SMEs), has successfully secured $120 million in non-dilutive debt funding. The funding round was led by General Catalyst, a prominent global venture capital firm. This substantial financial infusion signifies a continued trust and an expanding relationship between General Catalyst and Factorial. Such investments are aimed at empowering Factorial's strategic initiatives to expand its HR technology solutions and potentially increase its market share within the SME sector. Factorial's unique offering provides comprehensive solutions tailored to meet the diverse needs of SMEs, demonstrating its commitment to fostering innovation and efficiency in HR management processes. The new funding will enable Factorial to accelerate its growth trajectory and further develop its product offerings to better serve its clientele across various regions.
Sectors
- HRTech
- Venture Capital
- Software
Geography
- Spain – Factorial is based in Spain, indicating the geographical origin of the company involved.
- United States – General Catalyst, the venture capital firm providing the funding, is based in the U.S.
Industry
- HRTech – Factorial operates in the HR technology sector, providing software solutions for business and HR management.
- Venture Capital – The funding was provided by General Catalyst, a venture capital firm, which indicates the presence of transaction and investment activities in this sector.
- Software – As a provider of business and HR management software, Factorial is located within the broader software industry.
Financials
- $120M – The amount of non-dilutive funding raised by Factorial from General Catalyst.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Factorial | Target Company | Company | A Spain-based company offering HR management software solutions tailored for SMEs. |
| General Catalyst | Investor | Company | A venture capital firm that led the $120 million funding round for Factorial. |