Barcelona-based Factorial secured $150 million in a Series D funding round at a $2.5 billion valuation, becoming one of Europe's most valuable AI scaleups, the company announced today. The round was led by General Catalyst, with participation from existing investors Atomico and Four Rivers. Founded in 2016, Factorial has transformed from an HR software provider into an AI-powered workforce platform serving over 16,000 businesses in more than 90 countries, according to sifted.eu.
Factorial spent the past year rebuilding its SaaS platform around AI agents that automate tasks across HR, finance, and IT workflows. General Catalyst’s partner Pranav Singhvi said, "The next decade of enterprise software will belong to the companies that rebuild themselves around AI, not the ones that bolt it on. Factorial is doing exactly that." Alongside the equity investment, General Catalyst committed up to an additional $540 million through its Customer Value Fund, a non-dilutive financing vehicle to support startups’ customer acquisition costs, per sifted.eu.
The fresh funding reflects growing investor interest in European software companies adapting to AI technologies. Factorial’s shift to AI-powered services positions it among a wave of startups leveraging artificial intelligence to enhance enterprise software. The $150 million Series D round adds to a competitive funding landscape where firms like UiPath and Celonis have also raised significant capital to expand AI capabilities in workflow automation, according to sifted.eu.
Factorial’s latest financing round underscores the increasing value placed on AI integration in enterprise SaaS. The company’s $2.5 billion valuation and broad global customer base highlight its rapid growth. The $150 million Series D was announced on June 3, 2026, marking a milestone in Factorial’s evolution toward AI-driven workforce management solutions, as reported by sifted.eu.