Factorial (software company)
Factorial's logo | |
| Factorial | |
| Company type | Sociedad limitada |
| Founded | September 16, 2016 in Barcelona, Spain |
| Founders |
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| Headquarters | , |
Number of locations |
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Area served | Worldwide |
| Services | Human resources software as a service, human resource management software as a service and applicant tracking system |
Number of employees | 1000 (2023) |
| Website | factorialhr |
Everyday Software, S.L., d/b/a Factorial, is a technology company that provides human resources software as a service. Founded in 2016 by Jordi Romero, Bernat Farrero, and Pau Ramon Revilla, the company has offices in Barcelona, Madrid, São Paulo, and Mexico City.
Factorial's platform includes absence management, document management, time tracking, payroll administration, and analytics.
History
Factorial was founded in 2016.[1] During the COVID-19 pandemic, the company made its HR software available free of charge for a period of time while lockdown restrictions were in place. This initiative increased adoption among organizations that had previously relied on manual methods for managing human resources processes.[2]
In 2022, Factorial raised a Series C funding round of $120 million, following a previous Series B round of $80 million, reaching a valuation of around $1 billion and achieving unicorn status.[3][4]
Madrid Office
The company maintains an office in Madrid as part of its presence in Spain.
Mexico City Office
Factorial opened its Mexico City office in June 2021.
Miami Office (Closed)
Factorial opened an office in Miami in 2023,[5][6] located in the Latitude One building in Brickell.[5] The office was closed in late 2024 as part of a strategic reorganization of its North American operations.
Software
Factorial’s software includes modules for absence management with shared team calendars, an employee self-service portal for managing personal information, documents, holidays, and events, and tools for performance and talent management.[7]
References
- ^ "Spain mints its newest unicorn as Factorial raises $120m". Sifted. Retrieved 2025-10-15.
- ^ Lunden, Ingrid (2020-04-27). "Factorial raises $16M to take on the HR world with a platform for SMBs". TechCrunch. Retrieved 2025-10-15.
- ^ "Factorial Closes a Series B Funding Round with $80 Million". Business Wire. 2021-09-07. Retrieved 2025-10-15.
- ^ Lunden, Ingrid (2022-10-11). "Factorial adds $120M and doubles valuation to $1B to build enterprise-quality HR for SMBs". TechCrunch. Retrieved 2025-10-15.
- ^ a b "HR tech unicorn Factorial chooses Miami for its North American hub, plans to hire up to 150 - Refresh Miami". 2023-03-24. Retrieved 2025-10-15.
- ^ "HR-tech unicorn Factorial expands in North America, with Miami as its hub - Refresh Miami". 2023-12-12. Retrieved 2025-10-15.
- ^ "Factorial Expert Review, Pricing, Alternatives - 2025". www.selectsoftwarereviews.com. Retrieved 2025-10-15.