Agent-native software development platform with autonomous coding 'Droids'.
Developer Tools📍 San Francisco, USAFounded 2023
Current Valuation
$1.5B
as of 2026-Q2
UNICORN
Factory builds an agent-native software development platform where autonomous 'Droid' agents handle coding tasks under developer delegation, deployed at companies including MongoDB, EY, and Zapier. Founded in 2023 by Matan Grinberg and Eno Reyes, it raised a $150M Series C in April 2026 led by Khosla Ventures at a $1.5B post-money valuation, with about $200M raised in total.
Company Profile
CEO
Matan Grinberg
Founded
2023
HQ
San Francisco, USA
Total Raised
$200M
Last Round
Series C — $150M (Apr 2026) · Lead: Khosla Ventures
IPO Status
private
Fundraising Status
Series C · $150M · 4 mo ago
privateTotal raised $200M1 disclosed rounds
Series C Impact
Round Size
$150M
Primary financing announced
Post-Money Valuation
$1.5B
Company-announced mark
Round / Post-Money
10.0%
New capital ÷ post-money
Disclosed Funding
$200M
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.
Secondary Market
Implied price / share
$46.68
Open interest
3
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series C
$150M
Apr 2026
Khosla Ventures
$1.5B
Founders & Key People
Matan GrinbergEno Reyes
Investors
Khosla Ventures · Sequoia Capital · NEA · Insight Partners · NVIDIA · J.P. Morgan
Products
Droid coding agents
Factory agent-native development platform
Competitors
Cognition (Devin) · Cursor · GitHub Copilot · Claude Code
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.