Factory, a San Francisco, CA-based software company that provides a platform for agent-native software development, has raised $50 million in Series B funding.
Investors
The round was led by NEA, Sequoia Capital, NVIDIA, and J.P. Morgan, with participation from notable angel investors including Frank Slootman, Nikesh Arora, and Aaron Levie.
Factory Use of Funds
The company will use the capital to expand product capabilities, scale enterprise adoption, and hire top talent across engineering, research, and go-to-market functions.
About Factory
Factory.ai provides agent-native software development solutions. Its flagship product, featuring Droids, consists of software development agents designed to handle complete tasks such as refactoring, incident response, and migrations within a developer's existing workflow. By shifting from autocomplete to full delegation, Factory empowers engineers to orchestrate and manage Droids, enabling teams to ship faster, improve code quality, and embrace a new philosophy of working with AI. Founded in 2023 and headquartered in San Francisco, Factory serves customers including Ernst & Young, NVIDIA, MongoDB, Zapier, Bayer, and Clari.
Funding Details
Company: Factory, Inc.
Raised: $50.0M
Round: Series B
Funding Date: September 2025
Investors: NEA, Sequoia Capital, NVIDIA, J.P. Morgan, Frank Slootman, Nikesh Arora, Aaron Levie
Company Website: https://www.factory.ai/
Software Category: AI Software Development / Agentic Coding Platform
Source: https://www.businesswire.com/news/home/20250925993478/en/