Factory raises $200m to expand autonomous software development
The September financing valued Factory at $5 billion and supports research, product development and global expansion.
Factory announced $200 million in funding on 15 September 2026 at a $5 billion valuation. Backers included Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC and Clearlake, alongside Nico Rosberg, Brad Gerstner and Marc Benioff. Menlo Ventures disclosed its participation in the same financing in October.
The company plans to invest in research, product development and its global commercial operations. Factory builds a platform that automates work across the software development lifecycle, with deployment options spanning managed cloud, on-premises and air-gapped environments.
Use of funds
Accelerate research and product development
Expand global go-to-market