HR tech company Factorial raises $150 million in a Series D round, reaching a valuation of more than $2.5 billion. The funding cements its position among Europe’s most valuable technology scale-ups.
Factorial closes a $150 million Series D led by General Catalyst, bringing its valuation to $2.5 billion. The company says this places it among the 20 most valuable scale-ups in the European Union.
Barcelona-based Factorial, which provides HR software for businesses, is exploring a funding round that could raise $200 million and value the company at around $2 billion. Bloomberg reports the discussions are at an early stage; the proposed valuation would potentially make Factorial Spain’s most valuable startup.
Barcelona-based HR software firm Factorial raises an additional $120 million from General Catalyst, bringing the investor’s total investment in the company to $200 million from $80 million. The funding will support Factorial’s operational expansion, particularly geographic growth in Germany, France, and Italy.
