Why Factory matters
Factory closed a $150 million Series C at a $1.5 billion valuation on April 16, 2026, led by Khosla Ventures with Sequoia, Blackstone, and Insight Partners participating. The company said Droids are used daily at enterprises including NVIDIA, Adobe, EY, Palo Alto Networks, and MongoDB. Reports in July 2026 described a follow-on round at a higher valuation, which could not be confirmed with a tier-1 source.
The numberRaised $150 million at a $1.5 billion valuation led by Khosla Ventures (April 16, 2026)
On The Agentic 80
Listed under Coding agents. Agents that write, test, and ship software.
Quick answers
- What does Factory do?
- Sells Droids, software agents that write code, run tests, review pull requests, and handle deployments. Factory closed a $150 million Series C at a $1.5 billion valuation on April 16, 2026, led by Khosla Ventures with Sequoia, Blackstone, and Insight Partners participating.
- What AI capabilities does Factory offer?
- Factory provides Droids, software agents that write code, run tests, review pull requests, and help with deployments. Business engineering teams assign Droids tasks in a repository so the agents can implement changes, check results, and open reviewable updates. The offering is built for software development work, including coding, testing, and release steps, rather than general office automation.
- Why is Factory on The Agentic 80?
- Factory is listed under Coding agents. Agents that write, test, and ship software. Raised $150 million at a $1.5 billion valuation led by Khosla Ventures (April 16, 2026).
- Where is Factory based, and who owns it?
- Factory is based in San Francisco, CA, was founded in 2023 and is private, Series C.