Factorial (software company)
Everyday Software, S.L., d/b/a Factorial, is a technology company that provides human resources software as a service. Founded in 2016 by Jordi Romero, Bernat Farrero, and Pau Ramon Revilla, the company has offices in Barcelona, Madrid, São Paulo, and Mexico City.
Factorial's platform includes absence management, document management, time tracking, payroll administration, and analytics.
History
Factorial was founded in 2016. During the COVID-19 pandemic, the company made its HR software available free of charge for a period of time while lockdown restrictions were in place. This initiative increased adoption among organizations that had previously relied on manual methods for managing human resources processes.In 2022, Factorial raised a Series C funding round of $120 million, following a previous Series B round of $80 million, reaching a valuation of around $1 billion and achieving unicorn status.