We've raised $200M at a $5B valuation to scale self-improving software development in the enterprise.
The round brings our total funding to over $400M and more than triples our $1.5B valuation from April.
Sep 15, 2026 · 5:03 PM UTC
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Hundreds of thousands of developers already use Factory, including teams at NVIDIA, Blackstone, RBC, Palo Alto Networks, and Adobe.
These enterprises are building software factories they can control, trust, and measure.
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Factory gives enterprises a single system to govern across the entire software development lifecycle.
Control how your software factory learns, which models it uses, and where it runs: in the cloud, on-premises, or fully air-gapped.
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Thank you to Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC, and Clearlake, alongside industry leaders including Nico Rosberg, Brad Gerstner, and Marc Benioff, for backing our mission.
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This capital will accelerate our investments in research, product, and global go-to-market.
We're building a world where software builds and improves itself.
Read the announcement: factory.com/news/5-billion-v…
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