Automating software development

The only software development agents that work everywhere you do.

Latest funding

$200M · September 15, 2026

Led by Blackstone · Source: x.com

Total raised: $415M across 4 sourced rounds

All 4 rounds ↓

Website: factory.ai.

X: @factory · 60,137 followers.

GitHub: Factory-AI.

LinkedIn: factory-hq.

Categories: AI coding and devtools AI agents Developer tools and cloud.

Sectors: Agentic AI, Artificial Intelligence (AI), Developer Tools, Software Engineering.

Stage: Series B+.

Based in: San Francisco, United States.

Founded: 2023.

Total raised: $415M in 4 sourced rounds.

Last round: Sep 15, 2026 · 61 days ago.

Headcount: 51–100 employees.

On Recent Funding since: Sep 29, 2026.

Signals

X account@factory · created Apr 7, 2023 (3 years old) · 60,137 followers

Website registeredDec 16, 2017 (8 years old)

About Automating software development

From IDE to CI/CD - delegate complete tasks like refactors, incident response, and migrations to Droids without changing your tools, models, or workflow.

TIMELINE · MONEY RAISED

Automating software development | 438 days from X account to first raise on record

@factory·Raised $415M in 4 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
Sep 15, 2026	Round	$200M	BBlackstone	x.com
Apr 16, 2026	Series B+	$150M	KKhosla Ventures	fundraisingfox.com
Sep 25, 2025	Series B+	$50M	NNEA	fundraisingfox.com
Jun 18, 2024	Series A	$15M	SSequoia	factory.ai

Timeline

April 7, 2023
X account created
December 16, 2017
Website created

Founders and team

ER
Eno Reyes Founder

@EnoReyes · LinkedIn
MG
Matan Grinberg Founder

@matanSF · LinkedIn
JS
John Sepassi Founding Account Executive
MF
Madison Faulkner Head of Strategy

Investors

Companies like Automating software development

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RRootly$12M Series A · Aug 2023
IIncidentFoxPre Seed · Feb 2026
EEma$77M Series B+ · Sep 2026

Other companies backed by Blackstone

OOpenEvidence$250M Series B+ · Sep 2026
CCyera$400M Series B+ · Sep 2026
EEtched$700M Series B+ · Aug 2026
NNorm AI$120M Series B+ · Jul 2026
TTextQL$17M · Apr 2026
FFactory$150M Series B+ · Apr 2026

Blackstone portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/automating-software-development (get a free API key).