Factorial received over €120 million.

Factorial, based in Barcelona, has recently received over €120 million at a valuation of +€1 billion led by Atomico team, making it the newest unicorn in Europe and the fastest-growing business in the HRtech sector. It will now quicken its ambitions for international expansion and improve what it has to offer SMBs.

Factorial is an all-in-one, completely automated HR management tool designed with small and medium-sized businesses in mind. Since 2016 start, the Barcelona-based company has had amazing growth, and it is now being accepted into the exclusive unicorn club.

They are honoured to work with Luca and the Atomico team to address the significant shift of SMBs looking for HR software tailored specifically for them. Atomico is a company that genuinely cares about making sure the next major digital company emerges from Europe. To meet the needs of this underserved market, which is constantly growing, Factorial is ideally situated.

In stark contrast to other vertical products, Factorial was created with SMBs in mind. The all-in-one platform from Factorial eliminates time-consuming manual tasks, provides insights and data to offer critical support, and enables smaller businesses to maintain a people-first attitude while scaling the business.

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