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Well Run profileThe Well Run 100 · #86 of 720

Position 86

Factory

Autonomous coding agents (Droids) that build, test and ship enterprise software

Pace
3:30/kmSprint4.75
Distance
Distance 10K.
Open ops roles
4
Last week
#74
Move
▼ 12
Peak
#74
Weeks in the 100
2
The Chart →
Rank and score over time
Board rank
#64#79#94#74Oct 18#84Oct 25
Pace score
02464.8Oct 184.8Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Sprint 3:30/kmFactoryCognition
Race 4:05/km
Tempo 4:40/km
Steady 5:20/kmWarpAugment
Warm-up 6:00/km
Cool-down 6:30/km
Factory runs in the Sprint lane, alongside 1 rival. Rivals on Well Run sit in their own pace lanes; further right = more momentum. Tap one to open its page.Also competes with: Cursor (Anysphere), GitHub Copilot
Revenue estimate
Revenue doubled month over month for six months (absolute undisclosed)company-stated · as of Apr 2026 factory.ai ↗
Total raised
$400M+see rounds ↓
Founded
2023
HQ
San Francisco, CA

Leadership

The problem

Enterprise engineering backlogs outrun headcount; teams want end-to-end automation, not autocomplete

What they do

Autonomous coding agents (Droids) that build, test and ship enterprise software

Traction Hundreds of thousands of developers (Nvidia, Adobe, EY); ARR undisclosed

Hiring trend

Open roles
64
Ops roles
4
Headcount
~150

~150 staff, targeting 300 by end of 2026; 55 open roles

Hiring in

  • San Francisco
  • New York
  • London
  • Remote (Australia)
  • Remote (APAC)

Funding

Last round
$200M
Stage
Series C+
Date
Sep 2026

Led by Blackstone, Khosla, Sequoia

Distance

10K · edge: hard to leave

Real enterprise adoption, but it trails Cursor and Claude Code in a crowded field.

Sources: Factory: $150M Series C (Apr 2026) ↗ · Forbes: Cursor hits $4B annualized revenue (Jun 2026) ↗

Last checked Oct 25, 2026

News timeline

  1. Sep 2026Raises $200M at $5B valuation, tripling April price factory.ai ↗
  2. Apr 2026Raises $150M Series C led by Khosla at $1.5B factory.ai ↗
  3. Sep 2025Launches Droids (#1 on Terminal Bench) and raises $50M Series B businesswire.com ↗

Funding historyTotal raised $400M+

  1. Sep 2026Series D (unnamed round)$200Mat $5BLed by Blackstone, Khosla Ventures, Sequoia Capital (no single lead named) factory.ai ↗
  2. Apr 2026Series C$150Mat $1.5BLed by Khosla Ventures factory.ai ↗
  3. Sep 2025Series B$50Mat $300MLed by NEA, Sequoia Capital, J.P. Morgan, Nvidia factory.ai ↗
  4. Jun 2024Series A$15Mat $120MLed by Sequoia Capital factory.ai ↗
  5. 2023Seed~$5M (implied: >$20M total after $15M Series A)Led by Sequoia Capital factory.ai ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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