Factory Raises $200 Million At $5 Billion Valuation With Menlo Ventures Participation
San Francisco-based AI coding startup Factory raised $200 million at a $5 billion valuation, more than tripling its $1.5 billion valuation in April, with Menlo Ventures joining the latest financing led by Managing Par…
San Francisco-based AI coding startup Factory raised $200 million at a $5 billion valuation, more than tripling its $1.5 billion valuation in April, with Menlo Ventures joining the latest financing led by Managing Partner Matt Murphy. Factory, founded in 2023 by CEO and cofounder Matan Grinberg and Eno Reyes, has now raised more than $400 million to build autonomous software development tools used by customers including Nvidia, Blackstone, Palo Alto Networks, Adyen and EY.
FOUNDERS: Matan Grinberg & Eno Reyes
INVESTORS: Sequoia Capital, Blackstone, NEA, Khosla Ventures, Insight Partners, Nvidia, J.P. Morgan & Menlo Ventures
AMOUNT: $200,000,000 VALUATION: $5,000,000,000
HQ: San Francisco, California
#VentureCapital #Factory #MatanGrinberg #SequoiaCapital #TradedVC
ABOUT THE DEAL
- Raise
- $200M
- Round
- Not stated
- Company
- Factory
- Desk
- Deals
- Filed
- Oct 6, 2026
- Founders
- Matan Grinberg
- Eno Reyes
- Investors