Factorial — Venture Debt · $80M

Barcelona HR unicorn Factorial secured $80M (~€75M) of go-to-market investment from General Catalyst's Customer Value strategy. It is non-dilutive debt that can only be spent on new customer acquisition and is repaid from the gross profit those customers generate, so it is not an equity round.

LeadGeneral Catalyst RoundVenture Debt Announced11 Apr 2024 CityBarcelona SectorHR & Future of Work · HR software / SaaS Source W S

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