Factory

by Factory AI, Inc.

🟒Active

Factory develops AI-native software engineering agents called Droids. The platform helps development teams plan, write, review, test, and maintain code through integrations with repositories and engineering workflows.

AI AgentsFounded by Matan Grinberg and Eno ReyesVisit website β†’
πŸ” Last checked: 8/29/2026 Β· Confidence: 93%

Why Abandoned

Factory's official website currently presents its Droids software-engineering platform, documentation, and enterprise offering. Recent company materials also describe ongoing product releases and financing.

🩺 Health Signals

3d ago
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200
Response
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Confidence
93%
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πŸ“… Timeline

2023-06-01

Factory founded

Matan Grinberg and Eno Reyes founded Factory in 2023 to build autonomous systems for software development. The exact day is not publicly established; June 1 is an approximate catalog date.

2023-11-29

Factory emerged from stealth with $5 million

Factory announced a $5 million seed round led by Sequoia Capital and introduced its Droids, AI agents intended to automate parts of the software-development lifecycle.

2024-06-25

Raised $15 million Series A

Factory announced a $15 million Series A led by Sequoia Capital, with participation from NVIDIA, J.P. Morgan, Abstract Ventures, Mantis VC, and others.

2025-04-08

Droid Swarm introduced

Factory announced Droid Swarm, a system for coordinating multiple specialized software-engineering agents across complex development tasks.

2025-10-21

Raised $50 million Series B

Factory announced a $50 million Series B led by New Enterprise Associates, with participation from Sequoia Capital, NVIDIA, J.P. Morgan, and others.

πŸ”„ Alternatives to Factory

πŸͺ¦ Other dead AI Agents tools

❓ Frequently Asked Questions

What is Factory AI?

Factory is an AI software-engineering platform that provides Droids, agents designed to assist with tasks such as planning changes, writing and reviewing code, testing, migration, and maintenance.

What are Factory Droids?

Droids are Factory's software-development agents. They work with codebases and engineering tools to execute assigned tasks, while organizations can apply review processes and controls around their output.

Who founded Factory AI?

Factory was founded in 2023 by Matan Grinberg and Eno Reyes.

How much funding has Factory AI raised?

Publicly announced rounds include a $5 million seed round in 2023, a $15 million Series A in 2024, and a $50 million Series B in 2025, totaling $70 million in announced financing.

What are the best alternatives to Factory AI?

Relevant coding-agent alternatives in this catalogue include Devin AI, GitHub Copilot, Cursor AI, and Replit Agent. They differ in autonomy, IDE integration, repository support, and enterprise controls.