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Industries
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
Series A
Total Funding
$20M
Headquarters
San Francisco, California
Founded
2023
Factory.ai creates autonomous coding "Droids" that automate the software development process. These Droids assist users in writing, debugging, and optimizing code, making the coding experience more efficient and accessible. The company serves a wide range of clients, from individual freelancers to large enterprises, all looking to enhance their software development workflows. Factory.ai operates on a subscription-based model, allowing clients to access its Droids as a service. This model not only provides a steady revenue stream but also allows for the introduction of premium features tailored to larger organizations. By focusing on continuous improvement and user expansion, Factory.ai aims to stand out in the competitive AI and automation market, with the goal of transforming how software is built and interacted with.
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Total Funding
$20M
Meets
Industry Average
Funded Over
2 Rounds
Industry standards
Empower, a leading financial technology company providing instant cash advances and credit-building solutions, partnered with Factory to transform their development workflow.
Munich, January 20, 2025 - collaboration Factory AG has once again been awarded the title "Top Company" for 2025.
Organizations join the ever-growing cloud native ecosystem to drive innovation across industries and geographiesNEW DELHI, Dec. 10, 2024 /PRNewswire/ -- KubeCon + CloudNativeCon India – December 11, 2024 – The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced that more than 26 new Silver CNCF members have joined this quarter, highlighting the sustained investments organizations are making as cloud native innovation accelerates."As cloud native technologies drive unprecedented global transformation, CNCF is expanding its reach with new KubeCon + CloudNativeCon events in India and Japan, and a partnership with Andela to cultivate engineering talent across Africa," said Priyanka Sharma, executive director of CNCF. "These efforts reflect our commitment to fostering an inclusive global community, empowering organizations to innovate at scale, and advancing the cloud native ecosystem across the world. We are appreciative of the support these new members will bring to our expansive community and look forward to collaborating as we move into 2025."New and existing CNCF members are gathering this week in Delhi at the first-ever KubeCon + CloudNativeCon India. Joining the community at upcoming 2025 CNCF-hosted events, including KubeCon + CloudNativeCon Europe , April 1-4 in London, KubeCon + CloudNativeCon China , June 10-11 in Hong Kong, the inaugural KubeCon + CloudNativeCon Japan , June 16-17 in Tokyo, and more .About the newest Silver Members:Altinity helps enterprises run open source ClickHouse® better.helps enterprises run open source ClickHouse® better. Armored Gate is a multi-national cybersecurity company dedicated to advancing responsible technology, like Armored Containers: The long-awaited production solution for single-layer, single-purpose, on-demand microservice containers that meet requirements of Zero Trust, NIST, ISO and other regulations.is a multi-national cybersecurity company dedicated to advancing responsible technology, like Armored Containers: The long-awaited production solution for single-layer, single-purpose, on-demand microservice containers that meet requirements of Zero Trust, NIST, ISO and other regulations
Factory is using AI to help businesses generate software features, review code and solve bugs.
Developer velocity, the speed at which an organization ships code, is often impacted by necessary but lengthy processes like code review, writing documentation and testing. Inefficiencies threaten to make theses processes even longer. According to one source, developers waste 17.3 hours per week due to technical debt and bad — i.e. nonfunctional — code.Machine learning Ph.D. Matan Grinberg and Eno Reyes, previously a data scientist at Hugging Face and Microsoft, thought that there had to be a better way.During a Hackathon in San Francisco, Grinberg and Reyes built a platform that could autonomously solve simple coding problems — a platform that they later came to believe had commercial potential. After the hackathon, the pair expanded the platform to handle more software development tasks and founded a company, Factory, to monetize what they’d built.“Factory’s mission is to bring autonomy to software engineering,” Grinberg told TechCrunch in an email interview
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Industries
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
Series A
Total Funding
$20M
Headquarters
San Francisco, California
Founded
2023
Find jobs on Simplify and start your career today