User avatar
aravindsrinivas
278
35
Factorial Funds

Pro Search

3 steps completed

Answer

Factorial Funds is a private investment firm based in Los Angeles, California, founded in 2020
3
.
The firm focuses on late-stage growth equity investments and has holdings across various sectors, including technology, financial services, media, and consumer
1
.
Their flagship fund supports companies pushing the boundaries of innovation in areas such as cloud computing, consumer, healthcare, and business and financial services
2
.
Some of their notable investments include participating in Anthropic's $450 million Series C round alongside Google, Salesforce Ventures, Sound Ventures, Zoom Ventures, and others
1
.
They have also invested in wefox, a Berlin-based insurtech company, which secured a $55 million credit facility from J.P. Morgan and Barclays, as well as a $55 million second close in its Series D at a $4.5 billion valuation from existing and new investors, including Squarepoint
1
.
Factorial Funds has recently expanded its investment strategies to include insurance-linked securities (ILS) and reinsurance opportunities
4
.
The firm's team consists of three professionals, with Sol Bier as the Founding Partner
3
.

Related

What is Factorial Funds and what do they do
Who are the founders of Factorial Funds
What is the investment strategy of Factorial Funds