Based out of Barcelona, Factorial is a human resources software platform for small and medium companies that integrates vacation management, payroll, document management, and benefits for employees. In the latest development, the Spanish company has raised €15 million funding in Series A round.
The financing round was led by CRV, a Venture Capital firm based out of Silicon Valley with more than 75 IPOs. With this funding, the company is planning to expand its presence into new markets across Europe and America.