Factorial is a Barcelona-built HRIS for SMBs covering payroll, time tracking, absences and recruitment. See 2026 pricing, features and top alternatives.
Factorial is a cloud-based all-in-one HR platform built in Barcelona for small and mid-sized businesses that want to replace spreadsheets and disconnected point tools with a single system for payroll, time tracking, absence management, performance, recruitment and document management.
Founded in 2016 by Jordi Romero, Bernat Farrero and Pau Ramon Revilla, the company grew from a Spanish HR digitization tool into a European unicorn, raising a Series D in 2026 at a valuation above 2.5 billion dollars and now serving more than 16,000 businesses across over 90 countries.
Every Factorial account includes Factorial Core, covering the employee directory, org charts, onboarding and offboarding, payslip distribution and legally binding e-signature. Customers then add modular hubs for Time (time off, time tracking, shift management), Talent (performance, recruitment, engagement, training), Finance (expenses, procurement, project management) and IT (SaaS management, device management, cybersecurity).
Recent product development has focused on embedding artificial intelligence across these hubs, including an AI-assisted applicant tracking system, CV parsing, receipt OCR for expense reports, AI meeting summaries and a natural-language reporting assistant that answers plain-language questions about workforce data.
Factorial offers a free plan limited to document management and digital signature, plus a paid Core plan starting around 8 dollars per user per month. Beyond Core, pricing is modular and custom: businesses select which Time, Talent, Finance and IT hubs they need in a standard or Enterprise variant, with typical bundled pricing cited by third parties in the roughly 6.90 to 14.45 dollar per user per month range depending on configuration.
Because there is no single fixed price list, prospective customers get a tailored quote based on headcount and selected hubs, and a free trial is available so teams can test hub combinations before signing a contract.
Factorial is an all-in-one HR platform used by small and mid-sized businesses to manage employee records, payroll, time tracking, absence requests, performance reviews, recruitment and HR documents in one system.
Factorial offers a free plan limited to document management and digital signature. Full HRIS, payroll, time tracking and recruitment functionality requires a paid plan starting around 8 dollars per user per month, with a free trial available.
Factorial was founded in Barcelona, Spain in September 2016 by Jordi Romero, Bernat Farrero and Pau Ramon Revilla.
Factorial has raised a 16 million dollar Series A (2020), an 80 million dollar Series B (2021), a Series C of over 120 million dollars (2022) that made it a unicorn near a 1 billion dollar valuation, and a 150 million dollar Series D (June 2026) that pushed its valuation above 2.5 billion dollars.
Factorial is most often compared to Personio as a direct alternative for European SMBs, offering similar HR, time and recruitment coverage with generally more transparent published starting pricing, while BambooHR is a US-based competitor strong on core HR and onboarding but historically lighter on built-in payroll and IT management.
Yes, Factorial provides payroll administration and payslip distribution across multiple countries and legal entities, and supports roughly 180 currencies for international workforces.