Private Market View

Factorial Funds

Venture capital · Menlo Park, California

AUM
$803.7M
Portfolio companies
24
Recorded deals
4
1 in last 12M
Last investment
May 2026

Key facts

  • Factorial Funds is a venture capital firm based in Menlo Park, California with 24 tracked portfolio companies.
  • Notable positions include SpaceX, Anthropic, xAI, Anduril Industries, Perplexity AI.
  • Private Market View records 4 deal participations by Factorial Funds.
  • Factorial Funds’s most recent recorded investment was in May 2026, one of 1 in the last 12 months.
  • The team roster lists 4 people.
  • Factorial Funds reports $656.4M in regulatory assets under management across 25 private funds, per its SEC Form ADV (2026-03).

About Factorial Funds

Founded in 2021, Factorial Funds is a venture capital firm based in Menlo Park, California. The firm seeks to invest in consumer, healthcare, defense, financial services, and enterprise data.

Registered with the SEC

Form ADV · 2026-03 · CRD 319107
Regulatory AUM
$656.4M
Private fund assets
$1.3B
Private funds
25 · 20 venture, 5 private equity
Staff
6
Registered office
SAN FRANCISCO, CA
SEC status
Approved

Reports custody of client assets.

Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as FACTORIAL FUNDS MANAGEMENT LLC).

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  • ·The book's top 25 — of 24 recorded positions
  • ·Every recorded deal — 4 rounds
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Portfolio, priced

24 companies · by our current valuations
CompanyValuationRole
SpaceX$1.6T
Anthropic$965.0B
xAI$250.0B
Anduril Industries$110.9B
Perplexity AI$20.0B
Mistral AI$13.7B
Physical Intelligence$11.0B
ElevenLabs$11.0B
Thinking Machines Lab$10.0B
Wefox$4.5B
Luma AI$4.0B
The Bot Company$4.0B
Ayar Labs$3.8B
Mercury Technologies$3.5B
Sakana AI$2.6B
+ 9 more companies · a free account shows the top of the book

Recent deals

4 recorded
May 2026FractileEarly Stage VC (Series B)$242.5M
Jan 2024xAISeries A$134.7M
Jun 2023AnthropicSeries C$450.0M
Apr 2023Perplexity AISeries A$28.8M
Team
4 people on record — 4 with verified contacts

Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.

See the team →

Frequently asked

What companies does Factorial Funds invest in?
Factorial Funds has 24 recorded portfolio companies, including SpaceX, Anthropic, xAI, Anduril Industries.
What is Factorial Funds's AUM?
Factorial Funds manages approximately $803.7M in assets.
Is Factorial Funds actively investing?
Factorial Funds's most recent recorded investment was in May 2026, with 1 investments in the last 12 months.