Factory has officially launched Droids, hailed as the world’s leading software development agents, following their #1 ranking on Terminal Bench, the benchmark used by elite tools such as Claude Code and Cursor. Alongside this product launch, Factory announced a $50 million Series B funding round led by NEA, Sequoia Capital, NVIDIA, and J.P. Morgan, with participation from prominent angel investors, including Frank Slootman, Nikesh Arora, and Aaron Levie.
Unlike traditional AI coding platforms that restrict developers to a single IDE, LLM, agent, or interface, Factory’s platform offers unparalleled flexibility. It is IDE-agnostic, LLM-agnostic, interface-agnostic, and remote/local-agnostic. Developers can delegate tasks to Droids via Terminal, IDE, Slack, Linear, or the Browser, and even configure headless mode to automate fully customized workflows. By providing agents that meet developers where they already work, Factory is simplifying the transition toward agent-native development.
“Agent‑native development presents the most substantive shift in software development since the move to the cloud,” said Matan Grinberg, co-founder and CEO of Factory. “At Factory, we’re bringing that transition to every developer starting with Droids in the CLI so teams can evolve their behavior without rewriting their entire workflow. Agents will not replace developers, but developers who are fluent with agents will rapidly outleverage and outpace developers who are not.”
At the organizational level, Factory integrates seamlessly with the entire engineering stack, including GitHub, Slack, Jira, Datadog, Sentry, and Google Drive. Leveraging this context, Droids onboard like a seasoned engineer, creating a “mental model” comparable to someone who has worked in a codebase for decades.
Also Read: Agentic AI in IT Operations: Reducing Downtime and Boosting System Reliability
Leading enterprises and partners, including Ernst & Young, NVIDIA, MongoDB, Zapier, Bayer, and Clari, are leveraging Factory to accelerate tasks across the full software development lifecycle, including:
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Migrations & Refactors
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Feature Development
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Codebase Q&A
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Code Review
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Documentation
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Incident Response
Customers report significant efficiency gains, such as 31x faster feature delivery, 96.1% shorter migration times, 95.8% reduction in on-call resolution, higher quality code, and more time for developers to focus on design and architecture. By abstracting the complexity of agent management and meeting engineers in their existing workflows, Factory is making the agent-native future attainable.
“Factory is demonstrating what no other agentic coding platform has: that enterprises will adopt and scale this technology when it delivers real value,” said Madison Faulkner, Partner at NEA. “We believe their ability to combine enterprise adoption with scalable unit economics strongly positions them to lead and define the future with an entirely new category of agent-native development.”
The newly secured funding will enable Factory to expand product capabilities, increase enterprise adoption, and grow its team of world-class talent across engineering, research, and go-to-market operations.
