News

April 11, 2024

General Catalyst commits $80m to HR platform Factorial in ‘isolated’ debt

The HR platform’s CEO says this isn’t a “funding round” and represents a whole new way for later-stage companies to finance their growth


Tim Smith

3 min read

Spanish HR platform Factorial has signed a deal with US VC firm General Catalyst (GC), which will see the investor pump €80m into the business.

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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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