FinTechFunding

Factory_OS: Raises $55M in Series B Funding

  • Factory_OS, a Mare Island, CA-based multifamily housing design company, raised $55m in Series B funding
  • The round was led by Lafayette Square with participation from Autodesk, Citi, Facebook, Google, and Morgan Stanley
  • Factory_OS takes an integrated, industrialized, and tech-enabled approach to remove barriers throughout the housing development process
  • The company has an active research and development program and incorporates design, technology, construction, and workforce innovations
  • Factory_OS has built nearly 1,000 units to date
  • Through its partnership with the Northern California Carpenters Regional Council, the company employs 500 union workers earning competitive wages and benefits
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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