# Factorial Funds: portfolio, investments and team > Factorial Funds is a vc firm based in United States. 2 investments on record, 1 in the last 12 months, latest May 2026. Source: https://millionrounds.com/fund/factorial-funds (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Factorial Funds Last cheque observed May 2026; 2 cheques on record. Email VC firm Deploying now Last fund $14M, Jan 2025 Growth Series B Artificial_intelligence Semiconductors Infrastructure Follow Factorial Funds and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffactorial-funds) Deploying now **100%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **175** days **00** hrs **00** min **00** sec Median round **$1.1B** Rounds led **1 of 2** Pitch Factorial Funds ## Factorial Funds highlights - 01 1 cheques in the last 12 months - 02 Mostly Growth and Series B: 100% of its rounds - 03 Led 1 rounds ## What they do > We invest in the companies defining the AI era: the intelligence, the silicon, the infrastructure, and the power to run it. From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Sectors:** Artificial_intelligence Semiconductors Infrastructure - **Based in:** Los Angeles, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **May** **[Fractile](https://millionrounds.com/company/fractile)** Series B · GB · Ventureburn **$220M** *Led* - **2025** 1 round - **Jan** **[Anthropic](https://millionrounds.com/company/anthropic)** Growth · US · TechCrunch **$2.0B** With 5 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **3 named** RT **Richard Thoms** Officer of the Issuer's Administrative Manager i Filing they signed SB **Sol Bier** Manager i Filing they signed SP **Solomon P Bier** Manager of Manager i Filing they signed We also hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$967M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Factorial Funds Management LLC - **SEC number:** CRD 319107 ## What they claim to have backed From their own portfolio page (on their website) **15** of 17 we have independently watched raise [Anduril](https://millionrounds.com/company/anduril-industries)[Anthropic](https://millionrounds.com/company/anthropic)[Arcade](https://millionrounds.com/company/arcade)[Ayar Labs](https://millionrounds.com/company/ayar-labs)[Bot Co](https://millionrounds.com/company/the-bot-company)[Confluent](https://millionrounds.com/company/confluent)[ElevenLabs](https://millionrounds.com/company/elevenlabs)[Fractile](https://millionrounds.com/company/fractile)[Lumalabs](https://millionrounds.com/company/luma-ai)[Mistral AI](https://millionrounds.com/company/mistral-ai)[Perplexity](https://millionrounds.com/company/perplexity)[Physical Intelligence](https://millionrounds.com/company/physical-intelligence)[Sardine](https://millionrounds.com/company/sardine)[Thinking Machines](https://millionrounds.com/company/thinking-machines-lab)[Udio](https://millionrounds.com/company/udio) FundamentalLabs Manus Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. Latest fund on file **$14M** raised in Jan 2025 From its SEC filing. Nothing newer is on file yet. ## The cheque Growth Series B Median round joined **$1.1B** the round, not its cheque Led 1 of 2 rounds **50%** - **Sole investor:** Never alone - **Last cheque:** May 2026 Rounds by stage said on their site - Growth *1* - Series B *1* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Factorial Funds?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Factorial Funds put money into. [**Fractile** $220M · May 2026](https://millionrounds.com/company/fractile)[**Anthropic** $2.0B · Jan 2025](https://millionrounds.com/company/anthropic) ## Quick answers about Factorial Funds ### What does Factorial Funds invest in? Factorial Funds invests most often at Growth and Series B (100% of the rounds on record), in sectors such as Artificial_intelligence, Semiconductors and Infrastructure. ### How active is Factorial Funds? 2 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in May 2026. ### What has Factorial Funds invested in recently? Its most recent investments on record: Fractile (Series B, May 2026) and Anthropic (Growth, Jan 2025). ### How big are Factorial Funds's cheques? The median round it joins is $1.1B. ### Is Factorial Funds investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is Factorial Funds? Factorial Funds is a VC firm based in Los Angeles, United States. ### How much does Factorial Funds manage? About $967M, as regulatory assets under management (Oct 2026). ### Has Factorial Funds raised a new fund? Its latest fund filing with the SEC was in Jan 2025, reporting $14M raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=factorial-funds) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=factorial-funds)