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Latham Advises Atomico on Factorial’s US$120 Million Series C

October 12, 2022

Funding round values the pioneering HR platform a unicorn.

Latham & Watkins has advised Atomico as lead investor on the US$120 million Series C funding round of Factorial, an all-in-one HR platform using innovative technology to meet the unique needs of SMBs that have been historically overlooked. The fundraising values the company at US$1 billion.

The round was led by Atomico, with participation from GIC and prior round investors, including Tiger Global, CRV, K-Fund, and Creandum.

The Latham team was led by London corporate partner Shing Lo, with associates Aaron Bassett and John Slater.