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Factorial Acquires Yc-Backed Fuell, Expands Into Expense Management Market

PUBLIC · FACOct 03, 2023

Acquiring Company

Factorial Energy

Acquired Company

YC-Backed Fuell

BillericaSoftwareSaaSEnterprise SoftwareHuman Resources

Description

Factorial, a leading provider of human resources software solutions, announced the acquisition of Fuell, an expense management startup based in Spain. This transaction marks Factorial's first acquisition and product expansion, making it Europe's first and largest integrated HR and expense management platform.

Quick answer

Factorial Energy is acquiring YC-Backed Fuell, announced October 3, 2023. Factorial Energy is based in Billerica, Massachusetts, United States.

How much did Factorial Energy pay for YC-Backed Fuell?
The deal value was not disclosed.
What does Factorial Energy do?
Factorial was founded in 2016 in Barcelona and experienced quick growth due to the fact that so many businesses face the same challenge: wasting time on never-ending manual tasks.
Where are Factorial Energy and YC-Backed Fuell based?
Factorial Energy is based in Billerica, Massachusetts, United States.
Who are the decision-makers at Factorial Energy?
Fundz holds 1 contact at Factorial Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Factorial Energy

Location

Billerica, Massachusetts, United States

About

Factorial was founded in 2016 in Barcelona and experienced quick growth due to the fact that so many businesses face the same challenge: wasting time on never-ending manual tasks. A few years later, in 2022, Factorial became a Unicorn, propelling us forward to continue on our mission of providing your business with a one-stop-shop solution for all people processes.

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Frequently asked

Who acquired YC-Backed Fuell?

YC-Backed Fuell was acquired by Factorial Energy, based in Billerica. The deal was reported on October 3, 2023. Factorial was founded in 2016 in Barcelona and experienced quick growth due to the fact that so many businesses face the same challenge: wasting time on never-ending manual tasks. Factorial Energy is publicly traded (FAC) and operates in Software.

When did Factorial Energy acquire YC-Backed Fuell?

Factorial Energy's acquisition of YC-Backed Fuell was reported on October 3, 2023. Factorial, a leading provider of human resources software solutions, announced the acquisition of Fuell, an expense management startup based in Spain. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does YC-Backed Fuell do?

YC-Backed Fuell is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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