Factored Quality
Building a digital quality control platform for modern E-Commerce and CPG brands.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
* | $1.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Factored Quality is a startup that operates in the quality control and compliance sector. It offers a unified platform that brings together all aspects of quality control and compliance operations for businesses. The company serves a global client base, including operations teams, labs, and inspectors, and has a network of over 2000 inspectors, labs, and auditors in more than 30 countries.
The platform streamlines communication between these entities, making it easier to coordinate and finalize inspections. It also offers easy booking for both internal and third-party quality control teams. Factored Quality's platform can be integrated with supply chain software, allowing businesses to seamlessly book quality control inspections, testing, or compliance audits.
The company's business model is based on providing a service that simplifies the quality control process for businesses. It generates revenue by charging for access to its platform and services. The platform also offers custom inspection checklists and protocols, and can automatically generate relevant quality control analytics about suppliers and products. This gives businesses an unprecedented level of insight into their supply chains.
Factored Quality's services cover every part of a product's journey, from ideation to production and warehousing. The company has received positive feedback from its clients, who have praised its ability to streamline the quality control process and help them make better manufacturing decisions.
Keywords: Quality Control, Compliance, Global Coverage, Digital QC Management, Supply Chain Software Integration, Custom Inspection Checklists, QC Analytics, Product Journey Services, Streamlined Communication, Risk Management.