Factor Hardware revenue hit $2M in 2024

Factor Hardware generates revenue from customers

Factor Hardware

San Francisco, California, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How Factor Hardware hit $2M revenue with a 21 person team in 2023.

Factor's Supplier Relationship Management system offers unparalleled visibility into production capabilities, supplier timelines, and costs. In a world where supply chains are increasingly complex and susceptibilities to global disruptions are on the rise, the need for visibility and agility is paramount to manufacture products swiftly, affordably, and with minimal effort. The era of losing critical information due to inefficient communication is over. Our system transitions supplier management online, enabling always-on insight into every step from supplier onboarding to receiving goods. Factor uniquely connects all parties in your end-to-end supply chain—including R&D, tier 1 suppliers, subcontractors, and operations—in a platform that's sophisticated enough to meet the demands of the most complex manufacturing requirements, yet user-friendly for all stakeholders. With Factor, you gain the assurance of knowing which suppliers have the execution capabilities required to deliver the product you need, precisely when you need it. Procure multiple quotes from your qualified suppliers more effortlessly than obtaining a single quote without Factor. Reduce the time spent on chasing emails, allowing more time for creating new products and driving innovation. Our customers experience significant advantages, including saving months in product development time and enjoying annual savings ranging from 14% to 31% on the cost of their outsourced manufacturing.

Founded

2018

Founded

Revenue

$2M

2023 Revenue

YOY

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YOY

Funding

$0

Funding

Factor Hardware Revenue

In 2023, Factor Hardware revenue run rate hit $2M in revenue.

  • 2023

    Factor Hardware hit $2M in revenue in 2023

  • 2018

    Factor Hardware launched in 2018 with $0 revenue

Factor Hardware Funding History


No funding has been reported for Factor Hardware yet.

Team

Factor Hardware has 21 total employees.

DISTRIBUTION QTY
Total team size 21

Founder / CEO

Doug Shultz

Q&A

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Customers

Churn

Factor Hardware Executives

Name Position Working Email Personal Email
Doug Shultz CEO [email protected] -

Factor Hardware Employees

Name Position Working Email Personal Email
Doug Shultz CEO [email protected] -

Frequently Asked Questions about Factor Hardware

  • When was Factor Hardware founded?

    Factor Hardware was founded in 2018.

  • How much revenue does Factor Hardware generate?

    Factor Hardware generates $2M in revenue.

  • Who is the CEO of Factor Hardware

    The CEO of Factor Hardware is Doug Shultz.

  • How much funding does Factor Hardware have?

    Factor Hardware raised $0.

  • How many employees does Factor Hardware have?

    Factor Hardware has 21 employees.

  • Where is Factor Hardware headquarters?

    Factor Hardware is headquartered at San Francisco, California, United States

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