# Factory

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/factory

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.factory.app/
- Total disclosed funding: $6.7M
- Latest round: Series A (Jan 28, 2026)
- Investors on record: 7

## About

Based in New South Wales, Australia, and founded in 2021 by CEO Paul Lutkajtis and co-founder Michael Lutkajtis, Factory operates as a developer of management software to manage sales and purchasing processes. In January2026, Factory raised USD 4.69 million in series A funding led by Shearwater Capital, with participation from  Beachhead Capital.

Factory provides tools to manage customers, suppliers, products, and inventory levels, creating quotes, tracking, planning, and scheduling jobs across businesses. The company provides a variety of solutions, such as creating multi-purchase orders, e-mail purchases, supplier pricing, and accounting integration. In addition, the firm provides transparency, customized job status, shares notifications, and tracks

The company will use the January 2026 funding to increase product and engineering capacity, expand the go-to-market team, and support US expansion.

## Funding rounds

- Series A, Jan 28, 2026, $4.7M — Shearwater Capital, Beachhead Venture Capital
- Seed, Dec 3, 2024, $1.1M — Investible, Beachhead Venture Capital, Jakeco Pty Ltd, Hugo-Hamman Investments Pty Limited, Lutkajtis Investments Pty Ltd
- Seed, Jun 19, 2023, $0.9M — Investible, Beachhead Venture Capital, 1in100 Ventures, Jakeco Pty Ltd, Hugo-Hamman Investments Pty Limited, Lutkajtis Investments Pty Ltd

## Investors

- Investible (https://capitalatlas.ai/funds/investible) — Seed
- Beachhead Venture Capital (https://capitalatlas.ai/funds/beachhead-venture-capital) — Seed, Series A
- 1in100 Ventures (https://capitalatlas.ai/funds/1in100-ventures) — Seed
- Jakeco Pty Ltd — Seed
- Hugo-Hamman Investments Pty Limited — Seed
- Lutkajtis Investments Pty Ltd — Seed
- Shearwater Capital — Series A