# FactoryFix

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

- Industry: Internet
- Headquarters: Chicago, US
- Website: www.factoryfix.com
- Total disclosed funding: $11M
- Latest round: Series A (Jan 21, 2022)
- Investors on record: 7

## About

Based in Illinois, US, and founded in 2017 by Patrick O'Rahilly, FactoryFix Inc. provides a platform for manufacturers to access a vetted network of experienced professionals such as CNC machinists, programmers, welders, designers, and maintenance technicians. In December 2018, FactoryFix raised USD 1 million in Seed financing from Capital Midwest Fund and Great North Ventures. The round was part of a larger USD 1.5 million Seed and venture debt funding. Additionally, in March 2020, it raised USD 1.8 million in venture funding from Bossa Nova Investimentos, Revolution, and Revolution Ventures. Lastly, in January 2022, FactoryFix raised USD 10 million in Series A funding led by new investor Grotech Ventures, with participation from returning investors Revolution LLC and Capital Midwest Fund, and other new investors ETF@JFFLabs, Great North Ventures, and Hyde Park Venture Partners. The Series A funding values FactoryFix at USD 51 million post-money. The company is led by CEO, Patrick O’Rahilly and CTO, Timothy Nott. 

FactoryFix offers a recruitment automation solution that enables manufacturing companies to source manufacturing talent such as CNC machinists, automation techs, controls engineers, electrical engineers, machine operators, maintenance techs, mechanical designers, process techs, production supervisors, quality techs, tool & die makers, and welders. The company's solutions include FactoryFix's Talent Search which enables customers to find and connect with manufacturing workers in FactoryFix's database containing more than 700,000 workers; talent automated screening, and access to a pool and insights of new workers' profiles added to the platform. FactoryFix is an official recruiting partner of the National Association of Manufacturers, the Manufacturing Institute, and Creators Wanted.      

The company grew its revenue by over 400% in 2021. FactorFix generates revenue through a subscription-based model ranging from basic and professional to enterprise.

## Funding rounds

- Series A, Jan 21, 2022, $10M — Grotech Ventures, Capital Midwest Fund, Hyde Park Venture Partners, Great North Ventures, ETF@JFFLabs, Revolution
- Seed, Dec 3, 2018, $1M — Capital Midwest Fund, Great North Ventures
- Seed, Nov 20, 2017 — gener8tor

## Investors

- gener8tor (https://capitalatlas.ai/funds/gener8tor) — Seed
- Capital Midwest Fund (https://capitalatlas.ai/funds/capital-midwest-fund) — Seed, Series A
- Great North Ventures (https://capitalatlas.ai/funds/great-north-ventures) — Seed, Series A
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Series A
- ETF@JFFLabs — Series A
- Revolution (https://capitalatlas.ai/funds/revolution) — Series A