Factory AI is an agent-native software development platform built around autonomous coding agents called Droids. Unlike traditional AI coding copilots that live only inside an IDE, Factory Droids operate across the terminal, IDE (VS Code, JetBrains), web dashboard, and mobile — allowing engineers to delegate work and review results from anywhere. Each Droid specializes in a specific workflow such as code migration, test suite generation, documentation synchronization, codebase modernization, and end-to-end feature delivery, handling the full software development lifecycle from code generation and review to deployment. The platform emphasizes managing autonomous agents as team members rather than just prompt-and-paste assistants, with cloud-managed Droid Computers, usage tracking, and an agent-readiness dashboard. Factory raised a $150M Series C in April 2026 at a $1.5B post-money valuation led by Khosla Ventures, with participation from Sequoia Capital, Insight Partners, Blackstone, and NEA, cementing its position among the leading enterprise AI engineering platforms. The product is designed for serious engineering teams that want to move beyond inline completions toward fully delegated, asynchronous coding workflows.