Factual Receives $1 Million From Angels

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Factual Inc.

Seed: $1,000,000

Founded: 01/2009
Industry: Data Management

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Factual is a platform where anyone can share and mash open data on any subject. Think of google docs using a spreadsheet and sharing it with the world. That is an over-simplification but you get the idea. It is quite impressive and a very interesting idea. You can find lists of data online such as restaurants but, as their working example, never in a spreadsheet format. You can modify and so can others. Take a look. Here is a list of their angels that they had in their press release.

* Andreessen Horowitz – Founders, Marc Andreessen, Ben Horowitz
* Bill Gross – Founder/Chairman, Idealab
* Danny Rimer – Index Ventures
* Esther Dyson – Founder, EDventure Holdings
* Founder Collective
* Gunderson Dettmer
* Lee and June Stein
* Mårten Mickos, former CEO of MySQL
* Miramar Venture Partners
* Richard Rosenblatt – CEO, Demand Media
* Scott Kurnit – Founder, About.com
* Thomas Lehrman – Founder, Gerson Lehrman Group
* Tom Unterman – Founder, Rustic Canyon Ventures


Funding Total: $1,000,000

Round Date Amount Pre Amount Post Amount
Seed 02/2010 $1,000,000

See all fundings here


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