The Work Index by Flexa

Faction

Faction is a technology company developing driverless solutions for light electric vehicles that are both safe and cost-effective.

https://www.faction.us/
6.0

/10

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Description

Faction is a Silicon Valley startup that develops driverless solutions based on light electric vehicles. Their mission is to revolutionize micro-logistics and vehicle-on-demand by creating driverless vehicles that are safe, cost-effective, and right-sized to serve a range of use cases for both business and passenger transportation needs. Faction believes that full autonomy is still years away from a profitable product, so they combine autonomy with remote human TeleAssist®, creating a viable market solution for driverless vehicles today. Their DriveLink® platform brings the best of technology and human capability, enabling a pragmatic approach towards the future of self-driving vehicles.

Faction has partnered with several companies, including Arcimoto, GoCar, and ElectraMeccanica, to deploy their driverless vehicle technology. They have also received investments from TDK Ventures, Trucks Venture Capital, Fifty Years, and Y Combinator. Faction is actively developing and testing their technology in real-world scenarios, and they are making significant strides in the driverless vehicle industry.

Flexibility

Faction offers flexible vacation time, indicating a commitment to employee well-being and work-life balance. The company also holds monthly demo days, which could potentially be a way for employees to showcase their work or receive training, suggesting a collaborative and transparent work environment. While the website doesn't mention remote work or flexible schedules explicitly, the emphasis on a positive and supportive work environment could imply a willingness to accommodate individual needs and preferences.

Benefits

Faction offers a competitive benefits package that includes flexible vacation time, monthly demo days, medical, dental and vision coverage, a 401(k) plan and access to great coffee. These benefits are designed to support employee well-being and create a positive and engaging work environment.

Enhanced parental leave

Mission

Faction is a technology company that develops driverless solutions for light electric vehicles, focusing on a pragmatic approach to autonomy that combines baseline autonomy with a trajectory-based assist system, enabling immediate deployment. They believe that the best solution for driverless fleets is a combination of autonomy and remote TeleAssist®, providing a viable market solution for driverless vehicles today. Their mission is to revolutionize micro-logistics and vehicle-on-demand by developing safe, cost-effective, and right-sized driverless vehicles that serve a range of use cases for both business and passenger transportation needs.

Automation
Data-driven
Disruptor
Environmental impact driven
Improving quality of life/health
Science and research driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Faction promotes a culture of innovation, safety, and collaboration. They prioritize a "no ego" environment where team members are encouraged to think independently, hold each other accountable, and welcome new ideas. Faction values a positive work environment with a focus on flexibility, meaningful relationships, and celebrating success. They foster a strong sense of ownership and responsibility among team members, encouraging them to enjoy the journey toward achieving great results.

Agile and dynamic
Autonomous
Collaborative
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive

DE&I

Faction is committed to fostering a diverse, equitable, and inclusive workplace where everyone feels valued, respected, and empowered to contribute their unique talents. They believe that a diverse team leads to innovative solutions and a more fulfilling work environment. Faction actively seeks out and supports individuals from all backgrounds, promoting a culture of open communication and collaboration, celebrating individual differences, and providing equal opportunities for career advancement.

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