Falfurrias has made a growth investment in FactorLab, a Pleasanton, California-based work risk AI company. FactorLab focuses on transforming how high-risk work is planned and delivered in distributed operations.

The investment will support FactorLab's next phase of growth by funding continued development of its proprietary AI and machine learning technology. It will also fuel the growth of its commercial organization and expansion into adjacent industries.

Barry Nelson serves as founder and CEO of FactorLab. In conjunction with this investment, Piers Wells will serve as a director of FactorLab. The specific amount of the investment was not disclosed, but it represents a significant capital injection for the AI firm.