About Figment
Figment is a Technology company based in Toronto (Canada) founded in 2018 by Lorien Gabel and Ryan Funduk. Staking solutions are delivered via an online platform. Figment has raised $165 million across 7 funding rounds from investors including Binance, Notion and Fidelity Investments. The company has 153 employees. Figment has completed 1 acquisition, including Rated. Figment was last valued at $1.4 billion in December 2021. Its chief executive, as recorded, is Lorien Gabel. Its website figment.io draws about 97 thousand monthly visits. Figment offers products and services including Staking App, Staking Data API, Validators, Liquid Staking, and Figment Vaults. Its focus areas include High Tech, Blockchain Infrastructure, Application Development Platforms and Blockchain Technology.
Company details
Figment was founded in 2018 and is headquartered in Toronto, Canada. Operations are focused on the blockchain staking sector, where an online platform is maintained to support various services. Rewards optimization, rapid API development, rewards reporting, partner integrations, governance participation, and liquid staking are included among the offerings. Infrastructure for staking activities is provided to users globally.
- Headquarters Toronto, Canada
- Employees 153
- Founders Lorien Gabel, Ryan Funduk
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Website figment.io
- Social LinkedIn X YouTube
Products & Services of Figment
Figment offers a comprehensive portfolio of products and services, including Staking App, Staking Data API, Validators, Liquid Staking, and Figment Vaults.
Application for secure digital asset staking and rewards tracking.
API for analyzing staking rewards and performance insights.
Tools for validating blockchain transactions and securing networks.
Service for staking assets while maintaining liquidity options.
Vaults for protecting staked assets from slashing risks.
Feature for restaking assets across multiple protocols securely.
Apps and channels of Figment
its YouTube channel Figment has 2.09K subscribers and 30 videos.
Videos from Figment
The most watched videos on Figment's YouTube channel, Figment (2.09K subscribers). Click a video to play it here.
More on Figment.
Funding Insights of Figment
Figment has successfully raised a total of $165M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $165M
- Total Rounds 7
- First Round $1M
(Jun 2018)
- Investors Count 62
All 7 funding rounds of Figment with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | Series C | – | – | ||
| Jan 2023 | Series C | – | – | ||
| Dec 2021 | $110M | Series C | $1.4B | Thoma Bravo | |
| Aug 2021 | $50M | Series B | $500M | Liberty City Ventures, Senator Investment Group | |
| Oct 2020 | $2.5M | Series A | – | Bonfire Ventures | |
| Jun 2019 | $1.5M | Seed | – | Bonfire Ventures, XDL Capital Group | – |
| Jun 2018 | $1M | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $1.4B | •••••••• |
| Aug 2021 | $500M | •••••••• |
Last known valuation $1.4B (Dec 2021). 62 investors in total: 60 institutional and 2 angel.
Investors in Figment
Figment has secured backing from 62 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Binance, Notion and Fidelity Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Investments are focused on crypto and tech companies by ParaFi. | 2018 | parafi.com | Greenwich, United States | |
Investments are directed toward early-stage companies by Bonfire Ventures. | bonfirevc.com | Santa Monica, United States | ||
Private equity and infrastructure fund investing in multiple sectors | dtcp.capital | Hamburg, Germany | ||
Venture capital and incubation are provided for blockchain technology firms. | libertycityventures.com | New York, United States | ||
Private equity & fixed income investments focused hedge fund | senatorlp.com | New York, United States | ||
Investment and strategic support are provided by Raptor Group. | raptorgroup.com | Boston, United States | ||
Diversified asset management firm | willcapllc.com | New York, United States | ||
Startups are accelerated by a VC-backed program in Taiwan. | appworks.tw | Taipei, Taiwan | ||
HOF Capital is engaged in venture capital investments. | hofcapital.com | New York, United States |
Investor details for Figment
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Figment
68 people are tracked at Figment (18 in leadership, 50 in team); the tracked headcount is 153.
| Name | Role | Group |
|---|---|---|
Lorien Gabel | Co-Founder & CEO | Leadership |
Ryan Funduk | Co-Founder | Leadership |
Andrew Cronk | CPO & Co-Founder | Leadership |
Jack Jia | Head Of Revenue Operations | Leadership |
Anonymous | CTO & Co-Founder | Leadership |
Bill Mehleisen | Head of People & Chief of Staff | Leadership |
Eva Lawrence | Head Of EMEA | Leadership |
Yan Shan Tan | Head Of APAC | Leadership |
Pac Smith | Senior Director, Talent | Leadership |
Eme Housser | Director, Legal And Regulatory Affairs | Leadership |
Christoph Richter | Head Of Business Development MENA | Leadership |
Zachery Schiller | Director Of Product Engineering | Leadership |
Jared Crace | Director, Devops & Data Engineering | Leadership |
Ben Spiegelman | Vp, Head Of Corporate Development & Partnerships | Leadership |
Dennis Bree | VP Of Revenue | Leadership |
Adam van der Beek | Director Of Product Management | Leadership |
Josh Deems | Director Of Sales, Americas | Leadership |
Steve Bammert | Director Of Product Management | Leadership |
Mike Baer | Team Member, Growth | Team |
Victor F. | Senior Devops Engineer | Team |
48 more people are available in the full profile.
Complete people profiles for Figment
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Figment
Figment has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rated.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Validator rating platform for Beacon chain | rated.network | London, United Kingdom | 2020 | Oct 2025 | •••• |
Complete acquisition details for Figment
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Figment
6 dated milestones of Figment across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Figment is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series C,.
- Acquisition Acquires Rated.
Web traffic of Figment
The website of Figment (figment.io) receives about 97.1K visits a month.
- Monthly visits97.1K
▲ 12.6% vs previous month
Websites whose visitors overlap most with Figment. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| earnpark.com | 100% | 62.7K | #488,010 | View details | |
| kintsu.xyz | 94% | 10.6K | #2,865,468 | View details | |
| originprotocol.com | 87% | 26.7K | #1,019,421 | View details | |
solanacompass.com | solanacompass.com | 87% | #406,210 | – | |
| tangem.com | 87% | 690.7K | #71,369 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Figment
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Figment
Complete news archive for Figment
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Figment
Figment was founded in 2018.
Figment is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Lorien Gabel is the CEO of Figment, as recorded in our data. They have also founded this company.
Figment is a funded company, having raised a total of $165M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jun 2018.
Figment has 153 employees.
Figment was founded in 2018 and is headquartered in Toronto, Canada. Operations are focused on the blockchain staking sector, where an online platform is maintained to support various services. Rewards optimization, rapid API development, rewards reporting, partner integrations, governance participation, and liquid staking are included among the offerings. Infrastructure for staking activities is provided to users globally.
Figment offers Staking App, Staking Data API, Validators, Liquid Staking, and 2 more products and services.
Figment has made 1 acquisition, including Rated.
Figment has 62 investors. Key investors include Binance, Notion, Fidelity Investments, BlockFi, and StarkWare.
The valuation of Figment is $1.4B as of Dec 2021.