About Figure Eight
Figure Eight is a company based in San Francisco (United States) founded in 2007 by Lukas Biewald and Chris Van Pelt was acquired by Appen in March 2019. It operates as a B2B and SaaS. Figure Eight has raised $56.9 million across 7 funding rounds from investors including Bessemer Venture Partners, Appen and Canvas Ventures. The company has 228 employees as of December 31, 2022. Figure Eight offers products and services including AI Training Data, Data Annotation, Data Collection, LLM Training Data & Services, and Platform. Figure Eight operates in a competitive market with competitors including Snorkel AI, DataLoop, Encord, Labelbox and Granica, among others.
- Headquarter San Francisco, United States
- Employees 228 as on 31 Dec, 2022
- Founders Lukas Biewald, Chris Van Pelt
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Crowdflower
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$56.9 M (USD)
in 7 rounds
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Latest Funding Round
$20 M (USD), Series D
Jun 12, 2017
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Investors
Bessemer Venture Partners
& 7 more
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Employee Count
228
as on Dec 31, 2022
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Acquired by
Appen
(Mar 10, 2019)
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Products & Services of Figure Eight
Figure Eight offers a comprehensive portfolio of products and services, including AI Training Data, Data Annotation, Data Collection, LLM Training Data & Services, and Platform.
Provides datasets for training AI models effectively
Service for labeling data to improve AI accuracy
Gathers diverse data for AI applications worldwide
Offers specialized data for large language models
Enables data curation and monitoring for AI projects
People of Figure Eight
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Independent Team
25 people
Data Analysis and Operations Team
23 people
Software Development Team
17 people
Leadership Team
12 people
Project Team
10 people
Sales and Marketing
6 people
Search Team
5 people
Creative and Marketing Team
5 people
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Funding Insights of Figure Eight
Figure Eight has successfully raised a total of $56.9M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in June 2017. 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.
Investors in Figure Eight
Figure Eight has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Appen and Canvas Ventures.
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Investments in private tech ecosystem are made by Industry Ventures.
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VC firm making early stage investment in tech companies in the US
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Venture capital investments in technology startups are facilitated by M12.
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Investor details for Figure Eight
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- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Figure Eight
Investment portfolio details for Figure Eight
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - Figure Eight
Detailed financials for Figure Eight
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Figure Eight Comparisons
Peer comparison for Figure Eight
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- Named peers
- Headcount comparison
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Competitors of Figure Eight
Figure Eight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Snorkel AI, DataLoop, Encord, Labelbox and Granica, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI development processes offering programmatic solutions
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Provider of an AI annotation and management platform
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Cloud based platform offering image and video analytics solutions
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Training data platform for AI applications is provided.
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AI efficiency platform for AI training
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Detailed competitors of Figure Eight
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- Domains and locations
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Latest news on Figure Eight
Complete news archive for Figure Eight
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Frequently Asked Questions about Figure Eight
Figure Eight was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Figure Eight is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Lukas Biewald is the current CEO of Figure Eight. They have also founded this company.
Figure Eight is a funded company, having raised a total of $56.9M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Figure Eight is 228.
Appen specializes in creating scalable, high-quality data for AI models, including annotation and collection services. It supports the AI lifecycle from data preparation to monitoring through its platform. Based in Australia and the USA, Appen partners with top companies and institutions to deliver diverse datasets for generative AI and machine learning. The company emphasizes human-AI collaboration to enhance model performance and meets enterprise needs with flexible, innovative solutions.
Figure Eight's top competitors include DataLoop, Snorkel AI and Encord.
Figure Eight offers AI Training Data, Data Annotation, Data Collection, LLM Training Data & Services, and Platform.
Figure Eight has 8 investors. Key investors include Bessemer Venture Partners, Appen, Canvas Ventures, Industry Ventures, and M12.