About Figure
Figure is a company based in San Francisco (United States) founded in 2018 by June Ou. It operates as a FinTech, and Commission-Based. Figure has raised $435.22 million across 9 funding rounds from investors including Blockchain, JPMorgan Chase and Apollo Global Management. The company has 463 employees as of December 31, 2022. Figure offers products and services including Figure HELOC, DSCR Loan, Cash-Out Refinance, and Crypto-Backed Loan. Figure operates in a competitive market with competitors including Fundbox, eCapital, Dealstruck, Hello Alice and Kapitus, among others.
- Headquarter San Francisco, United States
- Employees 463 as on 31 Dec, 2022
- Founders June Ou
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Figure Technology Solutions Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$435.22 M (USD)
in 9 rounds
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Latest Funding Round
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Investors
Blockchain
& 21 more
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Employee Count
463
as on Dec 31, 2022
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IPO & Listings of Figure
Figure is a publicly listed company on the NASDAQ with ticker symbol FIGR in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Figure
Figure offers a comprehensive portfolio of products and services, including Figure HELOC, DSCR Loan, Cash-Out Refinance, and Crypto-Backed Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Home equity line of credit is offered by Figure.
Debt service coverage ratio loan is provided by Figure.
Cash-out refinance option is made available by Figure.
Crypto-backed loan product is offered through Figure's platform.
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Software Development Team
25 people
Finance and Accounting
8 people
Advisor Team
7 people
Legal and Compliance
7 people
Board Team
6 people
Leadership Team
6 people
Operations Team
5 people
Human Resources and Administration
5 people
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Funding Insights of Figure
Figure has successfully raised a total of $435.22M across 9 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 Total Funding
- Total Rounds 9
- Last Round Last Round
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First Round
First Round
(30 Apr 2018)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - Figure | Valuation | Victory Park Capital Advisors |
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| Nov, 2022 | Amount | Series D - Figure | Valuation |
investors |
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| May, 2021 | Amount | Series D - Figure | Valuation | DST Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Figure
Figure has secured backing from 22 investors, including venture fund and institutional investors. Prominent investors backing the company include Blockchain, JPMorgan Chase and Apollo Global Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage companies in fintech and multiple sectors are invested in.
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Founded Year | Domain | Location | |
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Private equity investments are focused on multiple sectors.
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Figure
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Figure
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Figure Comparisons
Competitors of Figure
Figure 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 Fundbox, eCapital, Dealstruck, Hello Alice and Kapitus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Business loans are facilitated via an AI-driven platform.
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| domain | founded_year | HQ Location |
Provider of asset-based, supply chain, and invoice financing solutions
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| domain | founded_year | HQ Location |
Business loans are facilitated through an online platform.
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| domain | founded_year | HQ Location |
Online networking platform for businesses to launch and grow
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| domain | founded_year | HQ Location |
Online lending platform for business loans
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Figure
Frequently Asked Questions about Figure
When was Figure founded?
Figure was founded in 2018.
Where is Figure located?
Figure is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Figure a funded company?
Figure is a funded company, having raised a total of $435.22M across 9 funding rounds to date. The company's 1st funding round was a Series D of $200M, raised on Apr 30, 2018.
How many employees does Figure have?
As of Dec 31, 2022, the latest employee count at Figure is 463.
What does Figure do?
Figure is established as Americas top non-bank home equity line of credit (HELOC) lender. The company is focused on providing financial solutions through products like HELOC, DSCR loans, cash-out refinance, and crypto-backed loans. Operations are supported by a fully online application process, ensuring fast approvals and funding. The platform is designed to unlock home equity for various needs, including home improvement, debt consolidation, and business funding. Advanced technology, including AI partnerships with OpenAIs GPT and Google Gemini, is integrated to enhance lending speed and efficiency. Figure also engages in partnerships with lenders, brokers, and servicers to expand its ecosystem.
Who are the top competitors of Figure?
Figure's top competitors include eCapital, Fundbox and Hello Alice.
What products or services does Figure offer?
Figure offers Figure HELOC, DSCR Loan, Cash-Out Refinance, and Crypto-Backed Loan.
Is Figure publicly traded?
Yes, Figure is publicly traded on NASDAQ under the ticker symbol FIGR.
Who are Figure's investors?
Figure has 22 investors. Key investors include Blockchain, JPMorgan Chase, Apollo Global Management, GoldenTree, and Digital Currency Group.
What is Figure's ticker symbol?
The ticker symbol of Figure is FIGR on NASDAQ.
What is Figure's valuation?
The valuation of Figure is $3.2B as of May 2021.
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