Introduction
Firgure was founded in 2018 by Alana Ackerson Cynthia Chen June Ou Michael Cagney, and Sara Priola. It has its headquarter in San Francisco, United States.
Figure provides consumer financial solutions intended for home improvement, debt consolidation, and retirement planning. Its financial services include provide home equity release services such as home equity lines of credit, home improvement loans, and home buy-lease back offerings for retirement leveraging through blockchain, artificialintelligence, and advanced analytics, enabling customers to access capital in as few as five days.
Figure is transforming the trillion–dollar financial services industry using blockchain technology. In three short years, Figure has unveiled a series of fintech firsts using the Provenance Blockchain for loan origination, equity management, private fund services, banking and payments.
Mission
The mission of Figure is to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.
Why Figure?
Figure is using the proven power of the Provenance Blockchain technology to transform the trillion dollar financial services industry by bringing speed, efficiency, and savings to both consumers and institutions.
Funding
Figure has raised a total of $1.6B in funding over 9 rounds and is funded by 39 investors.
Below, are the details of the different rounds of funding received by Figure.
Funding Round | Money Raised | Number of Investors | Lead Investors |
Series D | $200M | 20 | 10T Holdings
Morgan Creek Digital |
Secondary Market | $1.5M | 1 | - |
Debt Financing | $100M | 1 | JP Morgan |
Series C | $103M | 9 | Morgan Creek Digital |
Series C | $3.5M | 1 | - |
Initial Coin Offering | $20M | - | - |
Debt Financing | $1B | 2 | Jefferies
WSFS Bank |
Series B | $73.6M | 13 | RPM Ventures |
Series A | $50M | 18 | DCM Ventures
DST Global
Ribbit Capital
RPM Ventures
Sebastian Zhou |
Acquisitions
Figure has acquired one organization namely HomeBridge Financial Services.
News & Media
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