Figure - About the company
Figure is a public company based in San Francisco (United States), founded in 2018 by Mike Cagney and June Ou. It operates as a Blockchain-based platform for consumer loans. Figure has raised $435M in funding from investors like DST Global, RPM Ventures and Ribbit Capital. The company has 563 active competitors, including 35 funded and 24 that have exited. Its top competitors include companies like SoFi, Moneylion and Avant.
Sectors and market segments that Figure operate in
Figure serves in the FinTech market segments.The primary business model of Figure is:Company Details
Blockchain-based platform for consumer loans. It provides a blockchain-based platform for consumer loans. It offers loans such as personal loans, residential mortgage loans, home equity loans, mortgage refinancing loans, and more. It provides a blockchain-based platform for capital raising and fundraising. It also provides trading tools for startups and businesses in order to track and manage equities.
- Website
- www.figure.com/
- Email ID
- *****@figure.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2018
Location
San Francisco, United States
Stage
Public
Total Funding
$435M in 9 rounds
Latest Funding Round
Investors
Ranked
8th among 563 active competitors
Employee Count
622 as on May 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Figure
Figure is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FIGURE TECHNOLOGIES, INC. CIN: 32067619273 , United States, Active | Jun 26, 2018 | - | - | - |
FIGURE TECHNOLOGIES, INC. CIN: 823999124 , United States, Active | Jan 09, 2018 | - | 92 (As on Dec 31, 2024) | - |
Figure's IPO details
Figure got listed on Sep 11, 2025.
Click here to take a look at Figure's IPO in detail
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Figure's funding and investors
Figure has raised a total funding of $435M over 9 rounds. Its first funding round was on Apr 30, 2018. Its latest funding round was a Conventional Debt round on May 22, 2025 for an undisclosed amount. 1 investor participated in its latest round. Figure has 51 institutional investors.
Here is the list of recent funding rounds of Figure:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 22, 2025 | Undisclosed | Conventional Debt | - | - | - | |
Nov 14, 2022 | $7.5M | Series D | - | - | - | - |
May 20, 2021 | $200M | Series D | $3.2B | - |
View details of Figure's funding rounds and investors
Figure's founders and board of directors
Founder? Claim ProfileThe founders of Figure are Mike Cagney and June Ou.
Here are the details of Figure's key team members:
- Mike Cagney: Former Co-Founder of Figure and founder of 1 other company.
- June Ou: Co-Founder of Figure. Contact Info: 1 email address
View details of Figure's Founder profiles and Board Members
Figure's employee count trend
Figure has 622 employees as of May 26. Here is Figure's employee count trend over the years:
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Figure's Competitors and alternates
Top competitors of Figure include SoFi, Moneylion and Avant. Here is the list of Top 10 competitors of Figure, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SoFi 2011, San Francisco (United States), Public | Online bank offering consumer loans and insurances | $3.04B | 87/100 | |
2nd | Moneylion 2013, Sandy (United States), Acquired | Online platform for instant consumer loans and mobile banking | $268M | 82/100 | |
3rd | Avant 2012, Chicago (United States), Series E | Online platform for consumer loans | $905M | 77/100 | |
4th | Fundbox 2013, San Francisco (United States), Series D | AI-based platform for business loans | $734M | 76/100 | |
5th | Earnest 2013, San Francisco (United States), Acquired | Direct lender for student loan refinancing and personal loans | $107M | 72/100 | |
6th | 8fig 2020, Austin (United States), Acquired | Provider of funding solutions for e-commerce businesses | $196M | 68/100 | |
7th | Oportun 2005, Menlo Park (United States), Public | Online platform for consumer loans | $204M | 68/100 | |
8th | Figure 2018, San Francisco (United States), Public | Blockchain-based platform for consumer loans | $435M | 74/100 | |
9th | Atlanticus Holdings 1996, Atlanta (United States), Public | Provider of credit cards for individuals and businesses | - | 67/100 | |
10th | Liquidity Group 2018, New York City (United States), Series C | Provider of AI-based solutions for business lending | $120M | 66/100 |
Looking for more details on Figure's competitors? Click here to see the top ones
Figure's Investments and acquisitions
Figure has a total of 1 investment in AGORA Data. Figure has not made any acquisitions as of now.News related to Figure
Media has covered Figure for a total of 90 events in the last 1 year, 42 of them have been about company updates and 7 about partnerships.
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Cross River Extends $250 Million Forward-Flow Commitment for Figure’s Crypto-Backed LoansGlobal Fintech Series•Jun 05, 2026•Cross River Bank, Figure
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Figure Technologies raises $200 million to reach $3.2 billion valuationFinTech Futures•May 27, 2026•Figure
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Carpenter Technology Corporation $CRS Shares Sold by William Blair Investment Management LLCMarketBeat•May 24, 2026•Carpenter Technology, William Blair, Perella Weinberg Partners, Silgan Holdings and 1 other
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Figure's Mike Cagney Outlines Potential SPAC Strategy to Drive Ecosystem Growth and Capital Markets AdoptionCrowdfund Insider•May 08, 2026•Figure
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Credibly Partners with Figure to Expand SMB Capital Access via Decentralized MarketplacePYMNTS.com•May 05, 2026•Figure, Credibly
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Figure Technology Solutions Cuts Lending Costs by 117 Basis Points Using BlockchainCrowdfund Insider•Apr 29, 2026•Figure, Animoca Brands
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