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Figure - About the company

Figure is a series C company based in San Jose (United States), founded in 2022 by Brett Adcock. It operates as a Developer of AI-powered humanoid robots designed for everyday home assistance. Figure has raised $1.75B in funding from Parkway VC and Intel Capital, with a current valuation of $39B. The company has 118 active competitors, including 34 funded and 5 that have exited. Its top competitors include companies like Agility Robotics, Apptronik and Unitree.

Sectors and market segments that Figure operate in

Figure serves in the High Tech, Native AI market segments.The primary business model of Figure are:

Company Details

Developer of AI-powered humanoid robots designed for everyday home assistance. The robots use artificial intelligence to navigate and understand home environments. The robots are designed to handle household tasks. The company has a team with experience in AI and humanoid robotics.
Social
X
Key Metrics
Founded Year
2022
Location
San Jose, United States
Stage
Series C
Total Funding
$1.75B in 4 rounds
Latest Funding Round
Post Money Valuation
$39B as on Sep 16, 2025
Investors
Ranked
Employee Count
546 as on Mar 31, 2026
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Figure's funding and investors

Figure has raised a total funding of $1.75B over 4 rounds. Its first funding round was on May 24, 2023. Its latest funding round was a Series C round on Sep 16, 2025 for $1B. 7 investors participated in its latest round. Figure has 35 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Figure:lockFilter this list
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Figure's founders and board of directors

Founder? Claim Profile
The founders of Figure is Brett Adcock. Brett Adcock is the CEO of Figure.
Here are the details of Figure's key team members:

Figure's Board of Directors

Figure's board has 9 active members. Peter Welinder, Brett Adcock, Jesse Coors-Blankenship, Gregg Hill, Grant Hosking, Lee Randaccio, Dana Berlin, Logan Berkowitz and Colby Adcock are independent board members.
Here is the list of Figure's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m
Independent board member
-
Current
2y 0m

Figure's employee count trend

Figure has 546 employees as of Mar 26. Here is Figure's employee count trend over the years:
Employee count trend for Figure
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Figure's Competitors and alternates

Top competitors of Figure include Agility Robotics, Apptronik and Unitree. Here is the list of Top 10 competitors of Figure, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Agility Robotics
Agility Robotics
2015, Salem (United States), Series C
Developer of robots and a cloud-based automation platform for logistics operations
$180M
69/100
2nd
Logo for Apptronik
Apptronik
2016, Austin (United States), Series A
Developer of general-purpose humanoid robots for various applications and industries
$956M
64/100
3rd
Logo for Unitree
Unitree
2016, Hangzhou (China), Series C
Developer of quadruped robots, humanoid robots, robotic arms, and related components
$155M
64/100
4th
Logo for AgiBot
AgiBot
2023, Shanghai (China), Series B
Developer of embodied artificial intelligence robots for various applications
$83.8M
63/100
5th
Logo for Limx Dynamics
Limx Dynamics
2005, Shenzhen (China), Series B
Developer of embodied intelligent robotics and agentic operating system
$296M
62/100
6th
Logo for Mentee Robotics
Mentee Robotics
2021, Herzliya (Israel), Acquired
Developer of humanoid robots
$17M
60/100
7th
Logo for Neura Robotics
Neura Robotics
2019, Metzingen (Germany), Series C
Manufacturer of cognitive collaborative robots, humanoid systems and AI-powered assistants
$1.48B
60/100
8th
Logo for 1X
1X
2014, Palo Alto (United States), Series B
Provider of humanoid robots for personalized assistance
$126M
60/100
9th
Logo for Figure
Figure
2022, San Jose (United States), Series C
Developer of AI-powered humanoid robots designed for everyday home assistance
$1.75B
59/100
10th
Logo for PaXini
PaXini
2021, Shenzhen (China), Series B
Manufacturer of sensors to measure force in various applications
$150M
56/100
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Figure's Investments and acquisitions

Figure has made no investments or acquisitions yet.

News related to Figure

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Media has covered Figure for a total of 20 events in the last 1 year, 6 of them have been about partnerships and 3 about company updates.
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FAQs about Figure

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