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.
- Website
- www.figure.ai/
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
9th among 118 active competitors
Employee Count
546 as on Mar 31, 2026
Legal entities associated with Figure
Figure is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Figure AI Inc. CIN: 882447866 , United States, Active | Jan 01, 1970 | - | - | - |
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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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2025 | $1B | Series C | $39B | - | ||
Feb 23, 2024 | $675M | Series B | $2.6B | - | - | |
Jul 17, 2023 | $9M | Series A | - | - | - |
View details of Figure's funding rounds and investors
Figure's founders and board of directors
Founder? Claim ProfileThe founders of Figure is Brett Adcock. Brett Adcock is the CEO of Figure.
Here are the details of Figure's key team members:
- Brett Adcock: Founder & CEO of Figure and founder of 2 other companies, Archer and Archer. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Figure's Founder profiles and Board Members
Figure's employee count trend
Figure has 546 employees as of Mar 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 Agility Robotics, Apptronik and Unitree. 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 | Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
2nd | Apptronik 2016, Austin (United States), Series A | Developer of general-purpose humanoid robots for various applications and industries | $956M | 64/100 | |
3rd | Developer of quadruped robots, humanoid robots, robotic arms, and related components | $155M | 64/100 | ||
4th | Developer of embodied artificial intelligence robots for various applications | $83.8M | 63/100 | ||
5th | Limx Dynamics 2005, Shenzhen (China), Series B | Developer of embodied intelligent robotics and agentic operating system | $296M | 62/100 | |
6th | Mentee Robotics 2021, Herzliya (Israel), Acquired | Developer of humanoid robots | $17M | 60/100 | |
7th | Neura Robotics 2019, Metzingen (Germany), Series C | Manufacturer of cognitive collaborative robots, humanoid systems and AI-powered assistants | $1.48B | 60/100 | |
8th | 1X 2014, Palo Alto (United States), Series B | Provider of humanoid robots for personalized assistance | $126M | 60/100 | |
9th | Figure 2022, San Jose (United States), Series C | Developer of AI-powered humanoid robots designed for everyday home assistance | $1.75B | 59/100 | |
10th | 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
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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loanDepot Partners with Figure to Offer Express Path Loan Products to loanDepot CustomersBusiness Wire•Apr 08, 2026•Figure, loanDepot
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Ondo Finance invests $25 million in Figure’s $YLDS stablecoinInvesting•Nov 24, 2025•Figure, Ondo, Figure, Figure Markets and 1 other
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Figure AI Faces Lawsuit Over Robot Safety Concerns; Ex-Employee Alleges Robots Can Fracture SkullsNotebookcheck Publishing GmbH•Nov 23, 2025•Figure
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Figure AI's Figure 03 Humanoid: AI-Powered, Home-Ready, and ScalableThe Robot Report•Oct 09, 2025•Figure
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Arcapita and Parkway Back Figure AI in Landmark $1B Series C Round, Valuing Firm at $39BMEA Tech Watch•Sep 29, 2025•Parkway VC, Intel Capital, LG Technology Ventures, Arcapita and 6 others
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Figure AI partners with Brookfield to develop humanoid pre-training datasetThe Robot Report•Sep 19, 2025•Figure, Brookfield Asset Management
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Figure raises over $1B in Series C funding as AI fuels more robotics interestPitchBook•Sep 17, 2025•Figure, Parkway VC, Intel Capital, Nvidia and 18 others
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