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§ Private Profile · San Francisco, CA, USA
AI robotics company developing general-purpose humanoid robots powered by AI for industries and homes to address labor shortages.
Figure has raised $2.4B across 10 funding rounds.
Key people at Figure.
Figure has raised $2.4B in total across 10 funding rounds.
Based in Sunnyvale, California, Figure develops general-purpose, artificial intelligence-powered humanoid robots designed to address labor shortages and perform versatile tasks across industrial and domestic environments. The company operates primarily through venture funding, having initially launched with $100 million in self-funding before securing a $70 million Series A investment round in May 2023. To build its robotics hardware and software systems, the organization has assembled specialized engineering talent from prominent technology firms including Tesla, Boston Dynamics, Google DeepMind, and Apple. The enterprise is currently testing its humanoid systems for widespread commercial and residential adoption, with recent physical trials conducted directly inside residential settings. This rapid technological development has contributed to an estimated $19 billion net worth for its chief executive as of early 2026. Figure was founded in May 2022 by technology entrepreneur Brett Adcock.
Figure is a technology company that develops proprietary technology to power next-generation financial services, including lending, trading, and investing, with a focus on consumer credit and digital assets[1]. Its products serve financial institutions and consumers by enabling faster, more efficient, and transparent financial transactions. Figure addresses problems related to inefficiencies and lack of transparency in traditional financial services, particularly in lending and asset management, leveraging blockchain and digital asset technologies to enhance speed and reduce costs[1]. The company has demonstrated growth momentum by expanding its product offerings and client base in the fintech sector.
Figure Technology Solutions, Inc. was founded by a team with deep expertise in fintech and blockchain technology, although specific founders and founding year details are not provided in the available data[1]. The idea for Figure emerged from the need to modernize and streamline financial services using blockchain, aiming to solve longstanding issues in consumer credit and asset trading. Early traction likely came from deploying its technology in lending and digital asset markets, positioning itself as an innovator in financial technology.
Figure rides the wave of blockchain adoption and digital transformation in financial services. The timing is critical as regulatory frameworks and consumer acceptance of digital assets mature, creating a favorable environment for blockchain-powered fintech solutions[1]. Market forces such as increasing demand for transparent, efficient lending and investing platforms, alongside the rise of digital assets, work in Figure’s favor. The company influences the broader ecosystem by demonstrating practical blockchain applications beyond cryptocurrencies, helping to mainstream digital asset use in traditional finance.
Looking ahead, Figure is well-positioned to capitalize on the growing integration of blockchain in mainstream finance. Trends such as decentralized finance (DeFi), tokenization of assets, and digital lending will likely shape its trajectory. The company’s influence may expand as it continues to innovate and partner with financial institutions, potentially setting new standards for speed, transparency, and accessibility in financial services. Figure’s evolution will be a bellwether for how blockchain technology can transform traditional financial sectors.
Key people at Figure.
Figure has raised $2.4B across 10 funding rounds. Most recently, it raised $1.0B Series C in September 2025.
Figure has raised $2.4B in total across 10 funding rounds.
Figure's investors include Parkway Venture Capital, 10T Holdings, Alpha Square Group, Conversion Capital, DST Global, Evolution VC Partners, Haymaker Ventures, Intel Capital, Magma Partners, Morgan Creek Capital Management, MUFG Innovation Partners, Quantum Angels Venture Capital.
