Figure (Series B)

Funding Details
Awarder
Inbox
Date Award
January 15, 2023
Vertical
Financial Technology
Funding URL
View Funding Page
Premoney Valuation
$450,000,000
Valuation
$500,000,000
Funding Amount:
$50,000,000

Company Info
Founding Year
2018
Traction
Figure has seen a 200% increase in loan applications year-over-year and has established partnerships with major financial institutions.
Revenue Amount
$10,000,000
ARR
$12,000,000
Organizations Involved
Goldman Sachs, JPMorgan Chase
Founders
Mike Cagney, Aimee Cagney
Company Description
Figure is a financial technology company that leverages blockchain technology to provide innovative lending solutions. Their platform enables faster and more efficient loan processing, enhancing the customer experience.
Market
Blockchain and Lending
Location
San Francisco, California, USA
Coinvestors
Andreessen Horowitz, Ribbit Capital

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