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