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Figure (company)

Figure (company)

Figure is a San Francisco-based company that uses blockchain technology to provide home equity loans online.

OverviewStructured DataIssuesContributors

Contents

figure.com
Is a
Company
Company
Investor
Investor
Venture capital firm
Venture capital firm
Organization
Organization

Company attributes

Industry
Finance
Finance
Financial technology
Financial technology
Loan
Loan
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Real Estate
Real Estate
Real estate technology
Real estate technology
...
Location
San Francisco
San Francisco
B2X
B2B
B2B
CEO
Asiff Hirji
Asiff Hirji
Mike Cagney
Mike Cagney
Founder
Asiff Hirji
Asiff Hirji
AngelList URL
angel.co/figure-5
Pitchbook URL
pitchbook.com/profiles...227956-51
Date Incorporated
June 4, 2021
Number of Employees (Ranges)
501 – 1,000
Number of Employees
354
Investors
ThirdStream Partners
ThirdStream Partners
DCM Ventures
DCM Ventures
Morgan Creek Digital
Morgan Creek Digital
Nimble Ventures
Nimble Ventures
Baseline Ventures
Baseline Ventures
0
DCG
DCG
‌
10T Fund
0
Lakestar
Lakestar
0
...
Founded Date
2018
Total Funding Amount (USD)
1,522,500,000
Latest Funding Round Date
July 28, 2021
Competitors
ChargeAfter
ChargeAfter
0
CTO
‌
Matt Conroy
0
CFO
‌
Thomas Milani
0
Latest Funding Type
Series D
Series D
Latest Postmoney Valuation
1,100,000,000
Wellfound ID
figure-5

Other attributes

Company Operating Status
Active

Figure is a San Francisco based company that provides home loans. It's also offering wealth management, unsecured consumer loans, and checking accounts offered in partnership with an existing bank.

Figure has stated that it targets older customers who may not have income but do have real estate.

Product

Figure's flagship product is Figure Home Equity Loan Plus, a fixed-rate loan. From September 2018 to February 2019, Figure funded more than 1,500 HELOCs for members across 36 states.

Figure built and deployed Provenance, a distributed stakeholder blockchain, in 2018. The company leverages the security, efficiencies and cost advantage of blockchain for loan origination, financing and sales and has a diverse set of funds, banks and dealers active on Provenance.

Timeline

No Timeline data yet.

Associated Investment Funds

Accelerator Batches

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Funding Rounds Participated In

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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