Figure Technologies was founded in 2018 by Alana Ackerson, Cynthia Chen, June Ou, Michael Cagney, and Sara Priola. In 2021, co-founder and CEO Cagney (co-founder/former CEO of SoFi) and a group of other Figure employees started Figure Acquisition Corporation, a publicly traded SPAC that seeks to develop a portfolio of financial service and fintech companies. While Figure Acquisitions is a separate entity from Figure Technologies, the two companies are closely affiliated. These comments should not be interpreted to mean that Figure Technologies is formally pursuing or foregoing an IPO.
Figure is the developer of a web-based platform that manages digital assets and can be used for completing financial and investment transactions. The company uses blockchain technology to optimize traditional financial services. In 2021, Figure Technologies acquired HomeBridge Financial Services, a non-bank loan company. Figure has raised over $1.6 billion in Venture Capital funding, most recently in a 2021 round that brought in $200 million from investors such as Ulu Ventures, Sun Hung Kai & Co, RPM Ventures, and Morgan Creek Digital. The company was last valued at $3.2 billion.
Figure is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Figure has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
Figure is privately held company and is not publicly traded, therefor investing in Figure pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Figure shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Figure shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in Figure while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
5/20/2021 | Series D |
$220MM raised | $XXX.XX | $XXX.XX |
12/5/2019 | Series C, C-1 and C-2 |
$118.05MM raised | $XXX.XX | $XXX.XX |
2/27/2019 | Series B |
$73.59MM raised | $XXX.XX | $XXX.XX |
5/24/2018 | Series A |
$41.79MM raised | $XXX.XX | $XXX.XX |
1/11/2018 | Series Seed |
$16.95MM raised | $XXX.XX | $XXX.XX |