Figure IPO

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.

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Learn more about Figure

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Is Figure a publicly traded company?

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.

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Will Figure go IPO?

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.

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What is Figure's IPO price?

The IPO price for Figure will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Figure pre-IPO?

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.

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What is the value of my Figure shares?

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.

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Can you sell Figure before it goes public?

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.

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What is Figure's funding to date?

Figure has raised $470.38MM to date.
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When was Figure founded?

Figure was founded in 2018.

Who are Figure's major investors?

Ribbit Capital
Baseline Ventures
DST Capital
Lakestar
Ethos VC
Blockchange Ventures

Figure funding rounds and last known valuation

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
Based on primary financings
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Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.