Figure Stock $5.71

Forge Price BeaconForge Price 1 updated November 21, 2024

figure.comFinTech / LendingFounded: 2018Funding to Date: $470.38MM

Founded in 2018, Figure is dedicated to introducing speed, efficiency, and savings into the financial landscape for consumers and institutions. The company emphasizes the importance of creativity, teamwork, and a supportive atmosphere to foster groundbreaking developments. Figure's team, known for its drive, innovation, collaboration, and curiosity, thrives on creating new solutions from the ground up. With a culture of transparency, entrepreneurial spirit, positivity, and a strong mission focus, Figure aims to transform the financial sector through pioneering initiatives.

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Figure Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/21/2024
Price per Share
$5.71
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Figure Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/20/2021 Series D $220MM $xx.xx $3.33B 10t Holdings, Dcm, Digital Currency Group, Dst Global, Hcm Capital, Morgan Creek Capital, Ribbit Capital, Rpb Ventures
Price per Share
$xx.xx
Shares Outstanding
12,439,325
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
10t Holdings, Dcm, Digital Currency Group, Dst Global, Hcm Capital, Morgan Creek Capital, Ribbit Capital, Rpb Ventures
12/05/2019 Series C-1 $3.05MM $xx.xx $1.21B Morgan Creek Capital, Mufg Innovation Partners
Price per Share
$xx.xx
Shares Outstanding
504,081
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Morgan Creek Capital, Mufg Innovation Partners
12/05/2019 Series C-2 $15MM $xx.xx $1.21B Morgan Creek Capital, Mufg Innovation Partners
Price per Share
$xx.xx
Shares Outstanding
1,983,287
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Morgan Creek Capital, Mufg Innovation Partners
12/05/2019 Series C $100MM $xx.xx $1.21B Morgan Creek Capital, Mufg Innovation Partners
Price per Share
$xx.xx
Shares Outstanding
13,221,916
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Morgan Creek Capital, Mufg Innovation Partners
02/27/2019 Series B $73.59MM $xx.xx $380MM Alpha Square Group, Creditease, Dcm Ventures, Digital Currency Group, Dst Global, Morgan Creek Capital Management, Nimble Ventures, Ribbit Capital, Rpm Ventures, Temerity Capital Partners, Thirdstream Partners, Ulu Ventures
Price per Share
$xx.xx
Shares Outstanding
29,476,826
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alpha Square Group, Creditease, Dcm Ventures, Digital Currency Group, Dst Global, Morgan Creek Capital Management, Nimble Ventures, Ribbit Capital, Rpm Ventures, Temerity Capital Partners, Thirdstream Partners, Ulu Ventures
05/24/2018 Series A $41.79MM $xx.xx $150MM Baseline Ventures, Conversion Capital, Dcm Ventures, Dhvc, Fin Venture Capital, Mithril Capital Management, Nimble Ventures, Ribbit Capital, Rpm Ventures, Thomvest Ventures, Ulu Ventures
Price per Share
$xx.xx
Shares Outstanding
32,886,739
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baseline Ventures, Conversion Capital, Dcm Ventures, Dhvc, Fin Venture Capital, Mithril Capital Management, Nimble Ventures, Ribbit Capital, Rpm Ventures, Thomvest Ventures, Ulu Ventures
01/11/2018 Series Seed $16.95MM $xx.xx $100MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
16,103,128
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

Figure Investors Also Invested in These Private Companies

Mufg Innovation Partners
Morgan Creek Capital Management
Conversion Capital
Morgan Creek Capital
Blockchange Ventures
Temerity Capital Partners
Rpb Ventures
Dst Capital
Thirdstream Partners
Fin Venture Capital
Hcm Capital
10t Holdings

Leadership & Board

Leadership

June Ou
Chief Operating Officer & Co-Founder
Michael Cagney
Chief Executive Officer, Board Member & Co-Founder
C.D. Davies
Chief Executive Officer
June Ou
Co-Founder & Chief Operating Officer
Matt Conroy
Chief Technology Officer & Senior Vice President of Engineering

Board

Anthony Pompliano
Morgan Creek Capital Management
Michael Cagney
David Chao
DCM Ventures
Meyer Malka
Ribbit Capital
Adam Boyden
RPM Ventures

Figure stock FAQs

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Can you buy Figure stock?

As Figure is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Figure, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Figure stock?

To invest in a private company like Figure through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Figure stock?

Yes, you may sell the Figure stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Figure stock?

If you hold private company shares of Figure – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Figure on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Figure a public company?

No, Figure is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Figure’s stock price?

Figure is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/21/2024 the Figure Forge Price is $5.71 per share. The Forge Price is a derived price calculated for private companies like Figure to provide insights into their current valuation. Learn more about Forge Price.
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What is Figure’s stock ticker symbol?

Figure does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Figure’s News and Media Highlights

(“Figure”), a technology platform that powers a more efficient and liquid marketplace for financial products, today announced that it is now offering its embedded home equity line of credit (“HELOC”) in New York and Delaware, completing Figure’s coverage of the East Coast region. The move will grow Figure’s footprint to 49 states and Washington, DC and expand both its relationships with licensed lending partners as well as make it a more geographically attractive partner for new partners.
Figure Technologies Inc., the financial technology firm co-founded by former SoFi Technologies Inc. head Mike Cagney, is working with banks including Goldman Sachs Group Inc., JPMorgan Chase & Co. and Jefferies Financial Group Inc. on an initial public offering for its lending arm, according to people familiar with the matter. Figure is considering taking public its so-called LendCo division in the first half of 2024 at a valuation of $2 billion to $3 billion, said the people, who asked to not be identified because the matter isn’t public.
Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announced a new collaboration with Visa to provide issuing processor services via Figure's blockchain-based Banking in a Box platform. Visa DPS, used by financial institutions around the globe, will be a key component of Figure's online banking service, known as Banking in a Box, which allows Figure Pay customers to add eligible deposit accounts, payments, and cards to any existing online retail, fintech, or banking offerings. Through Figure Pay, companies can rapidly get to market with innovative payment, banking, and card solutions, leveraging the Provenance Blockchain, a production blockchain built specifically for the financial services industry.
New York Community Bancorp this week announced its banking subsidiary, New York Community Bank, successfully completed a new digital payment process through the creation of a blockchain-based digital marker. It allows Figure Technologies to conduct real-time secondary trading in digital shares of its stock utilizing Figure ATS, an alternative trading system registered with the U.S. Securities and Exchange Commission (SEC), that operates on the Provenance Blockchain. New York Community Bank served as the financial intermediary between buyers and sellers of FTI digital shares by facilitating the payment process through the minting of a new digital marker, USDForward (USDF), the first to be used by a bank on the Provenance Blockchain.
Updated on: Nov 21, 2024

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