Figure Technologies, Inc. creates innovative consumer financial solutions for home improvement, debt consolidation and retirement while providing its members with financial education and financial empowerment. Its mission is to build and promote innovative financial products on blockchain that benefit consumers and eliminate rent-seeking, illiquidity and other inefficiencies present in current financial markets. The company's flagship product, the Figure Home Equity Loan Plus, uses Provenance, the blockchain protocol Figure created. Based in San Francisco, Figure was co-founded by Mike Cagney, former co-founder and CEO of SoFi, along with Alana Ackerson, Cynthia Chen, June Ou and Sara Priola. Figure has more than 100 employees in offices in California, Nevada and Montana.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/28/19 | $65,000,000 | Series B |
DCG DCM DST Global Morgan Creek Capital Management Nimble Ventures Ribbit Capital RPM Ventures  | undisclosed |
