Tech Company Financing Transactions
Figure Funding Round
On 5/24/2023, Figure raised $70 million in Series A investment from Parkway Venture Capital, Aliya Capital Partners and Bold Capital Partners.
Transaction Overview
Company Name
Announced On
5/24/2023
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series A
Investors
Parkway Venture Capital (Lead Investor)
private investors (Brett Adcock)
private investors (Till Reuter)
Proceeds Purpose
The company intends to use the funds to accelerate the development of Figure 01 (its autonomous humanoid robot), build out its AI data pipeline for autonomous operations, and drive towards commercialization.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
701 China Basin St. 104
San Francisco, CA 94158
USA
San Francisco, CA 94158
USA
Phone
Undisclosed
Website
Email Address
Overview
Figure is building a modern platform for total compensation. We help companies figure out how to pay their employees by making data driven decisions. We are building a system of record for salary bands and job ladders with dashboards for analytics. We are disrupting old industry software and manual compensation surveys by leveraging technology and integrations to provide real time analytics and data.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Miles Hobby
Chief Executive Officer
Geoffrey Tisserand
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We do our best to document every notable VC transaction. VC transactions on this site are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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