Tech Company Financing Transactions
Figure Funding Round
Figure secured a $9 million Seed funding round on 7/17/2023. Investors included Intel Capital.
Transaction Overview
Company Name
Announced On
7/17/2023
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Seed
Investors
Intel Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to prepare for the launch of their stablecoin and bond asset in the third quarter of 2023, including completing the testnet phase in Q3 of this year, launching partnerships with other industry leaders, and conducting smart contract audits to ensure the security and efficiency of the protocol.
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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Where The Data Comes From
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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