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Figments

DefunctYC S19

Los Angeles, US · Founded 2019 · 2 employees · 13 known investors

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Plotdrive is an AI-powered writing tool designed for authors to draft novels and books faster with editorial guidance that preserves their unique voice. The platform offers real-time feedback, customizable writing prompts, and cloud synchronization to reduce friction in the creative writing process.

Also known as Figments, Wordloops, Heroic Story, Plotdrive · Heroic Story · Plotdrive · Wordloops

AI & Machine LearningCreator EconomyEnterprise SoftwareSaaSEntertainmentMediaAIAI AssistantUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S19)

Figments was founded in 2019 by Jay Rosenkrantz and Scott Rosenkrantz.

JRJay Rosenkrantz
Jay RosenkrantzCo-founder and CEOJay Rosenkrantz worked as a professional poker player before transitioning to company building, with prior experience developing a poker training platform and VR games with AI components.
SRScott Rosenkrantz
Scott RosenkrantzCo-founder \u0026 Head of Productuntil 2026Scott Rosenkrantz previously developed VR games and interactive experiences. He now works on long-form storytelling applications.

Investors · 13

TRANSCENDlisted by TRANSCENDSan Francisco

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Y Combinatorlisted by Y CombinatorSan Francisco · $500K

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Ascensive AssetsreportedSeoul

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BDMIreportedNew York · $500K – $5M

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DNA CapitalreportedSão Paulo · $100K – $5M

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I2BF Global VenturesreportedNew York · $500K – $10M

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mark vcreportedAustin

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Morningside GroupreportedHong Kong

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Multicoin CapitalreportedAustin · $1M – $50M

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Sambhav Jainreported

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Starting LinereportedChicago · $750K – $2M

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Upfront VenturesreportedLos Angeles · $1M – $10M

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XRM Mediareported

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Images

Figments photo

Related companies · 10

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StoryboarderSumugi is a 3D creation and 2D composition tool designed for visual storytellers including comic creators, writers, and hobbyists. The platform enables users to stage scenes with 3D character posing and lighting, then arrange them into 2D comic layouts and visual narratives.
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KoyalKoyal develops an AI platform that generates personalized video content from scripts or audio, serving music labels, podcasters, and production companies. The platform uses agentic AI to handle multilingual workflows, lip-sync synchronization, and consistent character rendering across video sequences.
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Magic HourMagic Hour is an AI-powered video creation platform that enables users to generate videos from ideas without requiring extensive production expertise. The platform serves content creators, small business owners, and other individuals looking to produce video content efficiently.
GoodreadsGoodreads is a social platform for readers to track books, share reviews with friends, and get personalized book recommendations from a recommendation engine. It serves book readers looking to discover new titles and discuss reading.
EternalEternal is a Los Angeles NFT marketplace for trading Twitch streamer clips, a Y Combinator W20 company now listed as acquired.
ShortbreadShortbread develops AI-powered tools for creators to produce serialized visual stories (comics and web series) faster and at lower cost, then distributes them directly to consumers via a mobile platform. The platform combines an AI studio for rapid narrative creation with a reader destination featuring romance and dark fiction series.
SudowriteSudowrite is an AI-powered writing tool for novelists and fiction writers, offering features to draft, expand, rewrite, and get feedback on prose, plus story planning tools like Story Bible and a plot canvas. It also includes a chat assistant, brainstorming, image generation from descriptions, and a plugin marketplace, sold on a subscription basis.

Companies working in the same space as Figments.

Legal entities · 1

corporate structure
Figments Corp.

Frequently asked questions

What does Figments do?
Plotdrive is an AI-powered writing tool designed for authors to draft novels and books faster with editorial guidance that preserves their unique voice. The platform offers real-time feedback, customizable writing prompts, and cloud synchronization to reduce friction in the creative writing process.
Who founded Figments?
Figments was founded by Jay Rosenkrantz, Scott Rosenkrantz in 2019.
Who are Figments's investors?
Figments's investors include TRANSCEND, Y Combinator, Ascensive Assets, BDMI, DNA Capital, I2BF Global Ventures, mark vc, Morningside Group and 5 more.
Where is Figments headquartered?
Figments is headquartered in Los Angeles, US.