/Companies

Figure

Charlotte, US · Founded 2018 · Delaware corporation · 644 employees on LinkedIn · 36 known investors

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Figure is a lending platform that offers residential and commercial loan products including home equity lines of credit, cash-out refinances, DSCR loans, and crypto-backed loans for borrowers.

Founders & leadership

Figure was founded in 2018 by Mike Cagney and June Ou.

MCMike Cagney
Mike CagneyCo-Founder, Executive ChairmanMike Cagney is a macroeconomist and entrepreneur focused on financial services, with expertise spanning fintech, blockchain, hedge funds, and macro trading. He is Co-Founder and Executive Chairman of Figure, a lending platform offering residential and commercial loan products including home equity lines of credit, cash-out refinances, DSCR loans, and crypto-backed loans.
JOJune Ou
June OuCo-Founder, Advisor, Board Member
JW
Jin Woo ParkExecutive
MT
Michael TannenbaumCEO

Investors · 36

Conversion Capitallisted by Conversion CapitalSan Francisco · $500K – $5M

How we know: a partner's Signal profile · the VCSheet dataset · Not right? Tell us

Morgan Creek CapitalreportedChapel Hill · $1M – $5M

How we know: a partner's Signal profile · the VCSheet dataset · Not right? Tell us

MUFG Innovation PartnersreportedTokyo

How we know: a partner's Signal profile · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$609.2K disclosed across 1 round · 2025

▶$609.2KraisedMay 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jin Woo ParkExecutive Officer, Director
Offering amount
$609.2K
Amount sold
$609.2K
First sale
Feb 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

7 people who came through Figure went on to found or lead other companies.

Related companies · 5

Companies working in the same space as Figure.

Frequently asked questions

What does Figure do?
Figure is a lending platform that offers residential and commercial loan products including home equity lines of credit, cash-out refinances, DSCR loans, and crypto-backed loans for borrowers.
Who founded Figure?
Figure was founded by Mike Cagney, June Ou in 2018.
Who are Figure's investors?
Figure's investors include AAF Management Ltd., Alpha Square Group, B3 Capital, Bezos Expeditions, Blockchange Ventures, Blue Lion, Blue Lion Global, Chaos Ventures and 28 more.
How much funding has Figure raised?
Figure has disclosed $609.2K raised across 1 round.
Where is Figure headquartered?
Figure is headquartered in Charlotte, US.