Fundraising Fox

Figure AI

Unicorn · $39B

Sunnyvale, US · Founded 2023 · Delaware corporation · 837 employees on LinkedIn · 43 known investors

Find your way into Figure AI

60 people in our graph share verified history with the Figure AI team — schools, employers, funds. One of them is your warm intro.

Figure develops general-purpose humanoid robots designed for deployment in workforce and home environments. The company builds commercial-grade robotic systems with advancing dexterity and autonomy capabilities.

Also known as Figure · Figure AI, Inc.

Founders & leadership

Figure AI was founded in 2023 by Brett Adcock.

BABrett Adcock
Brett AdcockinFounderBrett Adcock is founder and CEO of Figure, an AI robotics company developing general-purpose humanoid robots. He previously founded Cover, a concealed weapon detection company; Archer Aviation (NYSE: ACHR), which builds all-electric vertical takeoff and landing aircraft; and Vettery, an online talent marketplace acquired by The Adecco Group in 2018.
LR
Lee RandaccioNamed on SEC filing
DB
Dana BerlinNamed on SEC filing
LB
Logan BerkowitzNamed on SEC filing
CA
Colby AdcockNamed on SEC filing
PW
Peter WelinderNamed on SEC filing

Board

JCJesse Coors-Blankenship
Jesse Coors-BlankenshipinBoard MemberCo-founder, General Partner at Parkway Venture Capital
GHGrant Hosking
Grant HoskinginBoard MemberManaging Partner at Align Ventures
GHGregg Hill
Gregg HillinBoard MemberCo-founder, General Partner at Parkway Venture Capital

Investors · 43

Also in the syndicate · 11

Aliya CapitalAmazon Industrial Innovation FundArk InvestBrett AdcockIntelJeff Bezos (Bezos Expeditions)MicrosoftOpenAISalesforceT-Mobile VenturesTamarack Global

Reported raises · per SEC filings

Form D private placements

$675M disclosed across 1 of 4 rounds · 2023–2025

$675MraisedMar 2024 · 45 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jesse Coors-BlankenshipDirector
  • Lee RandaccioExecutive Officer
  • Grant HoskingDirector
  • Dana BerlinExecutive Officer
  • Brett AdcockExecutive Officer, Director
  • Logan BerkowitzExecutive Officer
  • Gregg HillDirector
  • Colby AdcockDirector
  • Peter WelinderDirector
Offering amount
$675M
Amount sold
$675M
First sale
Feb 2024
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$39Bvaluation at Series CSep 2025
filing ↗
$2.6Bvaluation at Series BFeb 2024
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Figure AI, Inc. is an American robotics company that develops autonomous general-purpose humanoid robots intended to perform tasks in both commercial and home settings. It has shipped three generations of hardware — Figure 01, a bipedal prototype aimed initially at logistics and warehousing; Figure 02, an industrial-oriented humanoid with five-fingered 16-degree-of-freedom hands, a 25 kg carry capacity, integrated cabling, a torso-mounted battery, six RGB cameras and roughly three times the onboard compute of its predecessor; and Figure 03, introduced in October 2025 as a ground-up hardware and software redesign for mass manufacturing and household environments.

Figure 03 stands about 5 feet 6 to 5 feet 8 inches (1.7 m) tall, weighs roughly 61 kg, carries 20 kg payloads, walks at 1.2 m/s and runs about five hours on a swappable 2.3 kWh battery that charges through wireless inductive pads. Reported changes include a camera system with twice the frame rate, a quarter the latency and a 60% wider field of view plus a camera in each hand, fingertip tactile sensors sensitive to forces as small as three grams, soft multi-density foam coverings, and removable, washable textiles. The company's AI stack, Helix, is a vision-language-action model that runs on embedded onboard GPUs and is described as layered into whole-body control, visuomotor control and semantic reasoning components trained on human demonstration data, robot performance logs and internet-scale human video. Helix 02, released in January 2026, extended the model across the whole body; demonstrations have included folding laundry, sorting packages, and loading and unloading a dishwasher.

Manufacturing is handled at BotQ, Figure's own California facility launched in early 2025, with stated capacity of up to 12,000 humanoids per year and a target of 100,000 robots over four years. Figure vertically integrates actuators, batteries, sensors, structures and electronics, and Figure 03 relies on die-casting, injection molding and stamping rather than CNC machining to reduce per-unit cost.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Bmw deployment parts loadedJan 202590,000 parts
Botq annual production capacityJan 202512,000 robots per year
EmployeesJan 2026600 people
Figure 03 units at bmw spartanburgJan 202640 robots
Figure 03 units deliveredApr 2026350 robots
HeadcountAug 2026837
Package processing performance vs humanMay 202698.5%
Planned home lease priceMay 2026$600
Post money valuationSep 2025$39B
Production rateApr 2026one robot per hour
Production targetJan 2026100,000 robots over four years
Robot as a service priceJan 2026$1K
Robots operatingJun 2026740 robots
Total funding raisedJan 2025$1.9B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

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

Competitors · 2

by search overlap

Companies competing with Figure AI for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 14

launches, deals, and filings
Mar 2026
Figure 03 appears at White House event

U.S. First Lady Melania Trump appeared at the White House with a Figure 03 in a presentation on AI and children's education.

source ↗

Jan 2026
Brookfield partnership for humanoid pretraining dataset

Figure announced a partnership with Brookfield to scale AI infrastructure and build a large humanoid pretraining dataset, including collection of egocentric human video from residential units under Project Go-Big.

source ↗

Jan 2026
Helix 02 released

Helix 02 extended the AI model to the whole body for functional autonomy; a Helix 02-powered Figure 02 loaded and unloaded a dishwasher using motion-capture data and simulation-based learning.

source ↗

Nov 2025
Lawsuit by former head of product safety

The company's former head of product safety sued Figure, alleging termination for raising concerns that its robots were strong enough to fracture a human skull.

source ↗

Oct 2025
Figure 03 introduced

Third-generation humanoid, about 1.7 m tall with 60 total degrees of freedom, upgraded cameras, fingertip tactile sensing, soft materials, washable textiles and wireless inductive charging, designed for mass manufacturing and home use.

source ↗

Sep 2025
Series C exceeds $1B at $39B post-money valuation

Figure announced more than $1 billion in committed capital in its Series C at a $39 billion post-money valuation, to fund BotQ production scaling, NVIDIA GPU training infrastructure and human-video data collection.

$1B source ↗

Apr 2025
Cease-and-desist letters to secondary stock brokers

Figure issued cease-and-desist letters to at least two secondary brokers promoting its private stock without authorization.

source ↗

Feb 2025
OpenAI partnership ended

Figure ended its partnership with OpenAI and moved to developing embodied AI in-house.

source ↗

Jan 2025
TIME names Figure 03 among best inventions of 2025

source ↗

Jan 2025
First commercial Figure 02 deployments generate revenue

Figure became revenue-generating with its first commercial Figure 02 deployments.

source ↗

Jan 2025
BotQ manufacturing facility and Helix AI model announced

Figure announced BotQ, a facility targeting 12,000 humanoids per year, and Helix, a vision-language-action model able to control up to two robots at once.

source ↗

Aug 2024
Figure 02 introduced

Second-generation humanoid with 16-DOF five-fingered hands, 25 kg carry capacity, integrated cabling, torso battery, six RGB cameras and onboard vision-language-action model.

source ↗

Feb 2024
AI partnership with OpenAI

OpenAI agreed to build specialized AI models for Figure's humanoid robots to enable language processing; the collaboration ended after about a year.

source ↗

Jan 2024
Partnership with BMW for humanoid deployment in automotive manufacturing

Figure announced a partnership with BMW to deploy humanoid robots in automotive manufacturing facilities; Figure 02 later ran daily 10-hour shifts at BMW's Spartanburg, South Carolina plant.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Figure AIDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Figure AI do?
Figure AI develops general-purpose humanoid robots powered by its in-house Helix vision-language-action AI system.
Who founded Figure AI?
Figure AI was founded by Brett Adcock in 2023.
Who are Figure AI's investors?
Figure AI's investors include AUDEO VENTURES, Aurum Venture Partners, Beyond Capital, Bold Capital Partners, BVVC, Coatue Management, Evolution VC Partners, Gestio Capital and 24 more.
How much funding has Figure AI raised?
Figure AI has disclosed $675M raised across 1 of its 4 known rounds.
Where is Figure AI headquartered?
Figure AI is headquartered in Sunnyvale, US.