Figure Technologies
San Francisco, US · Founded 2018 · 10 known investors
Find your way into Figure Technologies
1,394 people in our graph share verified history with the Figure Technologies team — schools, employers, funds. One of them is your warm intro.
Tobi Cokerunlockedknows Alana Ackerson · together at Kauffman Fellows (overlapped)
×3knows the team · via Stanford University
knows the team · via YPO
×7knows the team · via Kauffman Fellows
Financial technology company leveraging blockchain, AI, and big data; a Tessera portfolio company.
Founders & leadership
Figure Technologies was founded in 2018 by Michael Cagney and June Ou.
MC
Michael CagneyCo-founder
JO
June OuCo-founder
XC
Xinyi ChenExecutive
AA
Alana AckersoninExecutiveAlana Ackerson co-founded Figure Technologies, a financial technology company focused on blockchain and AI, and previously founded Provenance Blockchain and HQ Digital. She served as CEO of the Thiel Foundation, where she managed fellowship and research funding programs, and held investment roles at Connecticut Innovations and the Council on Foreign Relations; her education includes degrees from Stanford, GTU Berkeley, and San Francisco Theological Seminary.
Board
DC
David ChaoBoard director
MM
AB
Adam BoydenBoard director
Investors · 10
Chaos VenturesNew York
Sustany CapitalNewport Beach
Tessera Venture PartnersNew York
Distributed GlobalreportedAustin
Jump Cryptoreported · 2 sourcesChicago · $500K – $15M
Lightspeed FactionreportedMenlo Park
Lightspeed Venture PartnersreportedMenlo Park · $1.7M – $87M
Pantera Capitalreported · 2 sourcesSan Francisco · $5M – $100M
Ribbit CapitalreportedPalo Alto · $100K – $15M
Also in the syndicate · 1
CMT Digital
Funding
SEC filings, press & company announcements$299.9M disclosed across 4 of 5 rounds · 2018–2024
- Undisclosed amountSeries AMar 2024
Jump Crypto (lead), Lightspeed Faction (lead), Pantera Capital (lead), CMT Digital, Distributed Global, Ribbit Capital
Source ↗
▶$116.3MraisedJun 2021 · 60 investors · OtherRule 506(b)
▶$116.3MraisedJun 2021 · 60 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Ashley HarrisExecutive Officer
- Anthony PomplianoDirector
- Meyer MalkaDirector
- Michael CagneyExecutive Officer, Director
- TJ MilaniExecutive Officer
- Adam BoydenDirector
- June OuExecutive Officer
- Asiff HirjiExecutive Officer
- David ChaoDirector
- Offering amount
- $200M
- Amount sold
- $116.3M
- First sale
- May 2021
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$58.8MraisedNov 2019 · 36 investors · OtherRule 506(b)
▶$58.8MraisedNov 2019 · 36 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- David ChaoDirector
- Ashley HarrisExecutive Officer
- Alana AckersonExecutive Officer
- Michael CagneyExecutive Officer, Director
- June OuExecutive Officer
- Adam BoydenDirector
- Anthony PomplianoDirector
- Meyer MalkaDirector
- Offering amount
- $103M
- Amount sold
- $58.8M
- First sale
- Oct 2019
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$73.6MraisedApr 2019 · 61 investors · OtherRule 506(b)
▶$73.6MraisedApr 2019 · 61 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Xinyi ChenExecutive Officer
- David ChaoDirector
- Alana AckersonExecutive Officer
- Michael CagneyExecutive Officer, Director
- June OuExecutive Officer
- Adam BoydenDirector
- Meyer MalkaDirector
- Offering amount
- $73.6M
- Amount sold
- $73.6M
- First sale
- Feb 2019
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$51.1MraisedJun 2018 · 56 investors · OtherRule 506(b)
▶$51.1MraisedJun 2018 · 56 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Michael CagneyExecutive Officer, Director
- Xinyi ChenExecutive Officer
- Meyer MalkaDirector
- Sara PriolaExecutive Officer
- June OuExecutive Officer
- Offering amount
- $58.7M
- Amount sold
- $51.1M
- First sale
- May 2018
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Figure Technologies (FIGR) Leverages Blockchain Infrastructure for Accelerated Growthfinance.yahoo.com · Aug 2026Frequently asked questions
- What does Figure Technologies do?
- Financial technology company leveraging blockchain, AI, and big data; a Tessera portfolio company.
- Who founded Figure Technologies?
- Figure Technologies was founded by Michael Cagney, June Ou in 2018.
- Who are Figure Technologies's investors?
- Figure Technologies's investors include Chaos Ventures, Sustany Capital, Tessera Venture Partners, Distributed Global, Jump Crypto, Lightspeed Faction, Lightspeed Venture Partners, Pantera Capital and 1 more.
- How much funding has Figure Technologies raised?
- Figure Technologies has disclosed $299.9M raised across 4 of its 5 known rounds.
- Where is Figure Technologies headquartered?
- Figure Technologies is headquartered in San Francisco, US.