/Companies

Figure Technologies

San Francisco, US · Founded 2018 · 17 known investors

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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
JOJune Ou
June OuCo-founder
XC
Xinyi ChenExecutive
AAAlana Ackerson
Alana AckersonExecutiveAlana 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
MMMeyer Malka
Meyer MalkaBoard directorFounder and Managing Partner at Ribbit Capital
AB
Adam BoydenBoard director

Investors · 17

MUFG Innovation PartnersreportedTokyo

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

Also in the syndicate · 2

CMT DigitalMorgan Creek

Funding

SEC filings, press & company announcements

$299.9M disclosed across 4 of 5 rounds · 2018–2024

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

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

Frequently 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, DCG, DCM, Distributed Global, DST Global, Faction and 7 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.