Figure AI Overview
- Year Founded
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2022
- Status
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Private
- Employees
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120
- Latest Deal Type
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Early Stage VC
- (Upcoming)
- Latest Deal Amount
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$1.5B
- Investors
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81
Figure AI General Information
Description
Developer of humanoid robots designed to address drastic labor shortages and reduce the number of workers in unsafe jobs. The company develops commercially viable autonomous humanoid robots that lend support across manufacturing, logistics, warehousing, and retail, enabling businesses to deploy and automate manual labor.
Contact Information
Website
www.figure.aiCorporate Office
- 1247 Elko Drive
- Sunnyvale, CA 94089
- United States
Corporate Office
- 1247 Elko Drive
- Sunnyvale, CA 94089
- United States
Figure AI Timeline
Figure AI Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Early Stage VC | $1.5B | Upcoming | Generating Revenue | |||
| 4. Early Stage VC | 21-Jan-2025 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 29-Feb-2024 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 04-May-2023 | $70M | $170M | Completed | Generating Revenue | |
| 1. Capitalization | 01-Jan-2022 | $100M | $100M | Completed | Startup |
Figure AI Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-1 | ||||||||
| Series A-2 | 6,623,078 | $0.000100 | $2.4 | $2.4 | 1x | $2.4 | 3.37% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Figure AI Comparisons
Industry
Financing
Details
Figure AI Competitors (20)
One of Figure AI’s 20 competitors is Universal Robots, a Formerly VC-backed company based in Odense, Denmark.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Universal Robots | Formerly VC-backed | Odense, Denmark | ||||
| Ocado Mobile Robot System | Corporate Backed or Acquired | Hatfield, United Kingdom | ||||
| Onward Robotics | Formerly VC-backed | Pittsburgh, PA | ||||
| READY Robotics | Venture Capital-Backed | Columbus, OH | ||||
| Asimov Robotics | Venture Capital-Backed | Kochi, India |
Figure AI Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
News about Figure AI
Dive into recent articles by PitchBook offering invaluable insights and context.
-
NEWS | Feb 19, 2025
AI boom sparks investor frenzy for robotics startups
New opportunities in robotics outside of hardware are opening up, driven by jumps in AI technology investors say
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NEWS | Nov 4, 2024
Robotics AI startup Physical Intelligence raises $400M in Bezos, Thrive-led round
Physical Intelligence, a robotics AI startup co-founded less than a year ago, received a $2 billion pre-money valuation.
-
NEWS | Aug 13, 2024
AI eats up 41% of US VC deal value, with help from Big Tech bucks
The money driving the biggest story in venture capital isn't coming from VC firms.
Figure AI Patents
Figure AI Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250091222-A1 | Head and neck assembly for a humanoid robot | Pending | 21-Feb-2024 | ||
| US-20250100156-A1 | Head and neck assembly for a humanoid robot | Pending | 21-Feb-2024 |
Figure AI Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Figure AI Investors (81)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1802 Ventures | PE/Buyout | Minority | ||
| Arcapita | Asset Manager | Minority | ||
| Blanck Capital | Family Office | Minority | ||
| Crosscourt Ventures | Venture Capital | Minority | ||
| IPO CLUB | Venture Capital | Minority |
Figure AI FAQs
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When was Figure AI founded?
Figure AI was founded in 2022.
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Where is Figure AI headquartered?
Figure AI is headquartered in Sunnyvale, CA.
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What is the size of Figure AI?
Figure AI has 120 total employees.
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What industry is Figure AI in?
Figure AI’s primary industry is Other Hardware.
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Is Figure AI a private or public company?
Figure AI is a Private company.
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What is the current valuation of Figure AI?
The current valuation of Figure AI is .
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What is Figure AI’s current revenue?
The current revenue for Figure AI is .
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How much funding has Figure AI raised over time?
Figure AI has raised $845M.
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Who are Figure AI’s investors?
1802 Ventures, Arcapita, Blanck Capital, Crosscourt Ventures, and IPO CLUB are 5 of 81 investors who have invested in Figure AI.
-
Who are Figure AI’s competitors?
Universal Robots, Ocado Mobile Robot System, Onward Robotics, READY Robotics, and Asimov Robotics are some of the 20 competitors of Figure AI.
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