Figure - About the company
Figure is a series B company based in Sunnyvale (United States), founded in 2022 by Brett Adcock. It operates as a Provider of AI powered humanoid robots. Figure has raised $754M in funding from Intel Capital and Parkway VC, with a current valuation of $2.6B. The company has 37 active competitors, including 17 funded and 2 that have exited. Its top competitors include companies like Softbank Robotics, Agility Robotics and Apptronik.
Sectors and market segments that Figure operate in
Figure serves in the B2B space in the High Tech market segments.The primary business model of Figure is:Company Details
Provider of AI powered humanoid robots. It designs and develops humanoid robots, leveraging AI and machine learning to automate various industries and processes. It enables the deployment of autonomous robots in various industries, including manufacturing, healthcare, and logistics.
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Key Metrics
Founded Year
2022
Location
Sunnyvale, United States
Stage
Series B
Total Funding
in 3 rounds
Latest Funding Round
Post Money Valuation
as on Mar 01, 2024
Investors
Ranked
5th among 37 active competitors
Similar Companies
Legal entities associated with Figure
Figure is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Jan 01, 1970 | - | 319 | 611 |
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Figure's funding and investors
Figure has raised a total funding of $754M over 3 rounds. Its first funding round was on May 24, 2023. Its latest funding round was a Series B round on Feb 23, 2024 for $675M. 15 investors participated in its latest round, which includes Intel Capital, Samsung Venture Investment, Bezos Expeditions and FJ Labs.
Figure has 25 institutional investors including Intel Capital, Parkway VC and Samsung Venture Investment. Till Reuter is only Angel Investor in Figure.
Here is the list of recent funding rounds of Figure:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Feb 23, 2024 | $675M | Series B | - | - | |
Jul 17, 2023 | $9M | Series A | - | - | |
May 24, 2023 | $70M | Series A | - | - |
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Figure's valuation details
Figure is valued at $2.6B as per the latest available filings.Figure's founders and board of directors
The founders of Figure is Brett Adcock. Brett Adcock is the CEO of Figure. Brett Adcock has founded 2 more companies - Archer and .
View details of Figure's Founder profiles and Board Members
Figure's Competitors and alternates
Top competitors of Figure include Softbank Robotics, Agility Robotics and Apptronik. Here is the list of Top 10 competitors of Figure, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Softbank Robotics 2012, Tokyo (Japan), Acquired | Provider of humanoid social robots for homes and businesses | $117M | , Ìý&²¹³¾±è;Ìý | 69/100 |
2nd |  Agility Robotics 2015, Albany (United States), Series B | Provider of bi-pedal robots for multiple applications | $180M | DCVC, Industrial Technology Investment CorporationÌý&²¹³¾±è;Ìý | 69/100 |
3rd | Apptronik 2016, Austin (United States), Series A | Developer of industrial robots and robotic components | $436M | Korea Investment Holdings, GoogleÌý&²¹³¾±è;Ìý | 62/100 |
4th | Provider of robotic solutions focused on quadrupedal robots | $155M | Shunwei Capital, Shenzhen Capital GroupÌý&²¹³¾±è;Ìý | 61/100 | |
5th | 2022, Sunnyvale (United States), Series B | Provider of AI powered humanoid robots | $754M | Intel Capital, Samsung Venture InvestmentÌý&²¹³¾±è;Ìý | 51/100 |
6th |  Limx Dynamics 2005, Shenzhen (China), Series A | Provider of legged robots | $96.3M | , Lenovo Capital and Incubator GroupÌý&²¹³¾±è;Ìý | 58/100 |
7th |  Perceptyne 2021, Hyderabad (India), Seed | AI-driven semi-humanoid robot platform for industrial automation | $4.27M | Yali Capital, T-HubÌý&²¹³¾±è;Ìý | 57/100 |
8th |  1X Technologies 2014, Oslo (Norway), Series B | Developer of humanoid AI-powered robots | $126M | Tiger Global Management, Alliance VentureÌý&²¹³¾±è;Ìý | 54/100 |
9th |  Pollen Robotics 2016, Pessac (France), Seed | Developer of humanoid robots | $2.61M | , EIC Fund | 48/100 |
10th | Developer and manufacturer of AI-based humanoid robots | - | Warburg Pincus, CDHÌý&²¹³¾±è;Ìý | 47/100 |
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Figure's Investments and acquisitions
Figure has made no investments or acquisitions yet.
Reports related to Figure
Here is the latest report on Figure:
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News related to Figure
Media has covered Figure for a total of 14 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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PYMNTS.com•Apr 29, 2025•, Figure
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The Robot Report•Mar 21, 2025•Figure
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Kaldata•Mar 17, 2025•Figure
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Latestly•Mar 16, 2025•Figure
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The Robot Report•Mar 01, 2025•Figure
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The Robot Report•Dec 29, 2024•Figure
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Figure
When was Figure founded?
Figure was founded in 2022.Where is Figure located?
Figure is located in Sunnyvale, United States.Is Figure a funded company?
Figure is a funded company, its first funding round was on May 24, 2023.When was the latest funding round of Figure?
Figure's latest funding round was on Feb 23, 2024.How much is Figure worth?
The latest valuation of Figure is $2.6B as on Mar 01, 2024.What is the annual revenue of Figure?
Annual revenue of Figure is undefined as on undefined.Is Figure a Professional Service Robots company?
The primary sector of Figure is Professional Service Robots.Our Lite Plan Awaits you - Its Free!
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