When was Figure founded?

Figure was founded in 2022 and became a unicorn in 2024, reaching the milestone in 2 years. It raised its 1st funding round 1 year after its incorporation.

Where is Figure located?

Figure is headquartered in San Jose, United States.

Who is the current CEO of Figure?

Brett Adcock of Figure. They have also founded 2 companies.

How many employees does Figure have?

As of Jun 30, 2026, the latest employee count at Figure is 708.

Is Figure a funded company?

Figure is a funded company, having raised a total of $1.75B across 4 funding rounds to date. The company's 1st funding round was a $70M Series A round, raised on May 24, 2023.

How much is Figure worth?

The latest valuation of Figure is $39B as of Sep 16, 2025.

When was the latest funding round of Figure?

Figure's latest funding was a $1B Series C round on Sep 16, 2025, with participation from 7 investors.

Is Figure a Professional Service Robots company?

The primary sectors of Figure are Professional Service Robots and Artificial Intelligence.

Where does Figure rank among its competitors?

Figure ranks 12th amongst 175 active competitors, of which 47 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Sanctuary AI, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Figure?

Figure's top competitors include UBTECH, Agility Robotics and Sanctuary AI. Among them, Sanctuary AI secured the most recent funding round in May, 2026.

Figure - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Figure operate in

Figure serves in the High Tech, Native AI market segments.The primary business model of Figure are:

Company Details

Developer of AI-powered humanoid robots designed for everyday home assistance. The robots use artificial intelligence to navigate and understand home environments. The robots are designed to handle household tasks. The company has a team with experience in AI and humanoid robotics.

Website: www.figure.ai/
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Key Metrics

Founded Year

2022

Location

San Jose, United States

Stage

Series C

Total Funding

$1.75B in 4 rounds

Latest Funding Round

Series C, Sep 16, 2025, $1B

Post Money Valuation

$39B as on Sep 16, 2025

Investors

Parkway VC & 44 more

Ranked

12^th among 175 active competitors

Employee Count

708 as on Jun 30, 2026

Similar Companies

Vention & 370 more

View Figure's full profile

Figure is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Figure AI Inc. CIN: 882447866 , United States, Active	Jan 01, 1970	-	-	-

Figure has raised a total funding of $1.75B over 4 rounds. Its first funding round was on May 24, 2023. Its latest funding round was a Series C round on Sep 16, 2025 for $1B. 7 investors participated in its latest round. Figure has 44 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Figure:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 16, 2025	$1B	Series C	$39B	-	Parkway VC	Nvidia, Brookfield Asset Management, Intel Capital, Qualcomm Ventures, T-Mobile, Salesforce
Feb 23, 2024	$675M	Series B	$2.6B	-	-	Microsoft, Nvidia, Parkway VC, Intel Capital, Align Ventures, ARK Investment Management, Amazon Industrial Innovation Fund, OpenAI Startup Fund, Bezos Expeditions, LG Innotek, Samsung Venture Investment, Aliya, Tamarack Global, Boscolo Intervest, Bold Capital Partners, OpenAI
Jul 17, 2023	$9M	Series A	-	-	Intel Capital	-

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View details of Figure's funding rounds and investors

The founders of Figure is Brett Adcock. Brett Adcock is the CEO of Figure.

Here are the details of Figure's key team members:

Brett Adcock: Founder & CEO of Figure and founder of 2 other companies, Archer and Archer. They serve on the board of 1 company.
Contact Info: 1 email address

Figure's Board of Directors

Figure's board has 9 active members. Peter Welinder, Brett Adcock, Gregg Hill, Grant Hosking, Colby Adcock, Lee Randaccio, Dana Berlin, Jesse Coors-Blankenship and Logan Berkowitz are independent board members.

Here is the list of Figure's board of directors:

Name	Type	Representing	Status	Duration
Peter Welinder	Independent board member	-	Current	2y 4m
Brett Adcock	Independent board member	-	Current	2y 4m
Gregg Hill	Independent board member	-	Current	2y 4m
Grant Hosking	Independent board member	-	Current	2y 4m
Colby Adcock	Independent board member	-	Current	2y 4m
Lee Randaccio	Independent board member	-	Current	2y 4m
Dana Berlin	Independent board member	-	Current	2y 4m
Jesse Coors-Blankenship	Independent board member	-	Current	2y 4m
Logan Berkowitz	Independent board member	-	Current	2y 4m

View details of Figure's Founder profiles and Board Members

Figure's employee count trend

Figure has 708 employees as of Jun 26. Here is Figure's employee count trend over the years:

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Top competitors of Figure include UBTECH, Agility Robotics and Sanctuary AI. Here is the list of Top 10 competitors of Figure, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	UBTECH 2012, Shenzhen (China), Public	Provider of service robots for diversified applications	$1.34B	Tencent, CDH & 26 others	71/100
2nd	Agility Robotics 2015, Salem (United States), Series C	Developer of robots and a cloud-based automation platform for logistics operations	$180M	Playground Global, DCVC & 20 others	69/100
3rd	Sanctuary AI 2018, Vancouver (Canada), Series A	Developer of AI-powered general-purpose robots for industrial applications	$100M	Workday Ventures, Export Development Canada ... & 18 others	65/100
4th	Apptronik 2016, Austin (United States), Series A	Developer of general-purpose humanoid robots for various applications and industries	$956M	B Capital, Capital Factory & 26 others	64/100
5th	AgiBot 2023, Shanghai (China), Series B	Developer of embodied artificial intelligence robots for various applications	$83.8M	YOFC Fund, Hillhouse Venture Capital & 17 others	64/100
6th	Unitree 2016, Hangzhou (China), Series C	Developer of quadruped robots, humanoid robots, robotic arms, and related components	$252M	Shanghai Science and Technology Innovation Fund, Beijing Robotics Industry Investment Fund ... & 29 others	64/100
7th	Mentee Robotics 2021, Herzliya (Israel), Acquired	Developer of humanoid robots	$17M	Ahren, Hookipa Ag & 1 others	62/100
8th	Limx Dynamics 2022, Shenzhen (China), Series B	Developer of embodied intelligent robotics and agentic operating system	$296M	Shang Qi Capital, China Merchants & 33 others	62/100
9th	Giga AI 2023, San Francisco (United States), Series A	Developer of AI-powered agents for enterprise support and customer engagement	$65.1M	Redpoint Ventures, Nexus Venture Partners ... & 5 others	62/100
10th	1X 2014, Palo Alto (United States), Series B	Provider of humanoid robots for personalized assistance	$126M	EQT, Tiger Global Management & 17 others	60/100
12th	Figure 2022, San Jose (United States), Series C	Developer of AI-powered humanoid robots designed for everyday home assistance	$1.75B	Aliya, WorldQuant Ventures & 43 others	59/100