Figure Analysis: $675M Raised
What is Figure?
America's #1 non-bank HELOC lender
Employees
501-1000
Founded
2018
Latest Funding Round Size
$675M
Market Position
Challenger
Product Features & Capabilities
- Home Equity Line of Credit (HELOC) with flexible borrowing options
- DSCR Loan for real estate investors
- Cash-Out Refinance for accessing home equity
- Crypto-Backed Loan leveraging cryptocurrency assets
- Repayment Assistance for borrowers needing support.
Use Cases
Access home equity for renovations or improvements; Consolidate high-interest debt into a single loan; Fund educational expenses or tuition; Invest in solar panel installations; Support small business financing needs.
How much Figure raised
Funding Round - $675M
RecentOther Considerations
Rated A+ by the Better Business Bureau; Trustpilot rating of 4.8 out of 5 stars; Over 201,000 households served through their platform.
Awards Recognition
Figure AI has received the 2024 RBR50 award for its rapid pace of innovation in the robotics field, which is closely related to its advancements in artificial intelligence technology.
