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ACQUIRED COMPANY
 
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Figure Technologies  Acquired by Homebridge Financial Services (2021  amount undisclosed )

650 California Street, Suite 2700
San Francisco, CA 94108
USA
888-819-6388
Website Company Summary Management Team
Management

President/COO/Operations: Asiff Hirji (1/1/2020)
Finance: TJ Milani (1/31/2018)
Technology: June Ou (1/31/2018) ; Matt Conroy (8/18/2020)
Sales/Marketing: Brad Simmons
Business Development: Doug Chu
General Counsel/Legal: Ashley Harris
Board

Outside board: (May no longer be on the board) Meyer Malka (Ribbit Capital Managing Partner)
Company

Business description: Figure Technologies, Inc. creates innovative consumer financial solutions for home improvement, debt consolidation and retirement, while providing its members with financial education and financial empowerment. Its mission is to build and promote innovative financial products on blockchain that benefit consumers and eliminate rent-seeking, illiquidity and other inefficiencies present in current financial markets. The company’s flagship product, the Figure Home Equity Line, uses Provenance.io, the blockchain protocol Figure created. Based in San Francisco, Figure was co-founded by Mike Cagney, former co-founder and CEO of SoFi, along with Alana Ackerson, Cynthia Chen and June Ou. Figure has offices in California, Nevada, Montana and Utah.
Capital

Rounds: 5
Recent Fundings: May 2021   Dec 2019
Capital raised: 600.0M
Last Round: 200.0M
Ownership: Acquired by Homebridge Financial Services (2021  amount undisclosed )
VCs include: DCM Ventures RPM Ventures ;  unnamed investors Ulu Ventures ;  DST Global Mithril Capital Management Ribbit Capital ;  Digital Currency Group DHVC Nimble Ventures ;  Morgan Creek ;  MUFG Innovation Partners Fin Venture Capital Ethos Better Tomorrow Ventures 10T Holdings HCM Capital
Other investors: eMotion

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Overview
Record updated: Aug 2021
Sector: FinTech
Headcount: 301-400 as of Aug 2021
Rounds: 5
Recent Fundings: May 2021   Dec 2019
Capital Raised: 600.0M
Last Round: 200.0M
Ownership: Acquired by Homebridge Financial Services (2021  amount undisclosed )