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figure.com

Founded Year

2018

Stage

Series D | Alive

Total Raised

$1.518B

Valuation

$0000 

Last Raised

$200M | 1 yr ago

Mosaic Score

+140 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Figure Technologies

Figure Technologies is a financial technology company leveraging blockchain, AI, and analytics to deliver home equity release solutions and other products that help improve the financial lives of customers. The company was founded in 2018 and is based in San Francisco, California.

Figure Technologies Headquarter Location

15720 Brixham Hill Avenue Suite 300

Charlotte, North Carolina, 28277,

United States

888-819-6388

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Expert Collections containing Figure Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Figure Technologies is included in 7 Expert Collections, including Mortgage Tech.

M

Mortgage Tech

218 items

Companies here streamline and digitize the mortgage lending process. Collection includes direct lenders, mortgage brokers, process optimization technologies for lenders, as well as tools that support borrowers throughout the search and application phases.

R

Real Estate Tech

2,258 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

B

Blockchain

4,794 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

D

Digital Lending

1,550 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

A

Artificial Intelligence

9,052 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

F

Fintech

7,442 items

US-based companies

Figure Technologies Patents

Figure Technologies has filed 11 patents.

The 3 most popular patent topics include:

  • Machine learning
  • Artificial intelligence
  • Classification algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/8/2019

11/16/2021

Computer memory, Machine learning, Data management, Computer data storage, Artificial intelligence

Grant

Application Date

5/8/2019

Grant Date

11/16/2021

Title

Related Topics

Computer memory, Machine learning, Data management, Computer data storage, Artificial intelligence

Status

Grant

Latest Figure Technologies News

Better.com hit with suit, Fannie Mae and Freddie Mac outline plan to close the racial gap in homeownership, and more of this week’s top news

Jun 10, 2022

Fed delivers fuzzier rate message as it gauges impact of hikes The Federal Reserve is shifting its message from a destination on interest rate hikes to the impact the Fed policies will have on the economy. As a half-point interest-rate increase is expected in June and July, officials' statements were unclear as their term “financial conditions” is hard to define. Wildfire threat hasn’t deterred purchases in higher-risk areas Median sale prices of homes with high fire risk have increased greater compared to those with low fire risk. The tight housing market in the past year has driven homeownership as a priority above all else, despite concerts of climate risk factors cited. Mortgage statements may be subject to collection rules: 11th Circuit In a recent 11th Circuit Court of Appeals decision, judges ruled that monthly mortgage statements could be considered communications related to the collection of a debt. Attorneys have since warned that servicers need to be more careful about the wording in their billing statements. The ruling reversed a previous decision in the lower court, and could potentially make its way up to the Supreme Court. Home prices surged another 21% in April but experts say it’s not a bubble Home prices continued to increase in April, but the pace seems to be slowing down according to some economists. Most of the homes closed in April had their mortgage rate locked in by March, suggesting that the increase in interest rates will erode affordability, and slow down the increase in house prices. Figure Technologies, Homebridge end merger plans Figue Technologies and Homebridged have ended their planned merger announced last year. Figure’s CEO Mike Cagney cited delays in completing the transaction as the reason the merger will not go forwards. However, the firms remain a partnership in blockchain integration. VantageScore notches a win in FICO-dominated securitization market The credit card issuer Synchrony Financial used VantageScore on a recent $1 billion securitization deal. The deal might suggest a challenge to FICO, the most dominant player in the industry. While VantageScore has much ground to make up to rise to the level of FICO, the deal is significant as Synchrony is among the largest credit card issuers. Figure Technologies, Homebridge end merger plans Figure Technologies and Homebridged have ended their planned merger announced last year. Figure’s CEO Mike Cagney cited delays in completing the transaction as the reason the merger will not go forwards. However, the firms remain a partnership in blockchain integration. Equifax’s credit scoring snafu ensnares lenders An Equifax coding error that affected credit score calculations has led government-sponsored enterprises to remind mortgage companies of their obligation in ensuring accurate credit reports. Any mortgage and application in progress with an error must be resubmitted with an updated credit report. The Federal Housing Finance Agency is working with Fannie Mae and Freddie Mac to identify any impacts. Mortgage economist Frank Nothaft dies suddenly Frank Mothaft, chief economist for CoreLogic, died suddenly on June 5. Nothaft joined CoreLogic in January 2015 after spending 28 years at Freddie Mac rising to chief economist in 2001. Nothaft was held in high esteem, well respected and liked by his peers, even when he might be at odds with them. The cause of death is unknown.

Figure Technologies Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Figure Technologies Rank

  • When was Figure Technologies founded?

    Figure Technologies was founded in 2018.

  • Where is Figure Technologies's headquarters?

    Figure Technologies's headquarters is located at 15720 Brixham Hill Avenue, Charlotte.

  • What is Figure Technologies's latest funding round?

    Figure Technologies's latest funding round is Series D.

  • How much did Figure Technologies raise?

    Figure Technologies raised a total of $1.518B.

  • Who are the investors of Figure Technologies?

    Investors of Figure Technologies include Ribbit Capital, DCM Ventures, Digital Currency Group, RPM Ventures, HCM Capital and 14 more.

  • Who are Figure Technologies's competitors?

    Competitors of Figure Technologies include Point Digital Finance, Sansbank, Percent, Hometap, Cadeia and 10 more.

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