Diligence memo · auto-generated · as of July 2, 2026

Figure AI Inc.

Figure AI Inc. has raised $675M over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Figure AI Inc. operates in Robotics, based in SUNNYVALE. Figure is the first-of-its-kind AI robotics company bringing a general purpose humanoid to life.

Sub-sector tags: ai/ml, robotics.

Capital & rounds (filed)filed

Figure AI Inc. has raised $675M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $675M on 2024-02-27.

Most recent recorded round closed around 2024-02-27.

Valuation (modeled)modeled

Provath models Figure AI Inc. at approximately $8.5B (range $4.7B–$11.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Last raise 2.3 yr ago; this sector typically re-raises about every 14 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 100% of Robotics peers (327 compared).

Modeled value ranks above 100% of those peers.

Peoplefiled

9 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.