Diligence memo · auto-generated · as of July 2, 2026
Figure Technologies, Inc.
Figure Technologies, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Figure Technologies, Inc. operates in Software / Tech, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Figure Technologies, Inc. has raised $300M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $116M on 2021-05-28.
Most recent recorded round closed around 2021-05-28.
Valuation (modeled)modeled
Provath models Figure Technologies, Inc. at approximately $2.9B (range $646M–$5.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.89× the median modeled value of Series D+ Software / Tech companies in 2019–2021 (34 peers) — value vs value, same stage and era. Within the normal band (89% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 5.1 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of Software / Tech peers (3920 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Mango Technologies, Inc., Cloud Guru Group Inc., Alternative Platform LLC, Astranis Space Technologies Corp., Badger Technology Co Holdings Ltd.
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.