Figure AI

Other Hardware · San Jose, CA · Founded 2022 · Privately Held (backing)

Developer of humanoid robots designed to address drastic labor shortages and reduce the number of workers in unsafe jobs. Figure AI is based in San Jose, CA and was founded in 2022. It is valued at about $35.5 billion as of Oct 2026, set by institutional fund marks, down 9% since its Series C in May 2025. It has raised $2.3 billion across 5 recorded rounds; the latest was a $1 million later-stage round in Aug 2026.

PMV mark · valuation
$35.5B
Oct 2026
Since last round
-9%
May 2025
Total raised
$2.3B
Last round
Later Stage VC
Aug 2026

Figure AI key facts

as of Oct 2026
  • Developer of humanoid robots designed to address drastic labor shortages and reduce the number of workers in unsafe jobs.
  • Figure AI is valued at approximately $35.5B as of Oct 2026, down 9% since its Series C, May 2025, per PrivateMarketView’s mark.
  • It has raised $2.3B across 5 recorded rounds; the latest was Later Stage VC ($1.0M) in Aug 2026.
  • Notable investors include FJ Labs, Mana Ventures, Gaingels, Qualcomm Ventures, Team Ignite Ventures — 132 tracked in total.
  • 2 institutional filers report fund marks on Figure AI across 16 filings.
  • PrivateMarketView tracks 8 recorded secondary trades in Figure AI shares.
  • 3 investment vehicles were formed to buy Figure AI shares in the last 12 months, reporting $6.0M sold to 108 investors, per SEC Form D filings.
  • Figure AI has filed 1 Form D with the SEC, most recently Mar 2024 ($675.0M sold to 45 investors).
PrivateMarketView mark
LOW confidence
$35.5B

Down 9% since its Series C, May 2025 ($39.0B post-money).

set by institutional fund marksround price disagreeas of Oct 2026question about this number?
See the prints behind this mark →

Membership and data by Private Market View

Free account
More of Figure AI with a free account
  • ·Post-money valuations for 3 rounds
  • ·The complete investor list: 132 names
  • ·Watch Figure AI: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Figure AI secondary trades

8 on record · Feb 2024 – Mar 2026

8 trades between Feb 2024 and Mar 2026. Exact dates, prices and structures are available to Pro members.

Feb 2024peak 2 prints / monthMar 2026
Individual prints are Pro.Unlock 8 trade prints

Membership and data by Private Market View

Institutional fund marks on Figure AI

2 filers · latest Jul 2026

2 SEC-registered funds reported 16 fair-value marks on Figure AI between Apr 2025 and Jul 2026. Filer-level marks and implied $/share are available to Pro members.

Unlock 16 fund marks

Membership and data by Private Market View

Every name the funds mark, next to where it trades →

Figure AI funding rounds

5 rounds
Aug 2026Later Stage VC$1.0M▮
May 2025Series C$1.5B▮
Feb 2024Series B$675.0M▮
May 2023Series A$70.0M▮
Jan 2022Capitalization$100.0M▮

Vehicles formed to buy Figure AI shares

secondary demand · SEC Form D filings

In the last 12 months, 3 investment vehicles were formed to buy Figure AI shares, reporting $6.0M sold to 108 investors across 3 sponsors. Most recent filing Jun 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 3 vehicles →

Membership and data by Private Market View

Figure AI leadership

  • Gregg HillCo-Founder, General Partner & Board Member
  • Brett AdcockCo-Founder, Chief Executive Officer & Board Member

Figure AI valuation

Figure AI is valued at approximately $35.5 billion as of Oct 2026. The figure is set by institutional fund marks. The reference point is its Series C in May 2025, at a $39 billion post-money valuation; the current figure is down 9% since.

Recent activity

In the last 90 days, Figure AI's record added 1 funding round and 5 institutional fund marks (latest period Jul 2026).

How much has Figure AI raised?

Figure AI has raised $2.3 billion across 5 recorded rounds since 2022. The largest was a $70 million Series A in May 2023; the most recent was a $1 million later-stage round in Aug 2026. 3 of the rounds disclosed a post-money valuation.

Figure AI has filed 1 Form D with the SEC, most recently in Mar 2024 ($675 million sold to 45 investors).

Figure AI secondary market activity

8 secondary trades in Figure AI shares are on record, between Feb 2024 and Mar 2026. Exact dates, prices and structures are available to Pro members.

Institutional holders and vehicles

2 SEC-registered funds reported 16 fair-value marks on Figure AI between Apr 2025 and Jul 2026, in their N-PORT filings. Filer-level marks and implied per-share values are available to Pro members.

In the last 12 months, 3 investment vehicles were formed to buy Figure AI shares, reporting $6 million sold to 108 investors across 3 sponsors, per SEC Form D filings (most recent Jun 2026).

Figure AI investors

132 investors are on record for Figure AI, including FJ Labs, Mana Ventures, Gaingels and Qualcomm Ventures. By type, the record holds 61 venture capital firms, 7 family offices and 6 private equity firms. The later-stage round in Aug 2026 drew 1 investor.

Who runs Figure AI

4 people are listed on the Figure AI team: 2 executives and 2 board members, including Brett Adcock (Co-Founder) and Gregg Hill (Co-Founder). 2 of them have a verified direct contact on file.

Comparable companies

Comparable other hardware names by valuation on PrivateMarketView: Skild AI ($16.4 billion), The Bot Company ($4 billion) and VeriFone ($3.4 billion).

About Figure AI

Developer of humanoid robots designed to address drastic labor shortages and reduce the number of workers in unsafe jobs. The company develops commercially viable autonomous humanoid robots that lend support across manufacturing, logistics, warehousing, and retail, enabling businesses to deploy and automate manual labor.

Industry
Other Hardware
Sector
Information Technology
HQ
San Jose, CA, United States
Founded
2022
Employees
180
Website
figure.ai/
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.