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Figure AI

The AI engine Fit Assessment

Beta

Figure Robotics develops autonomous humanoid robots to address labor shortages and improve safety, supporting automation in manufacturing, logistics, warehousing, and retail.

Blurb

Figure Robotics is an AI robotics company that is building a multi-purpose humanoid form robot.

HQ Location

Sunnyvale (United States)

Founded

2019

Employees

720

Total funding raised

$854.00M

Last Funding Event

Series B, $675.00M, February 24, 2024

Smart insights

  • Vadim Chernyak (Director Hardware Engineering) worked at Apple in various roles, including Senior Research Engineer, SPG, for a total of 2 years (2020 - 2022); at Google as Mechanical Engineer for 4 years (2014 - 2018)
  • Eric Thompson (Senior Director Of Engineering) worked at SoFi as Sr. Software Engineer for 4 years (2014 - 2018)
  • Michael Rose (Director of Robot Controls) worked at ARRIVAL as Lead Robotics Engineer for 2.5 years (2020 - 2022); at Apple as Senior Controls Engineer, Special Projects Group for 1.5 years (2018 - 2020); at Google for 4 years (2014 - 2018)
  • 6m headcount growth: 33%
  • 1Y headcount growth: 112%
  • Headcount-to-last-round ratio: 2.3 employees/$M

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.