With Momentum

Figure

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

2022

Employees

11 - 50

Total funding raised

$854.00M

Last Funding Event

Series B, $675.00M, February 24, 2024

Smart insights

  • Adriana Hassan (Director of Business Operations) worked at Figure in various roles, including Director of Business Operations, for a total of 3.5 years (2021 - 2024)
  • 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)
  • 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)
  • 6m headcount growth: 33%
  • 1Y headcount growth: 112%
  • Headcount-to-last-round ratio: 2.3 employees/$M

Figure is an AI robotics company that builds a multi-purpose humanoid form robot. The company has created a humanoid robot with the purpose of being introduced into the workforce to tackle problems such as labor shortages, and undesirable or unsafe jobs, and to assist in global supply chain operations. Figure 01 combines the agility of the human body with advanced AI technology to surpass the capabilities of robots designed for specific tasks. It provides assistance in various sectors including manufacturing, logistics, warehousing, and retail.