Figure Technologies Closes $200M Series D Funding : vimarsan

Figure Technologies Closes $200M Series D Funding


Figure Technologies, Inc., a San Francisco, CA-based provider of blockchain technology powered financial services, closed a $200m Series D funding at a $3.2 billion valuation.
Backers included new investors including entities and funds managed and/or advised by affiliates of Apollo Global Management, Blockchain.com, Rockaway Blockchain, HOF Capital, Endeavour Capital, National Bank Holdings, Goldentree Asset Management and L1 Digital.
Led by Mike Cagney, Co-Founder and CEO, Figure provides a range of blockchain-enabled solutions for institutions and individuals, including digital fund services for simplifying fundraising, distribution, and secondary trading for the private fund market. The company is using Provenance, a public, open-source, permissionless, decentralized blockchain, for its digital asset marketplaces including lending, capital table management, fund management and administration, and payments application.

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