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Figure AI Stock (FIGR)
Figure AI is a developer of AI-powered humanoid robots designed to perform general-purpose tasks.
Figure AI is a developer of AI-powered humanoid robots designed to perform general-purpose tasks. Sign up with EquityZen to access Figure's current stock price.
About Figure AI Stock
Founded
2022
Headquarters
Sunnyvale, CA, US
Total Funding
745M
Industries
Hardware, Software, Data and Analytics
Figure AI is a developer of AI-powered autonomous humanoid robots designed to perform general-purpose tasks. The company claims to combine AI, computer vision, and advanced mechanics to offer commercially-viable robots to aid in labor shortages in the workforce. Figure AI's second-generation humanoid robot, Figure 02, is a 5'6" 70KG fully electric robot designed to provide support across manufacturing, logistics, warehousing, and retail.
Figure AI was founded in 2022 and is headquartered in Sunnyvale, California. Notable investors include Jeff Bezos, Microsoft, Nvidia, Intel, and OpenAI.
Figure AI Press Mentions
Stay in the know about the latest news on Figure AI
Video Friday: RIVR Delivers Your Package
spectrum • Apr 05, 2025
United States (USA) Humanoid Robot Market worth $3.83 billion by 2029 - Exclusive Report by MarketsandMarkets™
prnewswire • Apr 01, 2025
United States (USA) Humanoid Robot Market worth $3.83 billion by 2029 - Exclusive Report by MarketsandMarkets™
prnewswire • Apr 01, 2025
OpenAI-backed startup to begin in-home tests of humanoid robot, Neo Gamma
indianexpress • Mar 25, 2025
Video Friday: Meet Mech, a Superhumanoid Robot
spectrum • Mar 22, 2025
Figure AI Management
Leadership team at Figure AI
Founder & CEO
Brett Adcock
Robotic Warehouse Solutions
Bob Klunk
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Figure AI Key Facts
- Figure AI has achieved massive valuation growth since its founding. The company is planning to raise $1 billion to $2 billion in equity financing at a $38.5 billion pre money valuation in 2025. This number is 15 times its valuation from just one year prior of $2.6 billion and indicates strong investor interest and confidence in the company as well as the AI industry.
- The global market for humanoid robots is set to experience immense growth at an annual growth rate (CAGR) of 96% between 2022 and 2030, reaching $6.8 billion. Additionally, the number of units shipped could grow from 1,000 in 2025 to 182,000 by 2030. This growth is driven by an increased demand for AI-powered solutions in the robotics, healthcare, manufacturing, and automotive industries and presents a huge opportunity for Figure AI to capitalize on this increase in demand.
- Figure AI has chosen to drop OpenAI as a partner in favor of vertically integrating their own robot AI after reportedly achieving a 'major breakthrough' in its robot intelligence. This is potentially a positive development for the company as vertical integration can not only lead to cost savings and quality control but also the potential to increase its market share in the Robotic AI space.
- Figure AI faces significant competition as several companies are competing in the humanoid robotics space including robot maker Boston Dynamics and Tesla's Optimus machine. Additionally, OpenAI is considering building humanoid robots as an expansion of its existing intelligence software stack. Given that Figure AI might not see its robots operation in customer sites until 2026, the company could lose customers and market share if its competitors are able to make significant advancements in commercialization.
- Humanoid robots must meet stringent safety standards, go through rigorous testing, and earn third-party certifications before they are employed in workplaces and homes. Meeting these strict standards can be costly for the company especially if regulations become more strict or if industry standards change.
- Figure AI's success is closely tied to the adoption of AI hardware by businesses and consumers such as the automotive industry. While Figure AI secured a partnership with BMW to deploy its robots in its automotive manufacturing environments, the company is reliant on these collaborations in order earn consistent revenue and any disruption or pull back could negatively impact the financial health of Figure AI and its future viability.
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