{"id":42876,"date":"2021-05-20T19:08:55","date_gmt":"2021-05-20T16:08:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42876"},"modified":"2025-08-31T01:08:04","modified_gmt":"2025-08-30T22:08:04","slug":"figure-technologies-raised-200-million-from-morgan-creek-and-other-investors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/figure-technologies-raised-200-million-from-morgan-creek-and-other-investors\/","title":{"rendered":"Figure Technologies raised $200 million from Morgan Creek and other investors"},"content":{"rendered":"<p>The fintech startup Figure Technologies <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210520005738\/en\/Figure-Raises-200-Million-Series-D-Co-Led-by-10T-Holdings-and-Morgan-Creek-Digital\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">closed<\/a> a $200 million Series D funding round. It was led by 10T Holdings and Morgan Creek Digital.<\/p>\n<p><!--more--><\/p>\n<p>Digital Currency Group, DCM, DST Global&#8217;s partners, and Ribbit Capital joined the round, along with others. Figure Technologies was valued at $3.2 billion.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;These investments will provide the resources needed to further develop our mission to use blockchain to rethink the financial services industry,&#8221; said Figure Technologies&#8217; CEO Mike Cagni.<\/p>\n<\/blockquote>\n<p>10T co-founder Stan Miroshnik and Morgan Creek&#8217;s general partner Sachin Jaitly also joined the startup&#8217;s board of directors.<\/p>\n<p>Figure Technologies specialises in issuing loans secured by residential real estate on its own Provenance blockchain.<\/p>\n<p>In 2019 the startup raised $103 million in a Series C round. As a result, Morgan Creek Digital co-founder Anthony Pompliano joined the board.<\/p>\n<p>In March 2020, Figure Technologies became the first to securitize on a blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fintech startup Figure Technologies closed a $200 million Series D round led by 10T Holdings and Morgan Creek Digital.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,1277],"class_list":["post-42876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-morgan-creek"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=42876"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42876\/revisions"}],"predecessor-version":[{"id":42877,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42876\/revisions\/42877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=42876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=42876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=42876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}