Figure AI
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Updated in January 2026
Headquarter: Sunnyvale, California, USA
Year Founded: 2022
Leadership: Brett Adcock
Industry Sectors: Humanoid robotics; Artificial intelligence; Automation; General-purpose robots
Funding Round: $675M Series B (2024)
Valuation: ~$2.6B
Is Figure AI A Public Company? No, it is currently private
What Is Figure AI?
Figure AI is a U.S.-based artificial intelligence and robotics company founded in 2022 by Brett Adcock, with headquarters in Sunnyvale, California. The company’s mission is to build general-purpose humanoid robots capable of performing a wide range of physical tasks in real-world environments, addressing labor shortages and improving productivity across the global economy. Figure AI focuses on creating robots that can safely work alongside humans in industrial and commercial settings.
Technology & Products
Figure AI’s core product is its humanoid robot platform, most notably Figure 01, designed to replicate human form and motion to operate in environments built for people. The system integrates advanced robotics hardware, including actuators, sensors, and dexterous hands, with AI-driven perception, control, and reasoning. Figure emphasizes end-to-end autonomy, combining vision-language models, motion planning, and real-time control to enable robots to understand instructions and execute complex physical tasks. The company is developing its vertically integrated AI stack, optimized specifically for embodied intelligence.
Market Opportunity
Figure AI operates in the emerging humanoid robotics and automation market, driven by persistent labor shortages in sectors such as manufacturing, logistics, warehousing, and services. Many of these environments are difficult to automate with fixed or single-purpose robots, creating demand for flexible, general-purpose machines. As AI models become more capable of reasoning and perception, humanoid robots have the potential to unlock significant economic value by performing repetitive, dangerous, or physically demanding work at scale.
Competitive Landscape
Figure AI competes with other humanoid robotics startups as well as large technology and industrial automation companies pursuing embodied AI. Its differentiation lies in a focus on full humanoid form factor, rapid iteration, and tight integration between AI software and custom hardware. While competitors may prioritize research demonstrations or narrow task automation, Figure positions itself as a commercial-first platform company, aiming to deploy humanoid robots into real workplaces as a scalable labor solution.
How To Buy Figure AI Stock?
Figure AI is currently a private company and is not publicly traded on major stock exchanges like the NASDAQ or NYSE. This means you can buy shares through a pre-IPO platform or brokerage like IPO CLUB.
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