Figment

Figment is a blockchain infrastructure provider that develops back-end systems and infrastructure that provide yield on tokens for PoS blockchains such as Cosmos and Polkadot.

Figment’s purpose is to build a better Internet by increasing usage of the next generation of Proof of Stake blockchains.

Figment was founded in 2018 by Matt Harrop, Lorien Gabel and Andrew Cronk. The company is headquartered in Toronto, Ontario.

 

Figment's Hubble and Prime applications as well as their governance expertise allow token holders to analyze, monitor and make informed decisions. They build Web 3 developer communities via their Learn education program.

 

Figment builds Web 3 developer communities via our Learn education program and then make it simple for these developers to launch applications and manage smart contracts via our DataHub platform. Figment enables the efficient search and querying of blockchain data by building and operating The Graph based indexers.

 

Figment has reached over $7.5B in digital assets staked to its infrastructure across the 50+ supported networks, now supporting over 130+ institutional clients. Figment launched Figment Capital, an investment arm of the company.

 

Figment is backed by Thoma Bravo, Liberty City Ventures, Galaxy Digital, Binance Labs, Mirae Asset, Counterpoint Global, Anchorage Digital, Declaration Partners, Bonfire Ventures, 10T Holdings, and others. The company raised $110M in Series C round on Dec 20, 2021. This brings Figment's total funding to $165M to date. The latest round mints Figment a unicorn with a valuation of $1.4B post-money.

 

 

  • Year founded: 2018
  • Funding Info: $165M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $1.4B as of Dec 20, 2021
  • City/Town: Toronto
  • State: Ontario
  • Country: Canada
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