San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Figure is raising $7,424,996.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Miles Hobby played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Figure

Compensation, figured out. Simplify your compensation practices and effectively communicate total rewards to your people. After years of receiving equity-based compensation with little information or guidance, we wanted to create a solution that promotes pay transparency. Companies need a better way to structure, manage, and communicate their compensation plans. It’s a win-win. When companies have the right tools, it’s easier to educate employees. And employees who understand their compensation are more likely to invest in their company’s success. We’re striving to simplify compensation in an equitable, transparent, data driven way for both companies and their workforces.

To learn more about Figure, visit http://www.figurehr.com/

Contact:
Miles Hobby, Chief Executive Officer
415-530-1958
https://www.linkedin.com/in/miles-hobby/

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