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§ Private Profile · San Francisco, CA, USA
At Figment, we are creating the end to end ecosystem for telling infinite generative stories. based in San Francisco, California, United States of A...
At Figment, we are creating the end to end ecosystem for telling infinite generative stories.
Figment is a studio and technology company that is pioneering an entirely new media format which couldn’t exist before AI : stories that can adapt in real time to become hyper personalized, interactive, and infinite worlds. We are building a comprehensive ecosystem for AI-powered interactive storytelling consisting of both a consumer-facing storytelling platform and professional-grade, AI-powered tooling for visuals + narratives. Our social-first consumer platform becomes a content engine where the best stories can be adapted into increasingly higher fidelity media. Our storytelling tools feel like toys, making storytelling a fun and approachable experience through the power of AI. Our vision is a complete, vertically integrated flywheel, consisting of content, tools, and distribution. Founded by veterans from Pixar and Epic Games, our world-class team combines deep expertise in AI and gaming with creative talent.
Figment has raised $167.5M across 5 funding rounds.
Key people at Figment.
Figment was founded in 2025 by Ryan Funduk (Co-founder & Chief Architect) and Andrew Cronk (Co-founder, Chief Product Officer) and Lorien Gabel (Co-Founder and CEO).
Figment has raised $167.5M in total across 5 funding rounds.
At Figment, we are creating the end to end ecosystem for telling infinite generative stories.
Figment is a studio and technology company that is pioneering an entirely new media format which couldn’t exist before AI — stories that can adapt in real time to become hyper personalized, interactive, and infinite worlds. We are building a comprehensive ecosystem for AI-powered interactive storytelling consisting of both a consumer-facing storytelling platform and professional-grade, AI-powered tooling for visuals + narratives. Our social-first consumer platform becomes a content engine where the best stories can be adapted into increasingly higher fidelity media. Our storytelling tools feel like toys, making storytelling a fun and approachable experience through the power of AI. Our vision is a complete, vertically integrated flywheel, consisting of content, tools, and distribution. Founded by veterans from Pixar and Epic Games, our world-class team combines deep expertise in AI and gaming with creative talent.
Key people at Figment.
Figment was founded in 2025 by Ryan Funduk (Co-founder & Chief Architect) and Andrew Cronk (Co-founder, Chief Product Officer) and Lorien Gabel (Co-Founder and CEO).
Figment has raised $167.5M in total across 5 funding rounds.
Figment's investors include Robert Sayle, Act One Ventures, American Express Ventures, B Capital Group, Blockchain Capital, Cedar Capital Group, Chemistry VC, Citi Ventures, Coinbase Ventures, Craft Ventures, King Goh, Matrix.
Figment has raised $167.5M across 5 funding rounds. Most recently, it raised $110.0M Series C in December 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 11, 2022 | Tenderize | $3.0M Seed | Eden Block | Daedalus Angels, Encode Club, TRGC |
| Apr 1, 2022 | Nomad | $22.0M Seed | ELI Krenzke | Wave Financial, Alex Mashinsky, 1KX, Amber, Archetype, Circle Ventures, Dialectic, Ethereal Ventures, Hack VC, Hypersphere Ventures, Ledgerprime, Robot Ventures |
| Feb 16, 2022 | Ceramic Network | $30.0M Series A | Kyle Samani, Union Square Ventures | Coinbase Ventures, CoinFund, Collaborative Fund, Dapper Labs, Digital Currency Group, Edge & Node Ventures, Hashed, Jump Crypto, Metacartel Ventures, NOT Boring Capital, Protocol Labs, Variant Fund |
| Jan 1, 2022 | burnt | $8.0M Series A | Animoca Brands, Alameda Research | DeFi Alliance, Defiance, HashKey Capital, Mechanism Capital, Multicoin Capital, Play Ventures, Spartan Capital, Terra, Tribe Capital, Valor Capital Group |