Active
Building Web 3

Figment

Founders
Lorien Gabel
CEO
Matt Harrop
CTO

Location

Toronto, Canada

Partnered

2019

Bonfire Lead

About
WHY WE INVESTED
Company description

Figment is a leading provider of Web 3 staking, middleware, and application layer solutions. Our technology is leveraged at a global scale by institutions and developers that are investing in and building on the next generation of the Internet.

Why solve this problem?

Our current public/private tech stack is broken....large centralized data monopolies, anti-social algorithms, rent seeking financial institutions....all with huge negative externalities for society and individuals. We think Web 3 can be a bottom up counterbalance leading to a better Internet for everyone.

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In the News
Article
Figment Witnesses Fivefold Growth in Q1, Passes $15 Billion Staked
April 24, 2024
Article
Amazon Just Poured Fuel on the Web3 Fire
May 25, 2022
Article
Figment CEO: Value of Staking is Built on Community, Not a 'One-Way Street'
May 25, 2022
Article
Web3 Builder Figment Raises $110 Million in Series C Round
May 25, 2022
Article
Crypto Staking Firm Figment Gains Unicorn Status with Fresh $110 Million Fundraise
December 20, 2021
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