Full-Time

Head of Investor Relations

Posted on 11/20/2024

Figure

Figure

51-200 employees

Develops versatile humanoid robots for industries

Robotics & Automation
AI & Machine Learning

Senior, Expert

Sunnyvale, CA, USA

Requires 5 days/week in-office collaboration.

Category
Corporate Finance
Investment Banking
Finance & Banking
Requirements
  • Excellent communication skills
  • Minimum of 7-10 years of capital raising experience
  • At least some of this experience should be with earlier stage companies (pre- or minimal revenue companies)
  • Experience presenting highly technical information (engineering, AI policies, etc.)
  • Experience presenting financial models and other financial materials
  • Experience relationship building and maintaining
  • Experience negotiating contracts
Responsibilities
  • Responsible all capital raising strategy and execution
  • Includes pre-marketing activity, primary capital raise, and annual secondary capital raises
  • Includes all investor materials and datarooms
  • Includes demonstrations for investors
  • Includes all capital raising contracts (side letters, equity raise documents, LOIs, etc.) with legal function support
  • Includes constantly generating new investor relationships and maintaining current relationships
  • Includes presenting financial information (quarterly statements, financial model, commercial model, etc.) and technical engineering information (build of materials, supply chain, AI polices, etc)
  • Responsible for key partnership relationships
  • This includes investors who have scope of relationship outside just investing such as suppliers and other vendors

Figure.ai develops humanoid robots designed for various tasks across multiple industries. Their main product, Figure 01, is a 5'6" tall, 60kg robot that can carry up to 20kg, run for 5 hours, and move at a speed of 1.2 meters per second. It is electric-powered and built to work in human-designed environments like manufacturing plants and warehouses. Unlike many competitors that focus on single-function robots, Figure.ai offers a versatile solution that can adapt to different tasks, making it a cost-effective choice for industrial clients. The company's goal is to enhance operational efficiency and reduce labor costs through automation, as demonstrated by their partnership with BMW Manufacturing to integrate their robots into production lines.

Company Stage

N/A

Total Funding

$830.7M

Headquarters

Sunnyvale, California

Founded

2022

Growth & Insights
Headcount

6 month growth

50%

1 year growth

140%

2 year growth

250%
Simplify Jobs

Simplify's Take

What believers are saying

  • Figure.ai's rapid development cycle, achieving a working humanoid robot within a year, demonstrates its strong innovation and execution capabilities.
  • The collaboration with OpenAI to integrate advanced AI models into Figure 01 positions the company at the forefront of AI-driven robotics.
  • The commercial agreement with BMW highlights the practical applications and market acceptance of Figure 01 in complex industrial settings.

What critics are saying

  • The entry of major players like Tesla into the humanoid robot market could intensify competition and pressure Figure.ai's market share.
  • High development costs and the need for continuous innovation pose financial risks, especially for a relatively young company.

What makes Figure unique

  • Figure.ai's focus on general-purpose humanoid robots sets it apart from competitors who often specialize in single-function robots.
  • The integration of ChatGPT for natural language processing and interaction capabilities gives Figure 01 a unique edge in human-robot interaction.
  • Strategic partnerships with industry leaders like BMW and OpenAI enhance Figure.ai's technological capabilities and market reach.

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