# Figure 1 funding: rounds and investors

> Figure 1 has raised $23M across 5 rounds since 2013. Investors include Union Square Ventures, Version One Ventures and Rho Canada Ventures.

Source: https://millionrounds.com/company/figure-1 (Millionrounds; every figure on the page links to its filing or article)

Türkiye · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Figure 1*

5 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$23M** raised across 5 rounds since 2013, from 5 sources

**$1.6M** Seed **$4.0M** Series A **$2.5M** Venture **$5.0M** Series A **$10M** Series B

- **Latest round:** Series B, $10M Jun 2017
- **Step-up i:** 2×
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2015 2016 2017

**$1.6M** Seed

**$4.0M** Series A

**$2.5M** Venture

**$5.0M** Series A

**$10M** Series B

- **First round:** Seed, $1.6M
- **Biggest round:** $10M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jun 2017** Series B **$10M** *6 new* *1 returning* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Western Technology Investment](https://millionrounds.com/fund/wti) [Rho Canada](https://millionrounds.com/fund/rho-canada) [Version One](https://millionrounds.com/fund/version-one-2) [Hedgewood](https://millionrounds.com/fund/hedgewood) [John Hancock](https://millionrounds.com/fund/john-hancock) Kensington Capital Partners/ Samsung NEXT Reported by FinSMEs
- **Oct 2015** Series A **$5.0M** *1 new* *3 returning* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Allen & Company](https://millionrounds.com/fund/allen-and-company) [Version One Ventures](https://millionrounds.com/fund/version-one) [Rho Canada Ventures](https://millionrounds.com/fund/rho-canada-ventures) From a historical funding record SEC filing: $2.5M sold, first sale Jul 2015
- **Aug 2015** Venture **$2.5M** No investor was named in the report. From a historical funding record SEC filing: $2.5M sold, first sale Jul 2015
- **Aug 2014** Series A **$4.0M** *1 new* *3 returning* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Version One Ventures](https://millionrounds.com/fund/version-one) [Rho Canada Ventures](https://millionrounds.com/fund/rho-canada-ventures) [Jevon MacDonald](https://millionrounds.com/fund/jevon-macdonald) From a historical funding record
- **Dec 2013** Seed **$1.6M** *4 new* [Version One Ventures](https://millionrounds.com/fund/version-one) [Rho Canada Ventures](https://millionrounds.com/fund/rho-canada-ventures) [Jevon MacDonald](https://millionrounds.com/fund/jevon-macdonald) [Daniel Debow](https://millionrounds.com/fund/daniel-debow) Reported by pevc.dowjones.com

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Gregory Levey** Executive Officer, Director i
- **Joshua Landy** Executive Officer i
- **Richard Penner** Executive Officer, Director i

On the board, as filed i *Andrew Weissman* *Boris Wertz* *Zen Chu*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Series A** 2014 **Venture** 2015 **Series A** 2015 **Series B** 2017 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Version One Ventures](https://millionrounds.com/fund/version-one) [Rho Canada Ventures](https://millionrounds.com/fund/rho-canada-ventures) [Jevon MacDonald](https://millionrounds.com/fund/jevon-macdonald) [Western Technology Investment](https://millionrounds.com/fund/wti) [Allen & Company](https://millionrounds.com/fund/allen-and-company) [Rho Canada](https://millionrounds.com/fund/rho-canada) [Version One](https://millionrounds.com/fund/version-one-2) [Hedgewood](https://millionrounds.com/fund/hedgewood) [Daniel Debow](https://millionrounds.com/fund/daniel-debow)

## Everyone who backed them

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **3** rounds

[Version One Ventures](https://millionrounds.com/fund/version-one) VC firm **3** rounds

[Rho Canada Ventures](https://millionrounds.com/fund/rho-canada-ventures) VC firm **3** rounds

[Jevon MacDonald](https://millionrounds.com/fund/jevon-macdonald) Angel **2** rounds

[Western Technology Investment](https://millionrounds.com/fund/wti) VC firm **1** round

[Allen & Company](https://millionrounds.com/fund/allen-and-company) Wealth manager **1** round

[Rho Canada](https://millionrounds.com/fund/rho-canada) Investment firm **1** round

[Version One](https://millionrounds.com/fund/version-one-2) VC firm **1** round

[Hedgewood](https://millionrounds.com/fund/hedgewood) Family office **1** round

[Daniel Debow](https://millionrounds.com/fund/daniel-debow) Angel **1** round

[John Hancock](https://millionrounds.com/fund/john-hancock) Corporate VC **1** round

Kensington Capital Partners/ Samsung NEXT no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=figure-1).

## Quick answers about Figure 1

### Who invested in Figure 1?

Figure 1's investors include Union Square Ventures, Version One Ventures, Rho Canada Ventures, Jevon MacDonald and Western Technology Investment, and 7 more on record.

### How much has Figure 1 raised?

Figure 1 has raised $23M across 5 rounds since 2013.

### When did Figure 1 last raise?

Figure 1's most recent round was a Series B of $10M in Jun 2017.

### What was Figure 1's biggest round?

Its most recent round, $10M in Jun 2017, is also its largest on record.

### Who backed Figure 1 first?

Figure 1's first round on record, in Dec 2013, was backed by Version One Ventures, Rho Canada Ventures and Jevon MacDonald and 1 others.

### What stage is Figure 1 at?

Figure 1's latest named round is a Series B, in Jun 2017.

### Where is Figure 1 based?

Figure 1 is based in Türkiye.

## Companies like Figure 1

In the same sector, and raised in the last eighteen months.

[**Wastespresso** May 2025](https://millionrounds.com/company/wastespresso)[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Kinish** $35M · Oct 2026](https://millionrounds.com/company/kinish)[**Aribio** Oct 2026](https://millionrounds.com/company/aribio)[**CureBay** $57M · Oct 2026](https://millionrounds.com/company/curebay)

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