Fig (company)

Fig
Type of site
Crowdfunding
DissolvedMay 29, 2023; 17 months ago (2023-05-29)
Headquarters
Founder(s)
  • Justin Bailey
  • Bob Ippolito
  • Freeman White
Key people
ParentRepublic
URLfig.co
LaunchedAugust 18, 2015; 9 years ago (2015-08-18)
Current statusLiquidated into Republic

Fig was a crowdfunding platform for video games. It launched in August 2015. Unlike traditional crowdfunding approaches like Kickstarter, where individuals can back a project to receive rewards, Fig used a mixed model that includes individual backing and the opportunity for uncredited investors to invest as to obtain a share of future revenues for successful projects. At the end of 2017, four projects had begun generating returns, returning 245% to Fig investors.[1][2]

Fig was acquired by Republic in 2022, and later liquided into the parent company in May 2023.

  1. ^ Charlie Hall (March 19, 2018). "Fig investors see 245 percent returns, including a profitable buy-out (update)". Polygon. Retrieved March 30, 2018.
  2. ^ Bobby Hopper (March 16, 2018). "Fig Investment Returns Announced!". Fig Blog. Retrieved March 30, 2018.