Figment
SlowingFiled to raiseNew York, NYRetailing, HardwareLast fund filed April 2025
2 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Figment Fund OS III | April 2025 | $7M | $1.4M | 7 |
| Figment Onshore Feeder Fund II | 2023 | $100M | $5M | 14 |
| Figment Fund OS I | November 2022 | Indefinite | $572,801 | 9 |
| Figment Fund Adam I | October 2022 | Indefinite | $336,910 | 9 |
| Figment Fund Sigma I | September 2022 | Indefinite | $2.7M | 14 |
| Figment Fund Foxtrot I | September 2022 | Indefinite | $254,982 | 11 |
| Figment Fund Ocean I | February 2022 | $795,507 | $795,507 | 17 |
| Figment Offshore Feeder Fund IIFiled to raise in 2022, with no closing reported yet. | 2022 | $100M | $0 | 0 |
| Figment Fund I | August 2021 | $17M | $17M | 62 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
4 partners are named across this firm’s filings, 2 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Oliver BellNot on the current fund | Slowing | Sales & marketing tech, Crypto & web3 | 4 | 1 |
| Graham SmithNot on the current fund | Quiet | Enterprise software, Fintech, Climate & energy | 7 | 0 |
| James Parillo | Quiet | None listed | 0 | 0 |
| Lorien Gabel | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Classified sectors of Figment’s own portfolio companies, based on 10 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Figment’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Battery Ventures | 1 | Appboy |
| Bessemer Venture Partners | 1 | PROCORE TECHNOLOGIES |
| Edison Partners | 1 | Terminus Software |
| High Alpha | 1 | Terminus Software |
| ICONIQ Strategic Partners | 1 | PROCORE TECHNOLOGIES |
| ICQ | 1 | PROCORE TECHNOLOGIES |
A shared board seat: a company where filings name a Figment partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.