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Figure Eight
High Quality Training Data Platform for ML Models - Figure Eight
About Figure Eight
Figure Eight, now part of Appen, specializes in providing high-quality training data essential for machine learning and artificial intelligence applications. The company operates in the AI and data annotation market, serving a diverse range of clients including technology giants, automotive companies, financial services, retail, and healthcare sectors. Figure Eight's business model revolves around crowdsourcing, utilizing a curated crowd of over 1 million flexible contractors worldwide to generate and validate data. This approach ensures scalability and accuracy, making it a preferred partner for companies aiming to develop and refine AI models. Revenue is primarily generated through service contracts and project-based engagements, where clients pay for the volume and complexity of data processed. The company has received numerous accolades, including being ranked as the largest language service provider in the Asia Pacific region and recognized for its contributions to diversity and inclusion in the workplace.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2008
- Headquarters
- San Francisco, United States
- Employees
- 269
- Open positions
- None listed
- Dealroom signal
- 69.6/100
- Industry
- Enterprise Software
- Sector
- AI, Analytics, Crowdsourcing, Core AI, Car, MLops, AI Tools, Hard Tech, AI Data Preparation and Generation, DT and LS
- Technology
- Artificial Intelligence, Big Data
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Mar 2019 | $300M | — | Appen | — |
| LATE VCOther financing | Jun 2017 | $20M | $80M | Salesforce Ventures · Industry Ventures | — |
Growth signals
Latest recorded traffic for Figure Eight is 180 monthly website visits, down 66% over the last three months. Figure Eight's team declined 10% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Bessemer Venture Partners
Trinity Ventures
Founders Fund
Harmony Partners
Series B and later3 investors entered at this stage
Canvas Ventures
Industry Ventures
Salesforce Ventures
Other known investors1 additional known investor
Appen
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Figure Eight on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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