# Figure 8

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/figure-8

- Industry: Travel & Leisure
- Headquarters: New York, US
- Website: www.figure-8.co
- Total disclosed funding: $40M
- Latest round: Series A (Aug 14, 2019)
- Investors on record: 3

## About

Figure 8 creates immersive environments known as "experiums" that promote genuine connections among individuals and their surroundings, fostering authentic interactions and personal growth.Figure 8 operates in the experiential venue space, primarily focusing on creating unique environments that enhance interpersonal experiences. The company was founded by Hisham Abdallah. Its headquarters are located in New York, US. In August 2019, Figure 8 raised USD 40 mn in Series A funding, co-led by new investors Elizabeth Street Ventures and MAYWIC Select Investments, with participation from OCV Partners. This funding round contributed to a total amount raised of USD 40 mn and established a current company valuation of USD 200 mn.Figure 8 specializes in creating immersive environments known as "experiums" that facilitate deep connections among individuals and their surroundings. The company offers meticulously crafted experiential venues designed for exploration and personal growth, catering to corporate organizations, event planners, and individuals seeking innovative event spaces. Its products are marketed primarily in urban areas within the United States and select international markets, providing diverse clientele with opportunities to engage in enriching encounters.Figure 8 generates revenue through direct-to-consumer transactions and partnerships with organizations seeking unique venue experiences. Clients engage with the company for customized experiential packages, including venue rental and event planning services. Revenue is derived from short-term bookings for events, corporate retreats, and workshops, with fees based on the scale and scope of experiences. Flagship offerings, such as specialized retreats and interactive workshops, are priced according to personalization and duration.Figure 8 plans to utilize the recent USD 40 mn Series A funding to expand its range of experiential products and to enter new markets. The company aims to launch additional experiential venues in targeted urban areas across the US and select international regions by 2022, enhancing their portfolio of offerings. The funding will support these initiatives, allowing Figure 8 to continue fostering immersive environments that promote authentic engagement.

## Funding rounds

- Series A, Aug 14, 2019, $40M — OCV Partners, MAYWIC Select Investments, Elizabeth Street Ventures

## Investors

- OCV Partners (https://capitalatlas.ai/funds/ocv-partners) — Series A
- MAYWIC Select Investments (https://capitalatlas.ai/funds/maywic-select-investments) — Series A
- Elizabeth Street Ventures (https://capitalatlas.ai/funds/elizabeth-street-ventures) — Series A