Case Study: Figures secures $6.8M seed funding in 3 weeks with Claap

Figures closes $6.8M seed round in 3 weeks with Claap

Figures, an HRtech company providing real-time compensation data, needed to accelerate its fundraising process to fuel European expansion. The typical process involved lengthy, repetitive meetings with investors to explain their business model and answer questions, which was a significant time drain. To streamline this, they turned to the async video platform Claap.

Using Claap, Figures' CEO recorded short videos to present their data room and provide context upfront, then used the tool to answer investor questions asynchronously. This solution implemented by Claap drastically reduced unnecessary meetings, cutting out one or two calls per investor. The result was a dramatically faster process; Figures successfully secured $6.8 million in seed funding in just three weeks, with investors praising the efficient and structured communication.

Figures