A group of DCM-affiliated entities filed an amended Schedule 13G with the SEC on November 3, 2026, disclosing their beneficial ownership positions in Figure Technology Solutions, Inc. as of September 30, 2026.

Key Highlights

  • Primary holding: Figure Investments, LLC beneficially owns 13,456,952 shares of Class A Common Stock, representing 7.2% of the class.
  • Secondary holding: DCM Opportunity Fund III, L.P. and related entities each report beneficial ownership of 201,309 shares, equal to 0.1% of the class.
  • Share base used: The 0.1% and 7.2% percentages are calculated against 185,672,153 shares of Class A common stock outstanding as of August 7, 2026.
  • Triggering date: The event requiring this filing occurred on September 30, 2026.
  • Key individuals: Andre G. Levi and F. Hurst Lin, as directors of the ultimate general partner entities, may be deemed to have shared voting and dispositive power over all reported shares.
  • Jurisdictions: The DCM fund entities are organized in the Cayman Islands; Figure Investments, LLC is organized in Delaware.

DCM-Affiliated Entities Report Ownership Stakes in Figure Technology Solutions

According to the filing, Figure Investments, LLC, a Delaware-organized special purpose vehicle, holds sole voting and dispositive power over 13,456,952 shares of Class A Common Stock of Figure Technology Solutions, Inc. (CUSIP 349381103). The filing identifies DCM Ventures China Fund (DCM VIII), L.P. as the majority voting member of Figure Investments, LLC, with DCM Investment Management VIII, L.P. serving as DCM VIII's general partner and DCM International VIII, Ltd. serving as the general partner of that management entity. The filing notes that the members of Figure Investments, LLC also include DCM VIII, L.P. (referred to as Side Fund VIII) and DCM Affiliates Fund VIII, L.P., all under common control, each of which may receive proceeds from any disposition in proportion to their percentage interests.

Separately, the filing covers three additional Cayman Islands-organized reporting persons connected to DCM Opportunity Fund III: DCM Opportunity Fund III, L.P., its general partner DCM Opportunity Fund Investment Management III, L.P., and the ultimate general partner DCM Opportunity Fund International III, Ltd. Each of these entities reports beneficial ownership of 201,309 shares, with sole voting and dispositive power attributed at each level of the fund structure. The filing clarifies that Andre G. Levi and F. Hurst Lin, as directors of the relevant ultimate general partner entities, may be deemed to hold shared power over all reported shares across both fund structures. The percentage of class for the Opportunity Fund III position is stated as 0.1%, based on the same 185,672,153 outstanding shares figure drawn from Figure Technology Solutions' Form 10-Q filed on August 14, 2026.

What Was Disclosed

The amended Schedule 13G discloses that multiple DCM-affiliated entities collectively hold beneficial ownership in Figure Technology Solutions, Inc. Class A Common Stock, with the largest single position being 13,456,952 shares (7.2%) held through Figure Investments, LLC, and a separate 201,309-share position (0.1%) held through DCM Opportunity Fund III-related entities.