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Figure Partners with Sierra to Supercharge Loan Officers with AI Agents That Turn Abandoned Home Equity Applications into Funded Loans

$FIGRPress releaseSep 10, 2026, 11:30 AM ETRead the release

Figure Technology Solutions (Nasdaq: FIGR) announced a partnership with Sierra, the conversational AI platform co-founded by Bret Taylor and Clay Bavor, deploying the Figure Agent — an AI agent built on Sierra's newly established Horizon platform — to revive abandoned home equity applications via voice and SMS. It is the first U.S. use of Horizon, which Sierra formed around its acquisition of Takeoff, and the agent autonomously clears routine friction points such as ID verification and bank account linking before handing borrowers to a loan officer to close.

Key figures

Partner count
480
Heloc volume 2025
$271 billion
Funded volume lift
67%
Mortgage industry size
$2 trillion
Loans originated to date
$30 billion
Us home equity outstanding
$35 trillion
Funded loan conversion lift
143%
Heloc pull through rate 2024
49%
Friction stage progression lift
30-52%

AI analysis

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