This Morty vinyl figure is released by Funko in their POP! Animation x Rick & Morty vinyl figure series.
Funko POP! is a crossover vinyl figure series by Funko and other famous franchises such as Disney, Pixar, DC Comics, Marvel Comics, Simpsons, South Park, Uglydoll, etc. Each POP! figure is about ~3" to ~5" tall and crafted in a Japanese anime/manga super-deformed style (NOTE: due to the unique design of each character, the actual size of the figures may be smaller or bigger than stated).
The Funko POP! x Rick & Morty series features characters from the animated sitcom that follows the misadventures of alcoholic scientist Rick and his easily influenced grandson Morty, who split their time between domestic family life and interdimensional travel.