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Figma — Startup ProfileWhere teams design together — the collaborative interface design toolHQ: San Francisco, CA, United States | Founded: 2012 | Employees: 2,387 (Q1 2025) | Stage: Public (NYSE: FIG) | Website: https://www.figma.comAboutFigma is a browser-based collaborative interface design platform founded in 2012 by Dylan Field (CEO) and Evan Wallace. Headquartered at 760 Market St, San Francisco, Figma pioneered multiplayer vector editing via WebGL and CRDTs, eliminating the file-sync paradigm of legacy tools like Sketch and Adobe XD. The platform now serves 13M+ monthly active users and 90%+ of the Fortune 500, with 85% of weekly active users outside the US. Core products include Figma Design for interface design and prototyping, FigJam for online whiteboarding, Dev Mode for design-to-code handoff, Figma Slides for presentations, plus newer AI and publishing tools: Figma Draw (vector illustration), Figma Sites (Beta, website publishing), Figma Buzz (Beta, marketing asset creation), and Figma Make (AI prompt-to-code fKey Metrics

IPO Valuation (FD): ~$19.3B at $33/share (Jul 31, 2025)

Day 1 Peak Market Cap: $68B intraday

Latest Private Valuation: $12.5B tender (May 2024)

Total Funding (Primary): $332M

Total Funding incl. Tender: $749M

Revenue FY2024: $749M (+48% YoY)

Funding Rounds

Round: $3.87M (2013-12-01) — Terrence Rohan, Daniel Gross

Round: $14M (2015-12-01) — Greylock Partners

Round: $25M (2018-02-01) — Kleiner Perkins

Round: $40M (2019-04-01) — Sequoia Capital

Round: $50M (2020-04-01) — Andreessen Horowitz (a16z)

Key People

Dylan Field

Evan Wallace

Yuhki Yamashita

Praveer Melwani

Key Competitors

Adobe XD / Creative Cloud —

Canva —

Sketch —

Framer —

Timeline Highlights

2025-07-31: Figma IPO on NYSE: FIG at $33/share

2025-04-15: Figma files S-1 for IPO

2024-06-01: Figma Slides, Make, Sites, Buzz announced at Config

2024-05-01: Tender offer at $12.5B valuation

2023-12-11: Adobe-Figma acquisition terminated; $1B breakup fee