About Figma
Figma is a company based in San Francisco (United States) founded in 2012 by Dylan Field.. Figma has raised $748.75 million across 8 funding rounds from investors including Morgan Stanley, Kleiner Perkins and Durable Capital Partners. Figma has completed 4 acquisitions, including Impira, Payload CMS and Visly. Figma operates in a competitive market with competitors including Miro, Lucid, Lucidchart, Mural and Qt Group, among others.
- Headquarter San Francisco, United States
- Founders Dylan Field
- Stage Public
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Figma, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$748.75 M (USD)
in 8 rounds
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Latest Funding Round
$415.75 M (USD), Series F
May 15, 2024
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Investors
Morgan Stanley
& 22 more
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Employee Count
Employee Count
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Investments & Acquisitions
Impira
& 3 more
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IPO & Listings of Figma
Figma is a publicly listed company on the NYSE with ticker symbol FIG in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
116 people
Sales and Marketing
59 people
Product Management Team
48 people
Leadership Team
39 people
Human Resources and Administration
25 people
Finance and Accounting
19 people
Senior Team
14 people
Legal and Compliance
10 people
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Funding Insights of Figma
Figma has successfully raised a total of $748.75M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $415.75 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series F — $415.7M
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First Round
First Round
(07 Jun 2013)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series F - Figma | Valuation |
investors |
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| Jun, 2021 | Amount | Series E - Figma | Valuation | Durable Capital Partners | |
| Jun, 2021 | Amount | Series E - Figma | Valuation | Flat Capital , a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Figma
Figma has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Morgan Stanley, Kleiner Perkins and Durable Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment management services are offered by Durable Capital Partners.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Figma
Figma has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Impira, Payload CMS and Visly. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-powered design workflows are offered for creative professionals.
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2024 | ||||
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Online platform for headless CMS
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2018 | ||||
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Design tool for front-end development
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Figma
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Figma Comparisons
Competitors of Figma
Figma operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Miro, Lucid, Lucidchart, Mural and Qt Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Collaborative prototypes for applications are developed and managed via whiteboarding.
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| domain | founded_year | HQ Location |
Solutions for business visualization, planning, and building are offered.
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| domain | founded_year | HQ Location |
Collaborative web-based diagramming and flowcharting tools are offered.
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| domain | founded_year | HQ Location |
Cloud-based whiteboarding platform is offered for collaborative idea sharing.
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| domain | founded_year | HQ Location |
Cross-platform user interface and application development for desktop and embedded platforms
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Figma
Frequently Asked Questions about Figma
When was Figma founded?
Figma was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Figma located?
Figma is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Figma?
Dylan Field is the current CEO of Figma. They have also founded this company.
Is Figma a funded company?
Figma is a funded company, having raised a total of $748.75M across 8 funding rounds to date.
What does Figma do?
Platform offering collaborative prototype development solution. It is a collaborative design tool that allows users to design, prototype, develop, and collect feedback for building products using AI and ML algorithms. Its features include crop, fit, and fill modes, vector networks, live device preview, pixel preview, text options, sketch imports, and exports. The platform can be used by UI or UX designs, graphic designs for wireframing. It also provides a platform for designers and developers to explore, install, use, and remix templates, plugins, and widgets. It is a tool available on the subscription based pricing model.
Who are the top competitors of Figma?
Figma's top competitors include Lucid, Klaxoon and Lucidchart.
Is Figma publicly traded?
Yes, Figma is publicly traded on NYSE under the ticker symbol FIG.
How many acquisitions has Figma made?
Figma has made 4 acquisitions, including Impira, Payload CMS, and Visly.
Who are Figma's investors?
Figma has 23 investors. Key investors include Morgan Stanley, Kleiner Perkins, Durable Capital Partners, Andreessen Horowitz, and Sequoia Capital.
What is Figma's ticker symbol?
The ticker symbol of Figma is FIG on NYSE.
What is Figma's valuation?
The valuation of Figma is $10B as of Jun 2021.
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