Figma, Inc.
San Francisco, CA
Headquarters
San Francisco, CAFounded
2012CEO / Founder
Dylan FieldEmployees
1001-5000Funding
Public — $332.9MStock
FIGProducts
0 products listedWebsite
figma.com
Profile updated
About Figma, Inc.
Figma Inc. operates a cloud-based design platform that enables teams to collaborate on interface design projects in real-time. The company was founded in 2012 by Dylan Field and Evan Wallace and is headquartered in San Francisco, California. Figma's browser-based application allows multiple users to work simultaneously on design files without requiring software downloads or version control management.
The platform serves as a primary tool for user interface and user experience designers, product managers, and developers across technology companies, startups, and enterprises. Notable users include Airbnb, Microsoft, Uber, and Twitter. Figma's core products include design tools for creating interfaces, prototyping capabilities, and developer handoff features that generate code snippets and design specifications.
Adobe announced its acquisition of Figma for $20 billion in September 2022, though the deal faced regulatory scrutiny and was ultimately abandoned in December 2023. Prior to the acquisition attempt, Figma raised approximately $332.9 million across multiple funding rounds, including a $200 million Series E in 2021 that valued the company at $10 billion. The company employs over 1,000 people and has maintained its position as a primary competitor to Adobe's Creative Suite in the design software market.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
No products listed yet for this company.
Competitive Landscape
Who Figma, Inc. competes with, and how they differ.
Owns Illustrator, Photoshop and XD's legacy design-tool user base; attempted a $20B acquisition of Figma in 2022 (terminated 2023 on regulatory grounds) specifically because Figma threatened Creative Cloud's design position, and now competes directly via Adobe Express and Firefly.
3 products reviewed on TopReviewed
Started as a Figma-adjacent prototyping tool and pivoted into a design-to-production website builder — a direct pull for teams that want to publish a design as a live site without a separate developer handoff.
1 product reviewed on TopReviewedThe macOS-only vector UI design tool Figma displaced as the design-tool default; subscription-based and Mac-exclusive versus Figma's browser-based, cross-platform, real-time-collaborative model.
Templates-first design tool aimed at non-designers and marketing teams rather than product/UX teams; free tier and a shallow learning curve win at the low end where Figma's professional toolkit is a barrier.
2 products reviewed on TopReviewedAI-powered wireframing tool aimed at product managers who want fast mockups without learning Figma's full vector design toolkit; narrower scope, no professional-grade editing or dev-handoff tooling.
1 product reviewed on TopReviewed
Visual web design tool that outputs a production-ready website directly, versus Figma's design-then-handoff-to-code workflow; competes at the boundary where visual design and shipped code meet.
1 product reviewed on TopReviewedCompany Timeline
Key milestones in Figma, Inc.'s history, with sources.
- Milestone
FY2025 revenue crosses $1 billion
Figma reported full-year 2025 revenue of $1.056 billion, up 41% year-over-year, in its Q4/FY2025 earnings release.
sec.gov - Funding
IPO on NYSE at $33/share
Figma priced its IPO at $33 per share (above its raised range), offering 36,937,080 Class A shares and raising approximately $1.22 billion; began trading on NYSE under ticker FIG.
figma.com - Funding
Tender offer values Figma at $12.5 billion
Figma ran a secondary tender offer sized $600-900M letting employees and early investors sell shares, backed by new investors including Fidelity, Franklin Venture Partners and Atlassian, setting a $12.5B valuation.
finance.yahoo.com - Milestone
Adobe-Figma $20B merger terminated
Adobe and Figma mutually terminated their merger agreement after UK and EU regulators found no clear path to approval; Adobe paid Figma a $1 billion cash termination fee.
news.adobe.com - Acquisition
Adobe agrees to acquire Figma for ~$20 billion
Adobe announced a definitive merger agreement to acquire Figma for approximately $20 billion in cash and stock, a deal that was ultimately terminated in December 2023 on regulatory grounds.
news.adobe.com - Funding
Series E — $200M at $10B valuation
Figma raised a $200M Series E led by Durable Capital Partners and Morgan Stanley Counterpoint Global, valuing the company at $10 billion.
siliconangle.com - Funding
Series D — $50M led by Andreessen Horowitz, unicorn status
Figma raised a $50M Series D led by a16z (Peter Levine, Marc Andreessen) with participation from Index, Greylock, Kleiner Perkins, Sequoia and Founders Fund, reaching unicorn ($2B) valuation.
figma.com - Funding
Seed round led by Index Ventures
Figma closed a roughly $4M seed round led by Danny Rimer at Index Ventures, the firm's first bet on Dylan Field and Evan Wallace.
fortune.com - Founded
Figma founded by Dylan Field and Evan Wallace
Dylan Field and Evan Wallace, former Brown University classmates, founded Figma after Field received a $100,000 Thiel Fellowship grant requiring him to leave school.
figma.com
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