Figma more than triples in NYSE debut after selling shares at $33
Summary
Figma surged in its NYSE debut after pricing its IPO at $33 per share and raising $1.2 billion. The company now carries a market value of roughly $68 billion after a strong first day of trading. Figma builds web-based collaboration software for design, slide decks, and digital whiteboards, and it serves more than 13 million monthly users. Its customer base includes large enterprises such as Google, Microsoft, Netflix, and Uber, with more than 1,000 clients paying over $100,000 annually. The debut highlights renewed investor demand for software IPOs and could encourage more private software companies to go public.
Funding
Amount
$1.2B
Total raised
Date
July 31, 2025
Announcement date
Investors
New York Stock Exchange, Adobe, Greylock, Kleiner Perkins Caufield & Byers
Lead investors
Company
figma.com
Funded company
Classifications
industries
No industries detected
applications
Financial Reporting
AskAI Classifications
Labels
SaaS
Collaboration Software
Design Software
Linked Companies
Figma
$1M to $5M