✅ Public — NYSE: FIG

Figma IPO — Now Trading

Design platform went public via direct listing December 14, 2023. Opened at $22B, now trading at $20B+ market cap. Led by Dylan Field. Track post-IPO performance on TechStackIPO.

FIG
NYSE Ticker
$20B+
Market Cap
$22B
Opening Price
$400M+
ARR
Post-IPO Status
✅ Public — NYSE: FIG
IPO StatusPublic
ExchangeNYSE
Ticker SymbolFIG
IPO DateDec 14, 2023
Valuation at IPO$10B ($22B opening)
Current Market Cap~$20B+ (2026)
Listing TypeDirect Listing
HeadquartersSan Francisco, CA
Founded2012
IPO Timeline
Seed through Series F ($730M raised)
2012–2021, multiple rounds
Adobe acquisition attempt — $20B deal terminated
Sep 2022 — $1B termination fee paid to Figma
Direct Listing on NYSE — ticker FIG
December 14, 2023 — opened at $22B
Trading as Public Company
~$20B+ market cap as of 2026
Collaborative Design Platform

Figma is a web-based collaborative design platform for UI/UX design, interactive prototyping, and design systems management. Unlike traditional desktop design tools (Adobe Photoshop, Illustrator, Sketch), Figma runs entirely in the browser with real-time multiplayer collaboration — multiple designers can edit the same file simultaneously. Figma's core products include: Figma (design editor), FigJam (whiteboard for brainstorming and workshops), and Figma's developer handoff tools. The platform became the standard for modern design teams, particularly in tech companies, due to its collaboration features, cloud-based file management, and powerful plugin ecosystem. Figma competed directly with Adobe's design tools — leading Adobe to attempt a $20B acquisition in September 2022. That deal was terminated in December 2023 due to regulatory concerns, and Figma went public the same day. Founded by Dylan Field and Evan Wallace in 2012 at Brown University. Dylan Field remains CEO.

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