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Figma targets $18.8 billion valuation in US IPO
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According to Renaissance Capital, there have been 119 IPOs priced this year through July 28, a 45% increase from the year ...
Figma, a leading company in collaborative design software based in San Francisco, plans to make a big entrance on Wall Street ...
Design software company Figma has filed for an IPO, which is expected to raise up to $1.5 billion. Its entry to public markets comes more than a year after the collapse of Adobe’s attempted $20 ...
Figma didn't say how many shares it plans to sell in the IPO. The company was valued at $12.5 billion in a tender offer last year, and in April it announced that it had confidentially filed for an ...
Figma’s filing comes 15 months after Adobe decided to end a proposed $20 billion takeover of Figma, following concerns from U.K. regulators over how the deal might reduce competition in the ...
In 2024, Figma’s total revenue came in at $749 million, up year-over-year by 48%, the prospectus shows. Figma was founded in 2012 by Dylan Field and Evan Wallace, who met as students at Brown ...
While Figma is working on an IPO, that doesn’t mean it will proceed in the usual timeline, which is often four to six weeks after confidential paperwork has been accepted. Figma, which makes ...
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