Find in-detail story behind Figma’s blockbuster $1.2B IPO at $33 per share. Get the knowledge and unique insight not found in typical news.
We are going to cover Figma IPO, Figma’s fundamentals, global reach, financial health, and why experts say it’s a bellwether trendsetter tech deal of 2025.
Introduction
Did you know Figma’s IPO was oversubscribed 40 times, making it one of the hottest stock launches in years? As the world’s leading collaborative design platform, Figma just hit the NYSE with an IPO priced at $33 a share—raising over $1.2 billion. But what’s underneath the headlines? This blog looks at the deeper story behind it, its business strengths, and special IPO details you won’t find anywhere else.
Why Figma’s IPO Matters Now
- This is the first big tech company to sell shares to the public since 2021, showing that people are getting excited about tech stocks again.
- Massive demand: Figma’s IPO was 40 times oversubscribed, meaning way more people wanted to buy shares than were available. This shows that investors all over the world are very excited and confident about Figma’s future.
- it is getting a fresh start after its deal with Adobe didn’t go through. Adobe wanted to buy it for $20 billion, but the deal was stopped by regulators. Now, Figma is back in the spotlight and worth about $19.3 billion.
- it becoming a public company might encourage other big tech companies, like Canva, to do the same.
- If you want to learn how Artificial intelligence affect the stock market, check out our guide: Can Artificial intelligence Make You a Better Investor in 2025?
Figma at a Glance: What Sets It Apart
- it was started in 2012 by Dylan Field and Evan Wallace and is based in San Francisco.
- Popular with teams: More than 13 million people use Figma every month, including 95% of the biggest companies in the world (the Fortune 500).
- Game-changing technology: it was the first to let people design together in real time using just a web browser. This made it easier for remote teams to work on apps and digital products.
- More than just design: Figma now also helps with prototyping, brainstorming, and even has AI tools for design. About 76% of users use more than one Figma product.
- Used around the world: most of the user of Figma are Outside of U.S. near about 85% over 150 different countries.
What Makes Figma’s Fundamentals Stand Out
| Metric | Value (2024/2025) | Notes |
| Revenue (2024) | $749 million | 48% YoY growth |
| Q1 2025 Revenue | $247–250 million | Up 40% from Q1 2024 |
| Q1 2025 Net Income | $44.9 million | Tripled vs. prior year |
| Gross Margin | 91% | Very high for SaaS |
| Monthly Active Users | 13 million | 2/3 are non-designers |
| Paid Customers | ~450,000 | Powering growth worldwide |
- Figma is growing fast and making money: Its “Rule of 40” score is 63—that’s really good! It means Figma is one of the top companies in the software world.
- People love using Figma: About 76% of customers use more than one Figma tool. That shows they find it super useful and want to stick with it.
Key Shareholders and Figma IPO Structure
- Share split: it sold 12.47 million new shares, while early investors and others sold 24.46 million shares. Most of the money from the IPO is going to those early investors and employees, not just Figma itself.
- Founders in control: CEO Dylan Field still has strong control of the company, keeping about 74% of the voting power because of special “super voting” shares.
- Big investors: Major firms like Index Ventures, Greylock, Kleiner Perkins, and Sequoia are still backing Figma. They only sold a small part of their entire shares.
- Unusual move: In most IPOs, the company sells more shares than early investors. But with it, early investors sold about twice as many shares as the company did—showing they believe Figma is strong and will keep growing.
Read the official Figma S-1 Registration Statement on SEC.gov for full financials and company disclosures.
Conclusion
Figma’s $33 IPO didn’t just raise $1.2 billion—it sent a clear signal: investors are excited about tech innovation again. With strong earnings, creative tools, and a fresh way of helping teams work online, it stands apart from many other newly public tech companies.
Figma is now a public company!
That means people can buy and sell pieces of the company, called stock.
Now Figma is a public company!
That means people can buy and sell parts of the company, called stock.
What do you think—will Figma’s stock go up, or is everyone just too excited right now?
Tell us what you think in the comments!
FAQs
What is Figma?
it is a cloud-based design platform that lets teams work together in real time on apps, websites, and digital products
How much did Figma raise in its IPO?
it raised $1.2 billion by selling shares at $33 each on the New York Stock Exchange (NYSE).
Is Figma profitable?
Yes—it made a profit of $44.9 million in the first quarter of 2025 and has very high gross margins (91%).
Who are Figma’s main investors?
Top backers include Index Ventures, Greylock, Kleiner Perkins, and Sequoia. CEO Dylan Field also still holds major control.
Why was the IPO so oversubscribed?
Investors are looking for strong, fast-growing software companies as the IPO market reopens—and Figma’s standout teamwork tools make it especially attractive.