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Figma is now publicly listed on NYSE. This legacy page is kept for historical private-market reference. Check public filings and the live exchange for current price and ticker.

Figma

Browser-first collaborative design and prototyping tool — the dominant platform for product teams at Apple, Google, Microsoft, Airbnb, and 4M+ other organisations.

SaaSUnited States·Founded 2012·ISO/NSO equity·figma.com ↗

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Historical reference

No longer a private company

Figma has exited the private market — see the notice above for the public ticker or acquisition terms. Our 4-method private valuation no longer applies, so we don't show a secondary-market estimate here. The funding history and data below remain for reference.

Exact listing details pending source verification — check public exchange filings for current price and ticker.

IPO / listing valuation

Source verification pending

Check public filings and exchange data

Public listing

Source verification pending

Check public filings and exchange data

Headcount

1,200

employees · LinkedIn+9%

LinkedIn count — directional proxy only. Historical figure sourced via Wayback Machine; treat ±15% as normal variance.

Revenue (est.)

$1.2B

annual run rate · est.

Complete company data

Every input we use, where we got it from, and how much we trust it.

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Listing source pending: Listing details pending source verification.

Field	Value	Source & Verification	Confidence
Company fundamentals
Sector	SaaS	Editorial classification	high
Headquarters	United States	Company website · Crunchbase	high
Founded	2012	Company website · Wikipedia	high
Website	figma.com	Direct	high
IPO / listing valuation
Listing details	Source verification pending	Bloomberg / Reuters Jul 2025[source URL pending]	low
Capitalization
Total fully-diluted shares	445.683M	Derived/estimated — SEC Form D filings, secondary price math, cap-table summaries[estimated — not authoritative] › notes Public total fully-diluted share count: estimated from SEC Form D filings, secondary-market pricing math (implied valuation ÷ price per share), and leaked cap-table summaries. Considered the lowest-confidence input.	low
Historical implied share price (private-market model)	$38	$16.8B anchor × 1000 ÷ 445.682595M shares[derived]	medium
Primary equity type granted	ISO/NSO	Public reports of company equity practices	high
Financials
Annual revenue (est.)	$1,161.028M	Estimated — best available public estimates (Sacra, The Information, company ARR disclosures, press reports)[estimated — not independently verified] › notes Annual revenue: best public estimates from Sacra, The Information, WSJ leaks, or company-stated ARR. Where official, we cite the source on the funding round.	medium
EV / Revenue (implied)	12.9x	Computed from valuation ÷ revenue[derived]	medium
Headcount
Employees (now)	1,200	LinkedIn — current company page count › notes Headcount: LinkedIn 'Company' page employee count, taken now and approximately 12 months ago via the Wayback Machine. Treat as a directional proxy for revenue growth, not a hard number.	medium
Employees (12 months ago)	1,100	LinkedIn company page — historical snapshot via Wayback Machine[estimated — ±15% directional proxy]	medium
12-month headcount growth	+9%	Computed[derived]	medium
Methodology inputs
Sector ETF proxy	IGV	Editorial choice — most representative public ETF › notes Sector ETF: editorial choice of the most representative public-market proxy. Annual return: 3-year trailing average from Yahoo Finance, refreshed quarterly.	medium
ETF annual return (trailing 3-yr)	18%	Yahoo Finance · refreshed quarterly	medium

Funding history

Primary rounds reported in Bloomberg, WSJ, TechCrunch, Reuters, or SEC Form D filings (efts.sec.gov). Linked per round below.

Valuation progression (equity rounds)

Valuation progression · equity rounds

$10.0Blatest · Series E

Total growth

100×

Historical model ref.

$16.8B

Primary round

Down round

Historical model ref.

Series E+400%2021-06-24

$10.0B

Led by Andreessen Horowitz · raised $200M

Source: TechCrunch Jun 2021(historical ref.)

Series D+150%2020-04-30

$2.0B

Led by Kleiner Perkins · raised $50M

Source: TechCrunch Apr 2020(historical ref.)

Series C+300%2019-05-08

$0.8B

Led by Sequoia Capital · raised $40M

Source: TechCrunch May 2019(historical ref.)

Series B+100%2018-02-15

$0.2B

Led by Andreessen Horowitz · raised $25M

Source: TechCrunch Feb 2018(historical ref.)

Series A2015-12-01

$0.1B

Led by Index Ventures · raised $14M

Source: TechCrunch Dec 2015(historical ref.)

Secondary market signals

Historical secondary market data for reference. This company has exited the private market.

IPO/public listing completed — equity is now publicly traded.

Exact listing details are pending source verification. Check public filings and exchange data for current price and ticker.

Secondary market monitoring (Hiive/Forge) is only relevant for privately-held equity. For current market value, check public filings or exchange data.

Public peer comparables

Public peer comparables: editorial selection of public companies with the closest business model. EV/Revenue and growth from public 10-Q filings and Bloomberg, refreshed quarterly.

Ticker	Company	EV / Revenue	Revenue growth	As of
ADSK	Autodesk, Inc.	5.8x	+18%	2026-07-09
CRM	Salesforce, Inc.	3.19x	+13%	2026-07-09
HUBS	HubSpot, Inc.	3.07x	+23%	2026-07-09
NOW	ServiceNow, Inc.	7.96x	+22%	2026-07-09
WDAY	Workday, Inc.	3.46x	+14%	2026-07-09

Confidence breakdown

Historical private-market model output — shown for reference only. This company has exited the private market; the 4-method estimate below no longer represents current market value.

This company is now publicly listed. Private-market method confidence is not shown — check public filings, broker statements, or exchange data for current equity value.

Historical equity model (legacy reference)

Historical private-market calculation for context only. If you hold legacy equity in this company, check the public ticker or deal terms — not this model.

Private-market scenarios disabled

This company is no longer private. Private-market scenario modelling does not apply. Use public filings, broker statements, or exchange data for current equity value.

Transparent assumptions

What we assumed where exact data isn't available. If any of these don't match your situation, the numbers above will be off.

Fully-diluted share count

445.682595M shares

We don't have authoritative cap-table access for private companies. The number above is reconstructed from SEC Form D filings, secondary-market price-vs-valuation math, and leaked share-class summaries. Actual fully-diluted count (including unvested option pool and SAFEs) may differ by 5–15%.

Common-stock waterfall

1.0× to common

We assume a clean common-stock outcome — i.e. preferred-share liquidation preferences and ratchets do not extract value before common. In a down-exit, this assumption can be very wrong: preferred stack can take 30–70% of proceeds.

Private-company illiquidity discount

15% off public peers

Applied to Method A (peer-multiple). Per-company because category leaders with deep secondary markets and a clear IPO path warrant a smaller discount than early-stage names. The literature range is 10–35%; for Figma we use 15% based on secondary-market depth, valuation history, and proximity to liquidity.

Revenue growth assumption (Method C)

35% YoY

Compounded forward from the last primary date to today to estimate the company's value drift. Set per-company based on disclosed or reported ARR trajectory. Method C is further capped at 1.3× the most recent secondary trade (if any) to stop runaway extrapolation when revenue growth outpaces what the market is actually paying.

Sector ETF momentum (Method D)

IGV @ 18%/year

Method D applies the trailing return of IGV as a market-proxy adjustment to the primary valuation. Crude — meant as a tiebreaker when peer and secondary data conflict, not as a primary signal.

Outlier auto-downweight

Methods >50% from median get ½ weight

Robust-statistics safety net: any method whose output strays more than 50% from the median of the other three methods has its confidence weight halved when computing the blended mid-point. Prevents a single bad extrapolation from dragging the headline.

Recency decay for secondary trades

180-day half-life (e⁻ᵈ/¹⁸⁰)

A trade from 30 days ago counts ~5× more than one from 180 days ago. Tunable; some platforms use shorter half-lives.

Tax estimate

US federal only, single filer

Uses 2024 US federal brackets, ignoring state tax, NIIT, AMT credit recovery, and any other deductions. Treat as a directional sanity check, not a tax bill.

All data from public sources. Not investment, tax, or legal advice. Not affiliated with Figma. Last refreshed manually — see methodology for our update cadence.