Figma Inc.’s IPO is among the most talked-about public choices in tech this yr, and it’s taking place right this moment. A number of folks stand to make some huge cash—together with cofounder and CEO Dylan Area, in addition to numerous massive enterprise capital buyers.
Figma, a collaborative design software program platform, offers a set of on-line design instruments for designers to craft consumer interfaces (UIs) for web sites and apps, that are common with Fortune 500 corporations. The instruments are utilized by a number of companies, from Microsoft to Zoom.
Right here’s a have a look at how a lot a number of the principal gamers might take dwelling as the corporate IPOs.
First, how is the Figma IPO going?
On Wednesday, Figma Inc. priced the IPO at $33 a share. On Thursday, shares opened at nearly triple their preliminary public providing value on Thursday, at $85 on the New York Inventory Alternate (NYSE:FIG), which valued the corporate at about $50 billion. That valuation tremendously exceeds a earlier $20 billion buyout try from Adobe that fell aside in 2023. Buying and selling was halted after shares rapidly rose above $112.
Figma IPO payout: Area, Wallace largest winners
One of many largest winners of this itemizing is Figma’s cofounder, 33-year-old Dylan Area, who’s now price an estimated $1.8 billion, however as Forbes famous, this could possibly be just the start of his payout; he might get one other $1.3 billion in inventory if the inventory hits $130 per share.
Primarily based on the IPO value, Area’s cofounder Evan Wallace can be price an estimated $1.3 billion, however he donated a 3rd of his shares to the anti-homeless nonprofit Marin Neighborhood Basis, per Axios. (Wallace left the corporate in 2021.)
Index Ventures, Greylock Companions, Kleiner Perkins promote shares
The IPO permits present shareholders to promote extra shares than anticipated at a better ratio; and Figma’s largest enterprise buyers are cashing in.
Bloomberg reported the corporate bought 12.47 million shares within the IPO; whereas buyers together with Index Ventures, Greylock Companions and Kleiner Perkins bought 24.46 million shares, for a market worth of $16.1 billion, based mostly on the excellent shares listed in its filings—with worker inventory choices and restricted inventory models, the corporate has a completely diluted worth of about $18.5 billion.
In response to Enterprise Capital Journal, the most important winner right here can be Index Ventures, which holds 62.57 million shares, which priced conservatively, are price over $1.75 billion (at $28 a share), so probably, much more. The Journal reported that in all, the VCs stand to make greater than $6 billion.
Figma by the numbers
As Quick Firm beforehand reported, Figma reported $228.2 million in income for the primary three months of 2025, in line with its SEC filings. The corporate reported $749 million in income in 2024, a rise of 48% year-over-year. The design software program maker has 13 million month-to-month energetic customers.
