Figma

Verified

Figma - provider of a cloud-based screen design tool intended to create digital products. The company's screen design tool is used for designing, prototyping and collaborating as well as helps in simplifying collaboration across the entire design process for thousands of companies and millions of users, including designers, developers and others, enabling clients to collaborate on web and application-based interface design projects entirely in the browser.

Figma is the open design company founded in 2012 by Dylan Field and Evan Wallace. With Figma cloud-based screen design tool, teams achieve a shared understanding around design without worrying about syncing, exporting, or installing software. Figma has simplified collaboration across the entire design process for thousands of companies like Microsoft, Slack, and Uber; and users, including designers, developers, product managers, marketers and others.

The service is available as a subscription tool; a free tariff plan for one project is provided. A key feature of Figma is its cloudiness, the service does not have an offline version. Due to this, the cross-platform principle is also achieved, which the nearest competitors - Sketch and Adobe XD cannot guarantee. Figma is suitable for creating simple prototypes and design systems, as well as for complex projects (mobile applications, portals). In 2018, the platform became one of the fastest-growing tools for developers and designers.

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Figma Valuation chart

Valuation Table

Round	Post-Val	Amount	Price
Seed	$0	$3.87M	$0
Series A	$0	$1.4M	$0
Series B	$0	$25M	$0
Series C	0	40M	0

Figma Price Per share chart

Price Per share Table

Date	Price	~Valuation
Jun 2013	$0	$0
Dec 2015	$0	$0
Dec 2018	$0	$0
Feb 2019	0	0
Apr 2019	$0	$0
Aug 2019	$0	$0
Nov 2019	0	0

Signals

signals

Bullish

61.9%

Bearish

38.1%

Bearish

2019-11-07

-1

Coda launches new workplace collaboration tools to compete with Figma
Bearish

2019-11-06

-1

Adobe XD does collaborative editing now, just like Figma
Bullish

2019-10-23

+1

Figma’s new community profiles let users view and remix design files
Bullish

2019-08-01

+1

Figma launches plug-ins
Bullish

2019-07-16

+1

Forbes - Next Billion-Dollar Startups 2019
Bearish

2019-04-12

-1

What design tools get wrong
Bearish

2019-03-20

-1

Abstract (Figma competitor), a versioning platform that helps designers work like developers, raises $30M
Bullish

2019-02-14

+1

Figma gets $40 million Series C to put design tools in the cloud
Bullish

2019-01-29

+1

Figma’s design and prototyping tool gets new enterprise collaboration features
Bullish

2018-03-24

+1

Figma Launches Design Platform and Web API
Bullish

2018-02-01

+1

Bloomberg opinion - Startup Figma try to chip away at Adobe's dominance
Bullish

2018-02-01

+1

Figma Raises $25 Million Series B Led by Kleiner Perkins
Bullish

2017-12-20

+1

Framer raises $7.7M for visual design prototyping tool and to compete with Figma
Bearish

2017-05-11

-1

Figma or Sketch: who wins the war on multiplayer design?
Bullish

2016-12-08

+1

Figma’s presented new components for Editor
Bearish

2016-11-08

-1

Expert skepticism - Is Figma a serious option for sketch designers?
Bearish

2016-11-08

-1

Expert skepticism - Is Figma a Serious Option for Sketch Designers?
Bearish

2016-09-28

-1

Figma challenges Adobe by trying to be the Google Docs of design
Bullish

2016-08-23

+1

Figma now integrates with Framer for real-time design
Bullish

2015-12-04

+1

Figma introduces world’s first browser-based, professional grade tool for collaborative Interface design
Bullish

2015-12-03

+1

Figma launches with $14M to fight Adobe