Figma IPO: Date, Price, Final Terms, S-1
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The Figma IPO date was July 31st, 2025. The deal priced at $33 per share and the first trade occurred at 1:59 pm ET at $85 per share (158% “pop”).
The stock closed on the first day of trading at $115.50, up 250%.
The Figma stock symbol is “FIG” and trades on the NYSE.
Invest in pre-IPO startups like Canva, OpenAI, and Databricks via the Fundrise Innovation Fund. All U.S.-based investors 18+ can start investing with as little as $10.
Table of Contents
Notable Figma News
07/31/2025: Figma Closes Up 250% on the First Day of Trading
07/30/2025: Figma IPO Priced at $33
07/28/2025: Figma Upsizes IPO Price Range
07/21/2025: Figma’s Dylan Field will cash out about $60M in IPO
Older news…
About Figma
Figma is a software platform for collaborative design and application development. The business is a software-as-a-service (SaaS) model, providing users with web-based tools for a recurring fee.
Founded by Brown University students Dylan Field and Evan Wallace in 2012, Figma empowers remote collaborative user-interface design and whiteboarding.
The company inked a deal to be acquired by Adobe in September 2022. But the companies decided to end their merger in December 2023 due to regulatory roadblocks. Regulators perceived the deal as anti-competitive due to similarities to the Adobe XD product.
Now that Figma is operating as an independent company, we’re watching its next moves, which could include a new private funding round, fresh acquisition suitor, or Figma IPO.
IPO Terms
- Figma IPO Date: Thursday 07/31/2025
- Stock Symbol: “FIG”
- Exchange: NYSE
- Final IPO Price: $33
- Opening Trade: $85 per share
- First Trade Time: 1:59 pm ET
- First Date Closing Price: $115.50
- First Day Gain: 250.0%
- Offering: 36,937,080 shares (2/3 from existing shareholders)
- Raise: $1.2 billion
- IPO Valuation: $18.5 billion
- Roadshow
- Initial Price Range: $30-$32
- Availability: Robinhood, SoFi Invest, ETrade
- Lead Underwriters: Morgan Stanley, Goldman Sachs
Figma S-1 Filing
Read the latest S-1 filing on the SEC website. Amended version with the latest terms dropped on July 28th.
Ownership
Figma is now a publicly traded company.
Pre-IPO investors included Figma’s founders and employees and several well-known venture capital firms and investors, including Index Ventures, Andreessen Horowitz, Greylock, Kleiner Perkins, Sequoia, Durable Capital, Haystack, Founders Fund, ICONIQ, Morgan Stanley’s Counterpoint Global, Adam Nash (LinkedIn), Mike Krieger (Instagram), Jeff Weiner (LinkedIn), and Soleio Cuervo (Facebook).
Private Funding Rounds
| Round | Date | Est. Valuation | Raise Amount | Price |
|---|---|---|---|---|
| Tender | 05/15/24 | $12.5B | $415.75M | $23.10 |
| Series E | 06/23/21 | $10.0B | $200.00M | $21.30 |
| Series D | 04/28/20 | $2.0B | $50.00M | $4.62 |
| Series C | 02/07/19 | $440.0M | $40.00M | $1.10 |
| Series B | 01/31/18 | $159.0M | $25.00M | $0.02 |
| Series A | 12/02/15 | $77.0M | $14.00M | $0.20 |
| Seed | 06/21/13 | NA | $3.90M | $0.09 |
| Source: Caplight |
Pre-IPO Valuation
The last confirmed Figma valuation before the IPO was $12.5 billion, based on the May 2024 tender offer that allowed employees to liquidate shares after the Adobe breakup.
The Adobe acquisition price would have been $20 billion. Before the takeover bid, the Figma valuation was $10 billion, established at the end of its Series E funding round in June 2021.
Figma IPO Preamble
The company filed for an IPO on July 1st, 2025, after submitting its draft S-1 to the SEC around April 15th. It set terms on Monday, July 21st, setting the stage for the IPO to complete the following week.
Figma abandoned its plans to be acquired by Adobe in December 2023. IPO preparations were likely not a consideration as it was preparing for an acquisition.
After abandoning the acquisition, Figma continued as a privately held independent company. Shortly after, it started making preparations for an IPO.
Plaid experienced a similar acquisition failure in its deal with Visa but has recovered more slowly. I thought Figma would have a similar bruise.
Instead, all signs point to a forthcoming IPO as early as the second half of 2025.
How to Buy Figma Stock
Now that Figma is a public company, investors can own the stock via any online broker. The stock symbol is FIG.
Frequently Asked Questions (FAQs)
Is Figma Publicly Traded?
Yes.
What is the Figma Stock Price?
What is the Figma Stock Symbol?
The Figma stock symbol will be “FIG”.
Figma News Archive
07/21/2025: Figma Sets IPO Terms
07/01/2025: Figma Files for an IPO; Read the S-1
05/12/2025: Morgan Stanley Is Leading the Figma IPO
04/15/2025: Figma has confidentially submitted a draft S-1
03/07/2025: Figma in Talks to Explore an IPO This Year
05/16/2024: Figma deal allows employees to sell shares
02/08/2024: NYT: A Start-Up Picks Up the Pieces
01/23/2024: Figma to boost employee equity packages
01/05/2024: InVision is shutting down in the era of Figma
12/18/2023: Figma and Adobe abandon merger
09/15/2022: A new collaboration with Adobe
06/24/2021: Figma’s Series E
04/30/2020: Figma Eyes Acquisitions, New Tools With $50 Million In Fresh Funding
04/20/2020: Figma’s Series D round
02/14/2019: Figma raises $40MM Series C round led by Sequoia
02/01/2018: Figma raises $25M Series B
12/03/2015: Design Collaboration Tool Figma Launches With $14M To Fight Adobe
06/26/2013: 21-Year-Old Thiel Fellow Raises $3.8 Million For Figma
Conclusion
Now that the Figma IPO is complete, retail investors can own the stock. Avoid chasing overpriced IPOs to avoid future disappointment.
Retail investors can invest in a similar company, Canva, and other pre-IPO companies like Databricks, OpenAI, and Anthropic via the Fundrise Innovation Fund. Invest in the next IPOs, today.
The minimum to invest is $10, and all U.S.-based investors 18+ are welcome. But we have yet to see Figma availability in pre-IPO venture capital funds available to non-accredited investors.
If you received an allocation for the Figma IPO, congratulations. Invest in pre-IPO and IPO companies with caution.
Read more: Top SaaS Startups
Craig Stephens is a former IT professional who left his 19-year consulting career at the IRS to be a full-time finance writer. He started Access IPOs in 2016 to provide a resource for ordinary investors pursuing investment access to IPOs and pre-IPO startups. Craig studied Finance at Michigan State University and lives in Northern Virginia with his wife and three children. Learn more about Craig.
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