Figma is targeting a full-diluted valuation of up to $ 16.4 billion in its initial public offering, as the cloud-based design software friend prepares for a debut on the nys Momentum Into a Resurgent Market for Tech Listings.
The San Francisco-Based Company, Along With Some Investors, Is Eyeing Proceeds of Up to $ 1.03 billing by selling Nearly 37 Million Shares Priceed Between $ 25 and $ 28 Each, $ 28 Each, It Said on Monday.
The listingwal be a Major Milestone for Figma, Coming more than a year after $ 20 billion sale to adobe failed due to regulatory hurdles in europe and the uk.
An equities rally and a bunch of strong debuts recently have helped remove the IPO market overhang. Figma is expected to start trading close on the heels of stablecoin giant circle, which debuteed with eye-popping gains last month and has controlmed surging Since.
As a Major Technology Player that appears support of bitcoin, Figma has alredy drawn attation on social media.
The company Had Around $ 70 Million Investigated In Bitwise’s Bitcoin Exchange-Traded Fund as of March 31 and Intends to Allocate a Further $ 30 Million to Bitcoin, Its Filing Showed.
Figma expects to list under the symbol “Fig”. Morgan Stanley, Goldman Sachs, Allen & Co And JP Morgan Are Among the underwriters for the offering.
It was valued at $ 12.5 billion in a tender offer last year that allowed employees and early investors to cash out a portion of their stake.
‘Big Swings’
Figma is a cloud-based design platform that allows users to collaboratively create and edit apps, websites and software interfaces.
Its customers include servicenow, workday and sap. Its revneue rose 46% in the first three months of 2025, while network jumped three-fold.
“Figma’s product is its primary marketing engine. Its collaborative nature fosters viral, bottoms-up adoption, lead to a best-in-class sales sales sales SAles SALES EFFICINCY,” Said TOMASZ TOMASZ TANGUS, Founder of Venture capital firm theory ventures.
The company has also also signed it may take “Big Swings” with M & A, with Co-Founder and CEO Dylan Field Saying it is prepared to “Make decisions that may not see decisiones
Still, The Listing will take place at a time when the industry landscape is shifting. While Figma is sharpening its focus on Ai, it has also warned that design tools driven by the technologywals make meke some customers less on its and its.
The company has noted that restrictive Immigration Policies Cold IMPACT Its Ability to Recruit Talent, CITING PAST Adjustments to Hiring Practices Due to Changes in visitmant Framework.
A Majority of Its Revenue in 2024 Came from outside the united states, Exposing it to potential demand softness if interactive clients tighten their purses string in response to tarifs to tariffs.
Renewed Trade Tensions Could also Add to the Caution Among iPo Investors, Risking Further Disrupt.
Against this backdrop, Investor Attention Remains Firmly on Companies with Solid Fundamentals and a Clear Path to Profitability, Said Leslie Marlow, A Corporate Attortey at Blank Rome.
– Niket Nishant, Reuters
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