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Figma Announces Pricing of Initial Public Offering | Figma Blog (opens in new tab)

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Figma announced pricing for its initial public offering at $33 per share, valuing an offering of 36,937,080 Class A shares. Trading is expected to begin on the New York Stock Exchange under “FIG” on July 31, 2025, with closing scheduled for August 1. The IPO marks Figma’s transition from a design tool into a broader, AI-powered product development platform.

IPO Details

  • Figma is offering 12,472,657 shares of Class A common stock.
  • Existing stockholders are selling 24,464,423 shares.
  • The offering’s public price is $33.00 per share.
  • Certain selling stockholders granted underwriters a 30-day option to purchase up to 5,540,561 additional shares for over-allotments.
  • Figma will not receive proceeds from shares sold by existing stockholders.

Trading and Underwriting

  • Shares are expected to trade on the New York Stock Exchange under ticker symbol FIG.
  • The offering is expected to close on August 1, 2025, subject to customary conditions.
  • Morgan Stanley, Goldman Sachs, Allen & Company, and J.P. Morgan are joint lead book-running managers.
  • BofA Securities, Wells Fargo Securities, and RBC Capital Markets are additional book-running managers.
  • William Blair and Wolfe | Nomura Alliance are serving as co-managers.
  • The SEC declared the related registration statement effective on July 30, 2025.

Figma’s Platform and Evolution

  • Founded in 2012, Figma describes itself as a collaborative platform for digital product development.
  • The company has expanded beyond interface design into an AI-powered system supporting:
    • Ideation
    • Design
    • Building
    • Product shipping
  • Its central value proposition is helping teams collaborate more efficiently while maintaining alignment throughout the product lifecycle.

Figma’s IPO makes its public-market debut with a $33-per-share offering and positions the company as a broader collaborative platform for designing and delivering digital products.