Figma's Series E | Figma Blog (opens in new tab)
Figma announced its Series E funding round in June 2021, led by Durable Capital Partners with participation from Morgan Stanley’s Counterpoint Global and earlier investors. The round valued the company at roughly $10 billion. CEO Dylan Field framed the funding as support for Figma’s broader mission: making design accessible, collaborative, and relevant to everyone involved in creating products. ## Series E Funding - Durable Capital Partners led the new investment round. - New investors included Counterpoint Global, Morgan Stanley’s investment group. - Existing investors such as Index, Greylock, Kleiner Perkins, Sequoia, and Andreessen Horowitz also participated. - The announcement followed 16 months of disruption and remote work during the COVID-19 pandemic. ## Figma’s Vision for Accessible Design - Figma aims to make design accessible to all, not only professional designers. - Its browser-based multiplayer model is intended to change how teams work and build products together. - The company plans to serve: - Expert designers with specialized tools - Engineers, product managers, and other product-development roles - Students and company executives - A broader community interested in creativity and visual collaboration - Field described a future with more products that help more people create and collaborate visually. ## Appreciation for the Figma Community - Field credited Figma’s employees, users, and designer community for the company’s progress. - He emphasized the team’s shared experience of working, growing, and supporting one another during the pandemic. - The company presented the funding as both an opportunity and a responsibility to continue serving its community. Figma’s Series E marked a major financial milestone, but the company positioned it primarily as fuel for expanding collaborative, design-first product development. Its recommendation to prospective employees was clear: join the company as it broadens design beyond traditional specialists.