Market value of design software company is about $ 70 billion
The shares of the design software company rose 250% on Thursday (31.Jul.2025), the day it debuted at, the New York Stock Exchange (USA). According to The Wall Street Journal, it was one of the most striking IPOS (acronym for initial public offering) in recent years.
According to the publication, the market opened with a quote of $ 85 per share of the company – also than double the price of IPO. It was the best performance on the first day in years for a large offer. The shares closed at US $ 115.50, more than three times the starting price. With this, the company has acquired a market value close to $ 70 billion.
People close to the operation told the US newspaper that Figma and its coordinators were already waiting for the jump on the first day. Despite the high demand, they decided for a conservative price of $ 33 per share for their debut in the bag.
Figma develops collaborative tools to create applications and websites. Its products are used by companies such as Airbnb, Uber and Netflix.
The company was founded in California in 2012 by 2 friends. He began preparing for IPO after Adobe gave up on an acquisition proposal in 2023 after resistance from regulatory organs.
According to The Wall Street JournalFigma had revenue of $ 749 million by 2024, a growth of almost 50% over the previous year. Still, it closed the year with net loss, attributed to remuneration costs in actions for employees.
