Figma
Design platform for product teams
- 1001+ employees
- B2B
- Enterprise
- Internal tools
- Design
- SaaS
- Product Management
- Union Square, San Francisco, CA
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Company mission
Figma's mission is to help teams create, share, test, and ship better designs from start to finish.
97% employee growth in 12 months
Our take
Figma is a web-based design platform that helps cross-functional teams of designers, project managers, and developers easily collaborate on product design projects. Its standout feature, Multiplayer mode, is like Google Docs for design, letting team members collaborate in real-time on project files that are hosted in the cloud.
Founded in 2012, Figma quickly established itself among its competitors in the sector and, in 2024, achieved a valuation of $12.5 billion after a large funding round backed by the likes of General Catalyst and Andreessen Horowitz. However, its recent focus on AI tools has had mixed results; Figma's Make Design tool, which generates apps using AI, was taken off the market soon after launch.
Nevertheless, thousands of industry-leading companies such as Airbnb, Dropbox, GitHub and Microsoft use Figma to scale their design efforts easily across distributed teams. A 2025 IPO is on the cards too, and Figma has the customer base and market trust to pull it off.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Parental leave & fertility support
- Mental health and wellness benefits
- Equity
- Company recharge days
- Work from home stipend
- Health, Dental, & Vision
- Generous PTO
- Cell phone reimbursement
- Retirement with company contribution
- Learning & development stipend
Funding (last 2 of 8 rounds)
May 2024
$415.7m
SERIES F
Jan 2022
$0.5m
SERIES E
Total funding: $749.1m
This company has top investors
Leadership
Dylan Field
(CEO)Previous Research Assistant at Microsoft for 1 year. Spent 2.5 years at Brown University pursuing a CS/Math degree, dropping out with the support of the Thiel Fellowship, when he earnt a grant of $100,000 to pursue entrepreneurial projects.
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