It's been quite a journey for Figma since its inception 13 years ago, especially with the near-acquisition by Adobe three years back. Fast forward to today, Figma's stock skyrocketed during its recent public debut, closing a whopping 250% above its IPO price. Let's dive into who reaped the rewards of Figma's success post-IPO.
The Epic Rise of Figma
Figma's Unprecedented Growth
Imagine this: Figma went public with a staggering $19.3 billion valuation, surpassing Adobe's previous acquisition offer. The stock's incredible performance saw the company reach a valuation of almost $68 billion post-IPO, bringing immense returns for Silicon Valley investors and even a nonprofit organization.
The Hottest IPO of the Year
Figma's Market Dominance
Picture this: Figma's IPO became the most talked-about event, attracting massive public interest after a prolonged tech IPO dry spell. The company's celebratory block party outside the New York Stock Exchange was just a glimpse of the excitement surrounding its market debut.
The Unveiling of Figma's Stock
Figma's Market Performance
From an IPO price of $33 per share, Figma's stock made an explosive entrance, opening at $85 per share and surging to a high of $124.63. The offering, which raised $1.2 billion, exceeded initial price expectations, showcasing the market's confidence in Figma's potential.
The Journey to IPO
Figma's Strategic Moves
Back in 2022, Adobe's acquisition plans for Figma fell through due to regulatory hurdles, leading to a pivotal moment for the design company. This turn of events proved to be a blessing, allowing Figma to innovate and expand its product line, setting the stage for its remarkable IPO success in 2025.
The Visionaries Behind Figma
The Minds Behind Figma's Success
In 2012, Dylan Field and Evan Wallace founded Figma, introducing their design software to the public four years later. With a history of strategic growth and innovation, Figma secured substantial funding and witnessed remarkable valuation milestones leading up to its IPO.
We may not have exact figures on investors' initial investments, but Figma's closing share price of $115.50 post-IPO sheds light on the stakes held by major investors. The celebration continues as Figma marks a new chapter in its success story.
For further insights, Figma chose not to provide comments for this narrative.
Discover the post-IPO stakes of Figma's key investors and join the celebration of their well-deserved success!
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By: rtorrence@businessinsider.com (Rebecca Torrence,Geoff Weiss)
Title: Discover the Winners of Figma’s Blockbuster IPO Celebration
Sourced From: www.businessinsider.com/who-got-rich-on-figma-ipo-2025-7
Published Date: Thu, 31 Jul 2025 21:42:53 +0000
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