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Description
Figma Inc. is an AI-powered design and product development platform where teams collaborate to turn ideas into digital products and experiences. Founded in 2012 and headquartered in San Francisco, California, Figma operates a browser-based subscription platform that supports the entire software creation lifecycle, from ideation through shipping. The company's product suite includes Figma Design for collaborative design and prototyping, Dev Mode for translating designs into code, FigJam for ideation and alignment, Figma Slides for presentations, and specialized tools like Figma Draw, Figma Sites, Figma Buzz for brand asset creation, and Figma Make, an AI-powered design tool. Figma's multi-product ecosystem emphasizes seamless collaboration across product development teams, enabling designers, developers, and stakeholders to participate in design-centric workflows in a shared environment. The platform derives its revenue from subscription-based access, serving product development teams across individual consumers, businesses, and government sectors. As a Large Cap company, Figma trades on the New York Stock Exchange under the ticker symbol FIG.
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Latest press releases
Jul 31, 2025
NYSE Content Advisory: Pre-market update + Figma valued at over $19 billion in IPO
NEW YORK, July 31, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
Kristen Scholer delivers the pre-market update on July 31st
Equities are catching a bid early Thursday after decent earnings reports from tech giants Microsoft and Meta. Apple and Amazon report their earnings after today's market close.
Figma, which provides browser-based design software, raised $1.2 billion after pricing nearly 37 million shares at $33 each. The price was above an upwardly revised range and valued Figma at more than $19 billion.
Shoulder Innovations priced five million shares at $15 each in its IPO. The company is a commercial stage shoulder surgery focused Medtech founded in 2009.
Opening Bell Figma (NYSE: FIG) celebrates its initial public offering
Closing Bell Shoulder Innovations (NYSE: SI) celebrates its initial public offering