Startup profile for Figma: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Figma funding, valuation and investors

Collaborative interface design platform that became the default design system tool.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series D

$50M · April 2020

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$90M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth

Investors in latest funding

Lead: Andreessen Horowitz

Other: Sequoia Capital , Greylock Partners , Kleiner Perkins

Sources: latest funding Last verified: 2026-07-25

Overview

Figma is a collaborative browser-based design platform for interface design, prototyping, and design systems. It became the default tool for product design teams before a planned Adobe acquisition collapsed in 2023, leaving Figma independent.

Why Figma is interesting

Figma proved multiplayer creative tools can become category standards. The collapsed Adobe acquisition deal (2023) made it a case study in strategic M&A and product moats.

Product & use cases

Collaborative browser-based design platform for interface design, prototyping, and design systems.

  • Product UI/UX design and prototyping
  • Design system management across teams
  • Developer-designer handoff with inspect mode

Key facts

  • Series D (Apr 2020): $50M led by a16z (/fund/andreessen-horowitz); Sequoia (/fund/sequoia), Greylock (/fund/greylock-partners), Kleiner Perkins (/fund/kleiner-perkins), Index Ventures, Founders Fund (/fund/founders-fund) participated (TechCrunch)
  • Series C (Feb 2019): $40M led by Sequoia; Coatue (/fund/coatue) and Founders Fund among participants (Figma blog)
  • Adobe acquisition ($20B) announced Dec 2022, terminated Dec 2023 — Figma remains independent
  • 2024 tender/secondary: a16z, Sequoia, Kleiner Perkins, Index, Greylock, Coatue, Thrive Capital (/fund/thrive-capital) among participants

Funding history (newest first)

Series D

2020-04 $50M

Source: https://techcrunch.com/2020/04/30/figma-raises-50m-series-d/

Series C

2019-02 $40M

Source: https://www.figma.com/blog/series-c/

Investors in our directory

Funds linked from Figma's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Coatue Founders Fund Greylock Index Ventures Kleiner Perkins Sequoia Capital Thrive Capital

Competitive landscape

Edge: Multiplayer browser-native design became category standard; massive community and plugin ecosystem.

Figma proved multiplayer creative tools can become category standards. The collapsed $20B Adobe deal (2023) left Figma independent with strong market position and continued growth.

  • Adobe XD incumbent

    Adobe's design tool; Figma won on collaboration.

  • Sketch incumbent

    Mac-native design tool displaced by Figma's browser approach.

  • Canva adjacent

    Broader design; less developer-focused.

Notable stories

  • Adobe's $20B acquisition announced Dec 2022 was terminated Dec 2023 — Figma received $1B break fee and remains independent.
  • Figma's 2024 tender included a16z, Sequoia, Kleiner Perkins, Index, Greylock, Coatue, and Thrive Capital.

Industries

Enterprise SaaS Developer Tools

FAQs about Figma

Practical answers founders, operators, and investors typically search for.

Figma is a collaborative browser-based design platform for interface design, prototyping, and design systems — used by product design teams at startups and enterprises.
Figma's backers include Andreessen Horowitz (/fund/andreessen-horowitz), Sequoia (/fund/sequoia), Greylock (/fund/greylock-partners), Kleiner Perkins (/fund/kleiner-perkins), Coatue (/fund/coatue), Founders Fund (/fund/founders-fund), and Thrive Capital (/fund/thrive-capital).
Figma is at growth stage. Its last disclosed venture round was Series D ($50M, 2020), followed by a 2024 tender/secondary. The company remains private.
Figma proved multiplayer, browser-native design tools could displace desktop incumbents. The collapsed $20B Adobe deal highlighted both its strategic value and antitrust scrutiny in creative software.
No. Figma remains private. A planned Adobe acquisition was announced in 2022 and terminated in December 2023.
No — the $20B deal was announced in 2022 and terminated in December 2023.
Figma is browser-based with real-time collaboration; Sketch is Mac-native.
$50M Series D (2020) among prior rounds; 2024 tender/secondary followed.
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