Figma
Figma is an American software company that provides a collaborative web application for interface design. Founded in 2012, Figma enables real-time collaboration for UI/UX design, vector graphics editing, and prototyping. The platform went public on the NYSE in July 2025 with a valuation of nearly $20 billion, serving millions of designers worldwide.
The Story
Figma is an American software company headquartered in San Francisco, California. The company provides a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows.
The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.
Figma was founded in 2012 by Dylan Field and Evan Wallace while they were computer science students at Brown University. The company spent four years in development before launching to the public in 2016. Under Field's leadership, Figma grew to serve millions of designers worldwide, with customers including Microsoft, Uber, Netflix, and Airbnb.
In July 2025, Figma went public on the New York Stock Exchange, reaching a valuation of nearly $20 billion. The company employs over 1,000 people and continues to innovate with AI-assisted design features.
Key Facts & Metrics
Products & Services
Figma
Collaborative interface design tool that brings teams together to design, prototype, and build products faster — all in one shared canvas.
Company Timeline
2012 — Figma founded
Dylan Field and Evan Wallace co-founded Figma as a browser-based design tool company.
2015 — Private beta launched
Figma opened its invite-only private beta to selected designers, building early community buzz.
2016 — Public launch
Figma launched publicly to all users, making real-time collaborative interface design available worldwide.
2018 — Reached 1 million users
The platform hit one million registered users, signaling mainstream adoption of cloud-based design tools.
2020 — Reached $2 billion valuation
Figma achieved a $2 billion valuation following rapid growth in remote design collaboration.
2022 — Adobe acquisition announced
Adobe announced plans to acquire Figma for $20 billion, marking a major consolidation in design software.
2025 — Went public on NYSE
Figma completed its initial public offering on the New York Stock Exchange as an independent design platform.
Episodes Featuring Figma
Founders Featured
Dylan Field
Dylan Field is the co-founder and CEO of Figma, the collaborative design platform that changed how teams build software. He founded Figma in 2012 after winning a Thiel Fellowship and launched the browser-based tool in 2016. Under his leadership, Figma reached a $20 billion valuation and went public in 2025.
1 episode
Evan Wallace
Evan Wallace is the co-founder and former CTO of Figma, the collaborative design platform. He studied computer science at Brown University, where he met Dylan Field and built the rendering engine and multiplayer collaboration service that became Figma's foundation. Wallace left Figma in 2021 to pursue open-source projects.
1 episode