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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.

Software / Design Technology
1 Episode

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

đź“… Founded 2012
📍 San Francisco, California, USA
👥 1,001-5,000
đź’° ~$1B+ (pre-IPO)

Platform

Figma

Collaborative interface design tool that brings teams together to design, prototype, and build products faster — all in one shared canvas.

Real-time collaborative design on a shared canvas
Prototyping and interactive mockups
Developer handoff with Dev Mode
AI-powered design assistance
Design systems and component libraries
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Company Timeline

  • 2012 — Figma founded by Dylan Field and Evan Wallace

  • 2012 — Awarded Thiel Fellowship to Dylan Field

  • 2015 — Figma launched private beta

  • 2016 — Figma launched to the public

  • 2018 — Reached 1 million users

  • 2020 — Reached $2 billion valuation

  • 2022 — Adobe announced acquisition for $20 billion

  • 2025 — Figma went public on NYSE

Episodes Featuring Figma

Founders Featured