Figma goes public with a bang! IPO raises $1.22 billion in the US; shares debut at $33 each. Here’s what you need to know.

Figma Inc., that big name in design software, finally hit the NYSE on Thursday, July 31, 2025. It’s a huge deal for the stock market. The company successfully raised $1.22 billion through its initial public offering (IPO), with its Figma shares listed at $33 apiece, securing a robust valuation of approximately $19.34 billion.

A Closer Look at the Figma IPO

 Reuters says the Figma IPO was a hit, with investors lining up to buy shares way more than expected, showing there’s a lot of interest in the market The IPO was backed by big-name venture capital firms like Index Ventures, Greylock Partners, and Kleiner Perkins, and each of them sold 36.9 million shares. The IPO kicked off with a price range of $30–$32 per share, but the buzz from investors pushed the price up to $33, beating what everyone thought it would be. Figma’s stock, “FIG,” is now officially part of the cool, high-performing US stocks club.

What Does Figma Do?

Founded to streamline design collaboration, Figma Inc. offers browser-based and mobile-accessible tools that empower designers, developers, and teams to collaborate in real-time. This platform’s totally a game-changer for UI/UX folks, it’s super adaptable and can handle the needs of solo designers and big companies alike. The company’s way of setting prices is all about how much you use and what kind of account you have, making sure there’s something for every business, no matter how big or small.

Tech-Driven Innovation: AI and ‘Dev Mode’

 In 2025, Figma dropped this cool AI tool called “Figma Make” that lets you turn text into working prototypes super fast, making the whole design-to-build process way quicker. Also, Figma came out with this new thing called ‘Dev Mode’ which is all about making it easier for designers and developers to work together and get stuff done faster.These new developments really cement Figma’s role as a trendsetter in the design software world, using AI to push the envelope.

Why the Figma IPO Matters

 This IPO is the first big one since SailPoint Inc. back in February 2025, showing that the US IPO scene is bouncing back after some ups and downs. Bloomberg Intelligence says Figma’s super high profit margin (92%) is way above what you’d see in other software companies, which means they’re in a solid spot financially and can invest in cool stuff down the line.

What’s Next for Figma Stock?

 With more folks getting into cloud design and teamwork tools, Figma stock’s looking like a hot pick for long-term investors and tech fans. Figma’s big IPO launch might be just the start of its big time run on Wall Street, with new stuff coming out and smart moves planned.