Figma Hits $45B Valuation in Successful IPO led by CEO Dylan Field
Friday, August 1, 2025 ยท
by Jamal Brooks
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Figma, a design and collaboration software firm, saw a successful IPO with shares closing at over $117 on its first day of trading, exceeding expectations. The company, now valued at over $45 billion, raised roughly $1.2 billion in the sale of 36.94 million shares.
Figma's CEO, Dylan Field, leads the company through a strong IPO market in 2025, following the company's decision to abandon a $20 billion sale to Adobe due to anti-competition concerns. With a revenue growth of 46% year over year and a wide user base in Forbes 2000 companies, Figma's success mirrors that of other tech darlings like Circle, indicating a positive trend in the IPO market and dealmaking atmosphere on Wall Street.
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Written by Jamal Brooks