Cooperating design startup Pink According to the regulatory application, he raised the expected price range of shares in its planned initial public offer on July 31.
On July 21, the company with its registered office in San Francisco set a range from USD 25 to twenty-eight. On Monday, Figma revealed that he expected the shares to be trading for 30 to 32 USD each. This signifies that now he is expecting to boost around $ 1.2 billion on offer, as a substitute of $ 1 billion.
In addition, it values the company from 17.6 billion to $ 18.8 billion on a fully diluted basis. Figma plans to trade New York Stock Exchange Under the symbol of the tixor fig.
Founded in 2012, Figma has collected about $ 1.4 billion from investors, including who’s who of silicon valley: Sequoia capital, Andreessen HorowitzIN Graylock AND Small everlastingby Crunchbase.
In September 2022, Adobe He announced that he agreed to purchase Figima for $ 20 billion in money and actions in the proposed transaction. But by December 2023, Adobe dismissed the transaction after throwing the antitrust organs in Great Britain and the European Union. The purchase can be among the biggest takeover of the startup supported in recent years.
After the collapse of this agreement, Figma collected greater capital than investors.
Figma in July 2024 collected $ 700 million in a secondary market transaction This valued the company for $ 18.8 billion. General catalystIN Coat AND Capital alkeon Financing cooperated.
When submitting it S-1Figma revealed its funds for the first time. The company reported revenues of USD 228 million for the first quarter of 2025, furthermore by 46% 12 months on 12 months. He turned to profitability at the end of 2024. After a one -off cost of compensation for employees, they led to an operating lack of USD 894 million.