Figma IPO starts trading on NYSE after IPO — Figma’s debut as a publicly‑traded company has turned heads across the tech and investor world. On July 31, 2025, the collaborative design platform began trading on the New York Stock Exchange under ticker FIG, marking one of the most dramatic IPO events of the year.
Figma IPO starts trading on NYSE after IPO – what happened?
At the outset, investors received the news that Figma officially priced its IPO at $33 per share, above its revised range of $30–$32, raising $1.2 billion and valuing the company at roughly $19.3 billion. Shares began trading on the NYSE on Thursday, July 31, 2025, and investor appetite sent FIG soaring in its debut.
Background: From near‑acquisition to public debut
Figma, founded in 2012 by Dylan Field and Evan Wallace, has become a leader in collaborative layout equipment for UI/UX and product teams. In 2022, Adobe agreed to acquire Figma for $20 billion; however, regulators blocked the merger, and Figma acquired a $1 billion breakup charge in 2023. Unfazed, Figma pushed forward, growing global offices and expanding product lines ahead of its IPO.
Strong fundamentals fuel momentum
In the quarter ended June 2025, Figma earned between $247 million and $250 million in revenue, representing 40% year‑over‑year growth. For Q1, revenue rose 46% to $228.2 million and net income tripled to $44.9 million, signaling strong momentum ahead of the public offering.
IPO day fireworks: shares explode on opening day
When FIG opened for trading at approximately $85, the market erupted, valuing the company at around $50 billion shortly after the open. By midday, the stock climbed to over $109, and closed near $115.50—a 158% to over 250% gain from the IPO price, depending on the source, with valuations peaking between $57 and $70 billion.
Leadership, ownership, and financial windfalls
CEO Dylan Field, who holds a majority stake and voting control, stands to earn billions through stock-based incentive awards, tied to Figma hitting share price milestones up to $130 per share. Early investors like Index Ventures, Greylock, Kleiner Perkins, and Sequoia Capital saw their holdings multiply, some worth over $6–7 billion post‑IPO. Meanwhile, the Marin Community Foundation, which received shares as a gift from co‑founder Evan Wallace, sold 13.4 million shares during the IPO and netted around $440 million, marking a notable philanthropic windfall.
The broader tech IPO resurgence
Figma joined a wave of 2025 tech listings that had already seen companies like Circle, CoreWeave, Chime, Hinge Health, and Omada Health debut in public markets. Its successful debut may signal renewed investor appetite for high‑growth, AI‑powered SaaS firms.
Indeed, analysts called FIG’s market launch a strong bellwether for the broader IPO market, which had been stagnant amid economic and regulatory headwinds.
Why the market responded so strongly
Market confidence appears tied to Figma’s robust growth metrics, widespread adoption across 95%+ of Fortune 500 companies, its new AI‑powered products, and investor anticipation of future expansion into design automation and web publishing tools like Figma Sites, Figma Make, Draw, Buzz, and Slides, launched at its May 2025 Config conference.
Conclusion
The Figma IPO starts trading on the NYSE after the IPO marks a major milestone—not only for Figma’s evolution from startup to public powerhouse, but also for the broader return of energy to the tech IPO landscape in 2025. With strong growth, massive investor demand, and innovative AI‑driven tools, Figma’s debut will be studied as a benchmark of timing, execution, and market sentiment.
