Is Figma Privately Owned?

Figma is an online design and collaboration platform designed to help teams create better designs faster. It is a cloud-based tool that allows designers to collaborate in real-time and share their work with anyone.

While Figma is a powerful tool, many people are curious about its ownership structure. So, is Figma privately owned?

The answer to this question is yes; Figma is privately owned. The company was founded in 2012 by Dylan Field and Evan Wallace, who had previously worked together at Autodesk.

Since then, the company has been funded by venture capital firms including Greylock Partners, Index Ventures, and Kleiner Perkins. Figma has raised over $142 million in funding from these firms as of April 2020.

Figma’s ownership structure remains the same as it has since its founding; Dylan Field and Evan Wallace are the primary owners of the company. The two co-founders maintain control over all major decisions within the company, along with their board of directors and investors.

Figma has made a name for itself as one of the most popular design tools on the market. The company’s success can be attributed to its easy-to-use interface and strong focus on collaboration between teams. With its strong ownership structure and successful track record so far, there’s no doubt that Figma will continue to be a popular tool for designers around the world.

Conclusion:

Yes, Figma is privately owned by its two co-founders Dylan Field and Evan Wallace along with their board of directors and investors. They maintain control over all major decisions within the company which has led to its successful track record so far.