Figma is a cloud-based, collaborative user interface design and prototyping tool. It has been designed to help companies create, edit, and share user interface designs quickly. With Figma, teams can work together in real-time to create high-fidelity prototypes for mobile and web applications.
Figma was founded in 2012 by Dylan Field and Evan Wallace.
It was initially released as an open beta in October 2013, and the platform officially launched in March 2014. Since then, it has rapidly gained traction among designers due to its powerful features and ease of use. Figma is currently used by some of the world’s leading companies such as Microsoft, Amazon, Uber, Airbnb, Dropbox, and Facebook.
Figma has been widely praised for its intuitive user interface. It offers a wide range of features such as vector editing tools, shared libraries of components, and integration with other popular tools like Slack or Google Drive. Additionally, Figma is available both on Windows and Mac devices.
The company has had tremendous success since its launch. In 2019 it raised $40 million in Series C funding led by Kleiner Perkins. In 2020 it raised $50 million Series D funding from Andreessen Horowitz at a reported valuation of $2 billion.
What Is Figma Worth?
Given its rapid growth since launch and the strong interest from venture capital firms, it is clear that Figma is highly valued by investors. The company’s current market valuation stands at an impressive $2 billion USD.
Figma has become an invaluable tool for modern product teams since its launch in 2014. Its intuitive design tools and collaborative features have made it a hit among users around the world. The company’s impressive growth trajectory has also caught the attention of venture capitalists who have invested millions into the platform at a reported valuation of $2 billion USD – making Figma one of the most valuable tech startups today.