Star startup company in the field of enterprise design, Figma, has taken a key step towards its initial public offering (IPO). The company announced on Monday that it has launched its IPO roadshow, planning to issue more than 36 million Class A shares, with an expected price range of $25 to $28 per share. This offering includes both primary and secondary market shares, and is expected to raise about $1 billion for the company.

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Figma expects to finalize its IPO pricing during the week of July 28. According to Renaissance Capital analysis, if the offering price is at the midpoint of the expected range, Figma's market value could reach $15.9 billion.

This valuation, although lower than Adobe's $2 billion acquisition offer in September 2022 (which was later canceled due to regulatory resistance), is significantly higher than Figma's previous private valuation of $12.5 billion, indicating that the market still holds positive expectations for its future growth potential.

Figma was co-founded by Dylan Field and Evan Wallace in 2012. Since its inception, the company has raised over $740 million from well-known venture capital firms including Andreessen Horowitz, General Catalyst, and Sequoia Capital. Figma initially filed for an IPO in April this year, and now officially entering the IPO roadshow phase marks the final stage of its capitalization process.