Figma Inc.’s initial public offering is one of the most talked-about IPOs in tech this year, and it’s happening today. A few people stand to make a lot of money—including cofounder and CEO Dylan Field, as well as a number of big venture capital investors.
Figma, a collaborative design software platform, provides a suite of online design tools for designers to craft user interfaces (UIs) for websites and apps, which are popular with Fortune 500 companies. The tools are used by a host of businesses, from Microsoft to Zoom.
Here’s a look at how much some of the principal players could take home as the company IPOs on Thursday.
First, how is the Figma IPO going?
On Wednesday, Figma Inc. priced the IPO at $33 a share. On Thursday, shares opened at almost triple their initial public offering price, at $85, on the New York Stock Exchange (NYSE: FIG), which valued the company at about $50 billion. That valuation greatly exceeds a previous $20 billion buyout attempt from Adobe that fell apart in 2023. Trading was halted after shares quickly rose above $112.
Figma IPO payout: Field, Wallace biggest winners
One of the biggest winners of this listing is Figma’s cofounder, 33-year-old Dylan Field, who is now worth an estimated $1.8 billion. But as Forbes noted, this could be just the beginning of his payout; he could get another $1.3 billion in stock if the stock hits $130 per share.
Based on the IPO price, Field’s cofounder Evan Wallace would be worth an estimated $1.3 billion—but he donated a third of his shares to the anti-homeless nonprofit Marin Community Foundation, per Axios. (Wallace left Figma in 2021.)
Index Ventures, Greylock Partners, Kleiner Perkins sell shares
The IPO enables existing shareholders to sell more shares than expected at a higher ratio, and Figma’s biggest venture investors are cashing in.
Bloomberg reported the company sold 12.47 million shares in the IPO, while investors including Index Ventures, Greylock Partners, and Kleiner Perkins sold 24.46 million shares at a market value of $16.1 billion, based on the outstanding shares listed in its filings. With employee stock options and restricted stock units, the company has a fully diluted value of about $18.5 billion.
According to the Venture Capital Journal, the biggest winner here would be Index Ventures, which holds 62.57 million shares—which, at the opening price of $85, are worth $5.3 billion. The Journal reported that in all, the VCs stand to make more than $6 billion even at conservative estimates.
Figma by the numbers
As Fast Company previously reported, Figma reported $228.2 million in revenue for the first three months of 2025, according to its SEC filings. The company reported $749 million in revenue in 2024, an increase of 48% year over year. The design software maker has 13 million monthly active users.
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