IPO Report
Figma sets terms in its upcoming initial public offering, and co-founder Dylan Field is selling shares to raise more than $60 million
Last Updated: July 21, 2025 at 12:34 p.m. ET
First Published: July 21, 2025 at 10:50 a.m. ET
San Francisco-based design and product development software company Figma Inc. has detailed the expected terms of a rather large initial public offering from the technology sector, with plans to raise nearly $1 billion.
Figma’s stock-market debut comes after a string of successful IPOs this year, including Circle Internet Group Inc. CRCL, CoreWeave Inc. CRWV and Chime Financial Inc. CHYM, as the new issues market warms up to companies that have been waiting to go public for years and have been able to grow to a significant size by tapping private-market capital.
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