Figure files for IPO about 20 billion dollars fell after $ 20 billion

When documentation was carried out to the public on the New York-Exchange on Tuesday, the company put the first stage from the most expected iPOs of Figma 2025 on a street for the public.

A San Francisco based company, which will trade under the “Figure” ticker, does not expect to increase in the assessments that offer or seek. But its Giving S-1 The market for an enterprise-supported iPos is a while, it comes at a time when it looks better than meteoric debits AI infrastructure company Coreweave (290% of IPO price) to the blast victory Stablecoin Firm Circle (519%).

Figma can be the main question for enterprise investors and employees as capitalizing capital to capital for new issuers. $ 20 billion evaluation this Adobe According to the shortcoming regulation, especially in connection with a tender proposal in the UK, Figma made some shares of employees last year, preparing to pay for this at $ 12.5 billion worth $ 12.5 billion.

As a little chomp for a walk to the AI ​​wave, investors should do the work that Figma can join the power of a generative AI to start its sacrifice.

“We are already investing in AI and plan to fall twice in this area CEO and Cofounder Dylan area Wrote to an “investors” that includes the avenue. “It will be our drag in our efficiency for several years, but the AI ​​design is the basis for how to progress workflows.”

To judge the S-1 documents, the design company grows firmly in the business. In the 2025-Q1, Figman’s revenues increased by 46% to $ 228.2 million in G1 in 2024 to $ 228.2 million. In the same way, in 2025, Figman’s net income was $ 44.8 million in $ 13.5 million in the Q1 last year. Figma in 2024, Figma, an anomalous product of the Fallout of Adobe deals, more than $ 700 million net loss.

Figman, who has more than $ 10,000 customers, which is more than $ 10,000, which is more than $ 10,000, which is more than $ 10,000, which is more than $ 10,000, which is more than $ 10,000. In 2024, Figma’s total revenues show $ 749 million, more than 48%, and the avenue.

Figma was founded by Dylan Area and Evan Wallace, who met as students at Brown University in 2012. And the company, in 2013, 2013 in 2013, 2018 Series A, Series A, Series, Serkins, 2018 Serkins, LEDs of 2018 series LEDs A, Sequoia Cleessen C and Andreessen Horowitz.

Figman’s growth plans include growing plans, the customer base and expanding international prints – more than half of the company’s income already comes from outside the United States. Procurement Figman will be the key to the near future, “When we see a chance to invest in our platforms or to follow the M & A,” wait for us about the great swings. “The company’s CVC arm, Figma Ventues and 18 investments so far are also screaming in documents.

As well as in the form of a true silicon valley, and in most cases, the s-1, according to S-1, will keep most of the company’s control over the special class of S-1. Currently, the area has entrusted 75.3% voting capacity, including inhermoner Evan Wallace, although the proposal to give after the proposal did not show what will happen after the accurate distribution of.

On the avenue, the area, “many amazing companies”, the value of liquidity, brand consciousness and capital markets is in a period of time in a longer term, he said the public community said. Added: “More importantly, I like our best way to figma and the best way to be in public markets.”