Figma aims for a valuation of $16.4 billion in its upcoming IPO, offering approximately 37 million shares priced between $25 and $28. This could yield up to $1 billion, increasing its valuation between $14.6 billion and $16.4 billion. It has 13 million active users and boasts that 95% of the Fortune 500 utilizes its products, indicating strong market presence. Figma reported $749 million in revenue last year, a 48% increase year-over-year. Its IPO follows several other recent tech listings and is expected to bring significant investor interest.
Figma is targeting a valuation of $16.4 billion in its upcoming initial public offering, planning to sell around 37 million shares priced between $25 and $28 each.
Figma has 13 million active users and its products are used by 95% of the Fortune 500, showcasing significant market adoption and user engagement.
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