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The Internet Compass

Public · Founded 2012

Figma

Browser-native collaborative design platform and the de facto standard for product teams.

San Francisco1,600 employeesCEO Dylan Fieldfigma.com

Overview

Figma turned interface design into a multiplayer, browser-based activity and captured the category almost entirely. Its expansion into whiteboarding, slides and design-to-code is a defence of the surrounding workflow rather than the canvas itself.

Key metrics

ARR
$1.05B
Net revenue retention
132%
Customers > $100k
1,180
Weekly active editors
6.4M

Products

Timeline

  1. 2016

    Public launch

    Shipped after four years of development on browser rendering.

  2. 2021

    FigJam

    Entered whiteboarding, directly contesting Miro.

  3. 2023

    Adobe deal terminated

    $20B acquisition abandoned under regulatory pressure; $1B break fee paid.

  4. 2025

    IPO

    Listed publicly after the failed acquisition reset its independent roadmap.

  5. 2026

    Design-to-code

    Production code generation moved from beta to a paid enterprise tier.

Compensation at Figma

Reported median total compensation by role.