Company profile: Figma
1.1 - Company Overview
Company description
- Provider of a collaborative design platform for teams to create, prototype, and test digital products. Offers Figma Design for brainstorming and building in one place, FigJam for online whiteboarding and alignment, Dev Mode to streamline design-to-development with inspection and code snippets, and Figma Slides for co-creating interactive presentations.
Products and services
- Dev Mode: Delivers workflow-centric developer tooling for inspecting designs and generating code snippets, streamlining design-to-development handoff and getting more eyes on work to ship better designs faster
- FigJam: Supplies an online whiteboard where teams brainstorm, align on decisions, and move work forward collaboratively, accelerating alignment and progress for distributed product teams
- Figma Design: Architects a collaborative single-platform design environment where teams brainstorm, design, prototype, and test digital products, consolidating tools to create and ship better designs faster across time zones
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Figma
Plexi
HQ: United States
Website
- Description: Provider of a design and animation tool for creating clickable prototypes without writing code.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Volerro
HQ: United States
Website
- Description: Provider of a secure, cloud-based application that simplifies how marketing teams create, refine, and distribute content, offering a highly visual, intuitive platform for interacting with documents, images, video, web pages, and other digital formats.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Ferpection
HQ: France
Website
- Description: Provider of website and mobile optimization services with a community of testers, offering UX research consulting, remote and in-person user testing (interviews, focus groups, surveys), UX audits, and mystery shopping to improve user experience. Testing follows a 3-stage process: defining tasks, exploring extensive UX reports, and submitting test reports, with a focus on inclusivity and accessibility through UX for Good.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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dscout
HQ: United States
Website
- Description: Provider of remote experience research technology, with tools and services to recruit participants, run moderated and unmoderated methodologies, accelerate analysis, and create media-rich research deliverables. Products include Recruit for participant sourcing, Express for fast usability testing and media-rich surveys, Live for interviews with transcription, scheduling and note taking, and Diary for capturing real-world experiences over time.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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4Projects
HQ: United Kingdom
Website
- Description: Provider of on-demand SaaS collaboration software that improves project management by enabling online collaboration, document control, and information management. Offers a comprehensive toolset for teams and individuals to share information and documentation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Figma
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Figma
2.2 - Growth funds investing in similar companies to Figma
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4 - Top valuation comps for Figma
4.2 - Public trading comparable groups for Figma
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