Figma, ignores fear, submits IPO documents

Starting Figma Design Software declared Tuesday, she has filed her confidential IPO documentation. We will not know any more until this documentation becomes public, which will be the best scenario in about a month.

However, with the stock market in GroundHog mode – seeing a shadow with each new Guide of Commercial Policy and Trump Administration Tariffs – the pursuit of IPO at the moment, even at a research level, is surprising. Clan and stubhubThe two potentially blockbastery technological IPOs that ran last month, and they both pressed the pause button in early April after the stock exchange collapsed on Tariff News. They have not yet been rescheduled.

While Figma works on IPO, this does not mean that it will continue in the usual timeline, which is often 4 to 6 weeks after receiving confidential documents.

Figma, which makes software for collaboration and web applications for designers, was the last worth $ 12.5 billion in May After completing a tender offer, which allowed existing shareholders to win some of their share. Adobe tried to buy Figma for $ 20 billion, but this deal fell in 2023 After a regulatory retreat against the deal in Europe and the United States.

The company is supported by risky companies such as Sequoia Capital, Index Ventures, Greylock and Kleiner Perkins, who have investors sitting on its board and a long list of others, including Andreessen Horowitz and IVP.

Figma declined further comment.