Figma ignores the fear, files paperwork for an IPO

Design software startup Figma Declaration On Tuesday it filed his confidential papers for an IPO. Until that papers are released, we will not know more, which will be the best situation in about a month.

However, with the stock market in Groundhog mode – the Trump administration’s trade policy and the shadow of each new gairation of the tariff – now surprise to follow an IPO, even in the search stage. Clarana and StubhabLast month, two potential blockbuster Tech IPOs that were giggling, both hit the break button after the tariff News collapsed in the stock market early April. They have not yet been rescheduled.

When Figma is working on an IPO, it does not mean that it will move forward in the general timeline, which is often after four to six weeks after receiving the confidential papers.

Figma, which creates associate software and web app for designers, was the end of it 12.5 billion dollars in May After 2024 this is after completing a tender offer that allows existing shareholders to cash some parts of them. Adobe tried to buy Figma for $ 20 billion, but in 2023 it falls into this agreement After the regulatory pushback against the agreement In Europe and the United States.

The company is supported by Venture Farms Sikoiya Capital, Index Ventures, Grailk and Clainer Parkins, whose investors are sitting on its board, as well as a long list of Andresen Harovits and other decorations including IVP.

Figma rejects further comments.