
A leading collaborative web-based design platform enabling real-time interface development for design teams.
Figma, Inc. offers a web-based interface design tool that allows individuals and teams to design, prototype, and gather feedback all in one place. Figma removes the obstacles inherent to working with desktop-based or file-based software, enabling live collaboration regardless of location. Its product is widely adopted among designers, developers, and product teams for UI/UX design, prototyping, and version control.
competitors.competitorDetail.metrics.missionStatement
To make design accessible to everyone and enable teams to build better products, faster.
competitors.competitorDetail.metrics.visionStatement
To empower creativity through open and accessible design, fostering innovation and collaboration for everyone.
competitors.competitorDetail.metrics.foundedYear
2012
competitors.competitorDetail.metrics.ceo
Dylan Field
competitors.competitorDetail.metrics.employees
1001-1500
competitors.competitorDetail.metrics.revenue
$200M+
competitors.competitorDetail.metrics.headquarters
760 Market St, Floor 10, San Francisco, CA 94102
competitors.competitorDetail.metrics.marketShare
Significant share of collaborative design tools market; widely used among product and UX teams worldwide
competitors.competitorDetail.metrics.usp
Real-time, web-based collaborative design with seamless handoff for modern teams.
competitors.competitorDetail.metrics.pricingModel
Freemium (free plan available), subscription tiers for Professional, Organization, and Enterprise
- Figma Design
- Figma FigJam (whiteboarding)
- Figma Community
- Figma Enterprise
- WebAssembly
- React
- TypeScript
- AWS
- Electron (for desktop app)
- C++ (performance-critical aspects)
competitors.competitorDetail.metrics.marketPositioning
Premium SaaS platform for collaborative design, targeting both SMB and enterprise.
- Startup design teams
- Large enterprise UX teams
- Educational institutions
- Independent designers
- Direct SaaS subscriptions
- Enterprise sales
- Partner integrations
- Community events
- Design system workshops
- Content marketing (blog, tutorials)
- Partnerships with educational and tech communities
- Social sharing integrations
- Microsoft Teams (Integration)
- Slack (Integration)
- Google (Cloud/Integration)
- Live multi-user collaboration
- Version history and branching
- Prototyping and interactive design
- Plugin support
- Design system management
- Seamless real-time collaboration
- Cloud-native accessibility
- Strong plugin ecosystem
- Intuitive interface for designers and teams
- Requires internet connectivity
- Limited offline features
- Some advanced prototyping features lag behind competition
- Growing demand for distributed product teams
- Increasing adoption in the enterprise segment
- Expanded integrations with popular workflow tools
- Competition from Adobe XD and Sketch
- Potential platform dependency risk
- Rapid changes in design technology requirements
competitors.competitorDetail.metrics.growthRateYOY
80% (as of 2022)
competitors.competitorDetail.metrics.profitMargin
Not publicly disclosed; strong gross margins as SaaS
competitors.competitorDetail.metrics.customerAcquisitionCost
$350 - $500 per paying team
competitors.competitorDetail.metrics.customerLifetimeValue
$2,800 - $5,000
competitors.competitorDetail.metrics.churnRate
1.6% monthly
competitors.competitorDetail.metrics.fundingStage | competitors.competitorDetail.metrics.fundingAmount | competitors.competitorDetail.metrics.fundingDate |
---|---|---|
Seed | $3.8M | 2013-06-01 |
Series A | $14M | 2015-12-01 |
Series B | $25M | 2018-02-01 |
Series C | $50M | 2019-04-01 |
Series D | $200M | 2021-06-24 |
- Remote-friendly
- Open, design-first culture
- Creative collaboration
- Support for learning and growth
- Diversity and inclusion initiatives
- Forbes Cloud 100 (2022) - Forbes
- Fast Company Most Innovative Design Company (2021)
- TIME 100 Most Influential Companies (2022)
competitors.competitorDetail.news.title | competitors.competitorDetail.news.publishedOn | competitors.competitorDetail.news.readMore |
---|---|---|
Figma’s $20B Adobe Acquisition Blocked by Regulators | 2023-12-19 | The Verge |
Figma Launches Advanced Prototyping Features | 2023-04-12 | TechCrunch |