Figma is looking to raise approximately $ 1 billion because it starts

Figma introduced the start of Enterprise Design design the next step from the public subscription trip.

Figma announced on Monday as well The launch of the width of the road. The company plans to provide more than 36 million shares of category A, which is expected to range between $ 25 and 28 per share. This offer includes a mixture of primary and secondary stocks and will allow the company to raise about one billion dollars.

It is expected that the company will prosecut the public subscription in the week from July 28.

If the company makes its shares in the middle of its range, it will get a market value of 15.9 billion dollars, According to the Renaissance capital.

This evaluation is less than 20 billion dollars made by Adobe For Figma in September 2022, but more than the last special assessment of the company worth $ 12.5 billion, according to Pitchbook data.

Figma Initially she presented her intention For public return in April.

The company was founded in 2012 by Dylan Field and Ivan Wallace. To date, more than $ 740 million of investment capital has been raised from companies, including Andressen Horowitz, General Catalyst, Sequoia and others.