Is Figma Making Money?

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2. Is Figma Making Money?

Figma is a collaborative interface design tool. It is the first interface design tool with real-time collaboration. Figma’s online editor is available for Windows, macOS, and Linux. The company was founded in 2012 by Dylan Field and Evan Wallace.In 2015, Figma raised $14 million in Series A funding from Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Index Ventures, and angel investors including Max Levchin, Nat Friedman, and Joshua Schachter. In 2017, Figma raised $25 million in Series B funding from Sequoia Capital, with participation from Kleiner Perkins and Andreessen Horowitz. In 2019, Figma announced $40 million in Series C funding led by Sequoia Capital, with participation from Andreessen Horowitz, Kleiner Perkins, Index Ventures, Threshold Ventures (formerly DFJ Growth), and Shape Ventures.

So is Figma making money?

The simple answer is yes – Figma is a profitable company. But it’s important to understand how Figma makes money, and how that might change in the future.

Figma has two main revenue streams:

• Subscriptions
• Enterprise licenses

Figma’s subscription plans start at $12 per month for individuals and go up to $45 per month for teams of five or more people. Enterprise licenses are customized based on the size and needs of the organization.

How Figma Makes Money: Subscriptions

Figma’s subscription plans are its primary source of revenue. The company offers three different plans for individuals and teams:

• Free plan: Includes three projects and up to two editors per project.

• Pro plan:: Includes unlimited projects and up to 10 editors per project.

• : Includes unlimited projects and an unlimited number of editors per project.

Is Figma Making Money? - Conclusion

Yes - Figma is a profitable company that makes money through subscriptions and enterprise licenses.