What does the company FIGMA do?

FIGMA provides design and collaboration software for digital applications. The company's primary offerings include:

1. **FigJam**: A collaborative interface design tool that allows teams to create and share designs in real-time.
2. **Figma Slides**: A presentation design tool that enables users to create and edit presentations collaboratively.
3. **Figma Design**: A design tool that provides a range of features for designing digital products.
4. **Dev Mode**: A feature that allows developers to integrate Figma design files into their workflows.
5. **Figma Sites**: A tool that enables users to create and manage websites using Figma designs.
6. **Figma Buzz**: A feature that provides real-time feedback and commenting system for Figma designs.

FIGMA has booked a fair market value investment of $1.5 billion as of March 31, 2025 from investors, including Index Ventures, Greylock Partners, KPCB (FKA Kleiner Perkins) and Sequoia Capital. The company had entered into an agreement to be acquired by Adobe (ADBE) at a valuation of around $20 billion in 2022, but, due to regulatory concerns in the UK and the EU, the combination was terminated in 2023 and Figma received a $1 billion acquisition failure fee from Adobe.

FIGMA is seeking public investment to pay down debt and for its growth plans. The company's financials have produced strong topline revenue growth, growing gross profit and variable gross margin and a swing to opera...