The Newsroom
Funding·October 21, 2026 at 8:00 AM EDT·1 source

Figma has raised fresh funding at a valuation of $10 billion, quintupling its price tag since last year.

FIG +2.2%
FIG · last 30 trading days+8.5% since the news
News
raise, log scale$10B
$100M$1B$10B$100B

What happened

  • Figma raised new private capital at a $10 billion valuation.
  • The funding round quintupled Figma’s valuation since last year.
  • The raise highlights continued sponsor and late-stage investor appetite for scaled design-software assets.
Valuation
$10 billion
Change since last year
quintupling

Why it matters

The financing provides a valuation reference for private design-software assets and signals continued sponsor and late-stage investor interest in scaled technology companies.

Deal terms

raise
Figma
Value
$10B
Read more on YouBank

The Newsroom, ranked for your desk

About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.

Timeline

  1. EarlierOct 15
    Figma announces new features to define how agents work on its platform
  2. EarlierOct 20
    Figma co-founder Dylan Field thinks MCP is not a perfect protocol
  3. First reported by TechCrunchOct 21
    Figma has raised fresh funding at a valuation of $10 billion, quintupling its price tag since last year.

Sources (1)

  1. TechCrunchOct 21
    Figma has raised fresh funding at a valuation of $10 billion, quintupling its price tag since last year.

Related

Read more on YouBank

The Newsroom, ranked for your desk

About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.

  • Why it matters to youEvery story matched to your watchlist, your contacts and your pipeline.
  • Follow developing storiesAn alert, and a push, the moment a story you follow moves.
  • Your briefing, read aloudA few minutes each morning with a chapter per story.
  • Brief modeSwipe through the day, a 20-second card each.