Figma, a privately owned company founded in 2012 and headquartered in the US, employs approximately 1290 people. Its primary offering is a design platform intended to facilitate collaborative product development. The web-based platform supports the entire design process, from initial creation and sharing to testing and final product release, aiming to streamline workflows and improve team collaboration across geographical locations.
On September 16, 2025, Cordial expanded its Foundry innovation program, introducing tools that allow AI to manage asset selection, brand rule application, and campaign deployment. Figma's stock (NYSE: FIG) was discussed by Jim Cramer, who commented on its valuation and its cloud-based design platform for team collaboration on interface design, prototyping, and product development. Figma's initial public offering occurred during a period of strong activity in the IPO market for technology and cryptocurrency companies. The company's 2015 launch of Figma Design utilized WebGL, a browser graphics API, to create a browser-based design tool with an infinite canvas, a novel approach at the time.
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