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Figma's Series E | Figma Blog (opens in new tab)

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Figma announced its Series E funding round in June 2021, led by Durable Capital Partners with participation from Morgan Stanley’s Counterpoint Global and earlier investors. The round valued the company at roughly $10 billion. CEO Dylan Field framed the funding as support for Figma’s broader mission: making design accessible, collaborative, and relevant to everyone involved in creating products.

Series E Funding

  • Durable Capital Partners led the new investment round.
  • New investors included Counterpoint Global, Morgan Stanley’s investment group.
  • Existing investors such as Index, Greylock, Kleiner Perkins, Sequoia, and Andreessen Horowitz also participated.
  • The announcement followed 16 months of disruption and remote work during the COVID-19 pandemic.

Figma’s Vision for Accessible Design

  • Figma aims to make design accessible to all, not only professional designers.
  • Its browser-based multiplayer model is intended to change how teams work and build products together.
  • The company plans to serve:
    • Expert designers with specialized tools
    • Engineers, product managers, and other product-development roles
    • Students and company executives
    • A broader community interested in creativity and visual collaboration
  • Field described a future with more products that help more people create and collaborate visually.

Appreciation for the Figma Community

  • Field credited Figma’s employees, users, and designer community for the company’s progress.
  • He emphasized the team’s shared experience of working, growing, and supporting one another during the pandemic.
  • The company presented the funding as both an opportunity and a responsibility to continue serving its community.

Figma’s Series E marked a major financial milestone, but the company positioned it primarily as fuel for expanding collaborative, design-first product development. Its recommendation to prospective employees was clear: join the company as it broadens design beyond traditional specialists.