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Figma raises $25MM Series B | Figma Blog (opens in new tab)

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Figma announced a $25 million Series B funding round led by Kleiner Perkins partner Mamoon Hamid. Existing investors from Index, Greylock, and LinkedIn also participated. The funding supports Figma’s broader vision of making design accessible, collaborative, and web-based rather than limited by siloed tools and workflows.

Series B Funding

  • The round was led by Kleiner Perkins’ Mamoon Hamid.
  • Hamid’s previous investments included SaaS companies such as Slack, Box, and Intercom.
  • Existing investors Danny Rimer of Index, John Lilly of Greylock, and LinkedIn co-founder Jeff Weiner joined the round.
  • This was Hamid’s first investment at Kleiner Perkins.

Figma’s Founding Vision

  • Figma was founded five years earlier by Dylan Field and Evan Wallace.
  • The founders believed creative tools should empower users rather than constrain them.
  • Their goal was to make creation:
    • Accessible to more people
    • Collaborative instead of siloed
    • Built for the web
  • The company emerged from experimentation with browser-based design tools, supported initially by a Thiel Fellowship.

Adopting a New Way of Working

  • Figma acknowledged that changing established design workflows is difficult and takes time.
  • The company credited its users, employees, and early investors for supporting its vision during that transition.
  • The funding announcement represented both financial growth and continued validation of collaborative, web-based design.

Figma intended to use the momentum from its Series B to continue developing tools that make design more open, collaborative, and accessible across teams.