# Figma ARR at $700M

On 2024/7/18, Bloomberg reported that Figma, a US collaborative design platform, disclosed annual recurring revenue exceeding USD 700 million at a valuation of USD 12.5 billion, supported by investors including Coatue, Alkeon, and General Catalyst. ARR had grown substantially from approximately USD 400 million at the end of 2022 and was expected to exceed USD 1 billion the following year.



Canonical: https://uniquebase.ai/news/96f392d2-a210-4f12-99fd-101ab8e31565
Stable identifier: 96f392d2-a210-4f12-99fd-101ab8e31565
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:21:37.651Z

## Connected profiles

- [Figma](/companies/figma)

## Sources

- https://www.bloomberg.com/news/articles/2024-07-17/coatue-general-catalyst-back-figma-at-12-5-billion-valuation