Singular has raised $50.0M across 3 funding rounds.
Key people at Singular.
Singular has raised $50.0M in total across 3 funding rounds.
Singular has raised $50.0M in total across 3 funding rounds.
Singular's investors include Accomplice VC, Andreessen Horowitz, Battery Ventures, Founders Circle Capital, FTX Ventures, Norwest Venture Partners, Telstra Ventures, Two Bear Capital, Wing Venture Capital, WndrCo LLC, Marc Lasry, Comcast Ventures.
Key people at Singular.
Figma is a cloud-based collaborative design platform primarily used for user interface (UI) and user experience (UX) design. It enables real-time collaboration on design, prototyping, and developer handoff, accessible via web browsers and desktop apps across multiple operating systems. Figma serves a broad range of users including designers, product managers, developers, and marketers, helping teams create, iterate, and ship digital products faster and more cohesively. Its product suite includes Figma Design, FigJam (a whiteboarding tool), Dev Mode, and other tools that support the entire product development lifecycle. Figma has become a dominant player in the design collaboration market, with over 13 million users globally and a market share exceeding 40% among design collaboration tools[1][2][3].
Figma was founded in 2012 by Dylan Field and Evan Wallace while they were computer science students at Brown University. The idea emerged from their desire to create accessible, browser-based creative tools that enable anyone to be creative online. Initially experimenting with various concepts, they settled on a web-based graphics editor focused on UI design with real-time collaboration. Early traction came from a passionate community of designers who advocated for the product, leading to steady growth and enterprise adoption. Kleiner Perkins led Figma’s Series B round in 2017, recognizing its potential to reshape digital product design. Since then, Figma has evolved from a simple browser-based design tool into a comprehensive platform connecting millions of users across disciplines[2][4].
Figma rides the wave of increasing demand for remote and hybrid work collaboration tools, especially in product development and design. Its timing was critical as teams sought cloud-native, real-time collaboration solutions to replace siloed, desktop-bound software. Market forces such as the growth of digital products, the need for cross-functional teamwork, and the rise of product-led growth models favor Figma’s approach. By uniting designers, developers, and stakeholders on a single platform, Figma influences how digital products are conceived, iterated, and delivered globally, becoming a connective tissue in the tech ecosystem[1][2][4].
Figma’s future likely involves deeper integration of AI-powered features (evidenced by its acquisition of AI startup Weavy and the launch of AI tools like Figma Make) to accelerate design-to-code workflows and creative processes. As digital product complexity grows, Figma’s platform approach and community-driven innovation position it to expand its influence beyond design into broader product development and creative collaboration. Trends such as AI augmentation, increased demand for scalable design systems, and cross-disciplinary collaboration will shape its trajectory. Figma is poised to remain a foundational tool in the evolving landscape of digital creation, continuing to transform how teams build meaningful products[1][4].
Singular has raised $50.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in September 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2018 | $30.0M Series B | Accomplice VC, Andreessen Horowitz, Battery Ventures, Founders Circle Capital, FTX Ventures, Norwest Venture Partners, Telstra Ventures, Two Bear Capital, Wing Venture Capital, WndrCo LLC, Marc Lasry | |
| Nov 1, 2016 | $15.0M Series A | Accomplice VC, Andreessen Horowitz, Battery Ventures, Comcast Ventures, Cowboy Ventures, Defy Partners, Founders Circle Capital, FTX Ventures, Telstra Ventures, Two Bear Capital, Wing Venture Capital, WndrCo LLC, Marc Lasry | |
| Jul 1, 2014 | $5.0M Seed | Comcast Ventures, Cowboy Ventures, Defy Partners |
