Figma User Statistics & Revenue (2023)

Figma stats
Image Credit- iStockPhotos

The following Figma Statistics are enough to show every UI/UX designer out there why they need the Figma app. Looking to make more quality designs? Then read through.

Figma is an online application that provides user interface (UI) and user experience (UX) designing tools and features. Their app statistics show that UI/UX designers prefer to work with them when designing websites, logos, applications, and even posts for social media.

The Figma app comes with a lot of wonderful pre-packaged templates, icons, kits, and other elements that users can utilize in any of their designs.

Moreso, Figma is a collaborative platform, so they allow teams to work on a particular project just by sharing a link that every team member can access. This collaborative property alone is progress over previous applications for UI/UX designing.

It is also free to use. Figma is the only UI/UX designing program that runs on any operating system.  As long as that operating system can run a web browser, Figma can run on it. This is a feat that no previous UI/UX designer could achieve. So Figma can run on Mac OS, Windows, Linux, Android, iOS, and others. These features and more make Figma to be one of the fastest-growing apps in 2022.

Let’s now explore these important Figma statistics. 

Key Figma Statistics 

  • Figma is one of the fastest-growing apps in 2022 with year-over-year growth of 159%.
  • Figma was founded in 2012 by Dylan Field and Evan Wallace. 
  • The first version of Figma was launched in 2015.
  • Figma has over 4 million users
  • The United States is the highest contributor to Figma’s user base, contributing over 11% of Figma’s users.
  • Figma generates between $50 million and $75 million in revenue annually and has a valuation of $10 billion.

Who Founded Figma?

Dylan Field and Evan Wallace founded Figma Incorporated in late 2012. Figma’s headquarters is located in San Francisco, California, United States. 

Dylan and Evan began work on the app in 2012 after brainstorming ideas. It took them three years to come up with the closed beta version of Figma in 2015. During this period, they received a total funding of $18 million from investors. With time, more versions with better features and elements were released with each new version making improvements and eliminating the glitches of the former.

User Statistics

Analysis of Figma statistics by The Software Report puts the number of Figma users at over 4 million as of mid-2021. Figma, which was created in 2015, was just about six years old.

Also, UI/UX designers of some notable companies use Figma. These companies are Netflix, Dropbox, Twitter, News UK, Kimberly-Clark, Herman Miller, and others. Similarweb reveals that the Figma website had a total of about 52.9 million visits in May 2022. This was a 6.11% increase in the number of monthly visits from the previous month.

Growth Rate History 

Ever since its creation in 2015, Figma’s user base has grown steadily reaching over 4 million in 2021. Thousands of companies have also adopted Figma for their UI/UX designs.

Much of Figma’s success came from the uniqueness of the app and the unprecedented quality of services it offers.

App Downloads 

Figma records over 1 million downloads on the Google play store. Crunchbase further reveals that Figma has over 80,000 downloads monthly on Google Play with a monthly download growth of 16.46%

Figma App Rankings:

Figma received a 4.4 out of 5-star rating on the Google play store after over 8,000 reviews. It also has a 4.6 out of 5-star rating on the Apple app store

Saasworthy gives Figma a 4.4 out of 5-star rating after 1,224 reviews. G2 gives Figma a 4.6 out of 5-star rating after 604 reviews. 

Analysis of Figma statistics by Sensor Tower shows us the following:

  • Figma is currently the #88 top free app in the graphics & design category for iPhone users in the US.  
  • It is the #26 top free app in the graphics & design category for iPhone users in India. 
  • It is the #27 top free app in the graphics & design category for iPhone users in France.
  • It is the #61 top free app in the graphics & design category for iPhone users in the UK
  • It is the #61 top free app in the graphics & design category for iPhone users in Canada. 

Source: Sensor Tower 

Similarweb ranks Figma as the #22 in the computers electronics and technology category in the United States.

User Demographics:

Analysis of Figma statistics by Similarweb provides us with the following:

Traffic Sources by Country:

The percentage contribution of visitors by country to Figma.com is as follows:

  • United States: 11.83%
  • India: 6.62%
  • Russia: 4.95%
  • Brazil: 4.86%
  • Indonesia: 3.19%
  • Other countries: 68.55%

Source: Similarweb

Gender Distribution:

The percentage audience of Figma by gender is as follows:

  • Males: 66.11%
  • Females: 33.89%

Source: Similarweb. This analysis is based on users that visit through desktops.

Age Distribution:

The percentage use of Figma by age group:

Age group  Percentage use
18-24  23.11%
25-34  40.27%
35-44  19.43%
45-54  9.39%
55-64  5.06%
65+ 2.74%

Source: Similarweb. This analysis is based on users that visit through desktops. 

Traffic Sources by Device: 

  • 86.4% of users visit through desktops. 
  • 13.6% of users visit through mobile devices. 

Source: Semrush 

Figma Revenue Stats:

Here are are Figma revenue analysis:

  • Figma Incorporated generates an annual revenue estimated to be between $50 million and $75 million.
  • Much of this revenue is generated by customers’ subscriptions to different tier packages, among other services and products. 
  • Since it was founded, Figma has had a total of six funding rounds that raised about $333 million.
  • Notable investors include Tru Arrow Partners, Greylock, IVP, Sequoia Capital, Kleiner Perkins, Andreessen Horowitz, Counterpoint Global, and others.
  • Figma has a current valuation of $10 billion. 
  • Figma acquired Visly in early August 2021. This is the only acquisition that Figma Inc. has made.

Sources: Similarweb, Crunchbase 

Figma Management Team

Meet the executives behind Figma Incorporated.

  • Dylan Field. CEO/ Co-founder 
  • Evan Wallace. Chief Technology Officer/ Co-founder 
  • Sho Kuwamoto. Director of Product
  • Yuhki Yamashita. VP Product
  • Marie Szuts. VP People
  • Praveer Melwani. VP Finance & Business Operations 
  • Amanda Kleha. Chief Customer Officer
  • Jessica Alter. VP Business Development 

Source: Crunchbase

Conclusion 

Figma is every UI/UX designer’s first choice for designing applications, websites, logos, web posts, and such. It comes complete with all the tools and features needed and extra remarkable elements for premium packages. These among others make Figma rank as one of the fastest-growing apps in 2022.