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Fortune
Fortune
Allie Garfinkle

Figma, software unicorn, confidentially files for an IPO despite Wall Street turbulence

(Credit: David Paul Morris—Getty Images)

Figma, the design software unicorn, has confidentially filed for an initial public offering more than a year after a $20 billion acquisition bid by Adobe fell apart due to antitrust concerns.  

The filing signals some optimism for public debuts despite the current market turmoil set off by President Trump’s push to implement tariffs. The uncertainty has rattled investors and sown doubts about the near-term viability of many IPOs. 

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