Monashee Investment Management Buys $2.59M Stake in Figma

Hedge fund adds 50,000 shares of design software company in Q3

Mar. 3, 2026 at 12:23am by Ben Kaplan

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Monashee Investment Management LLC acquired a new $2.59 million position in Figma, Inc. (NYSE:FIG) during the third quarter, according to a recent SEC filing. The hedge fund purchased 50,000 shares of the design software company's stock.

Why it matters

Figma, a San Francisco-based startup, has become a leading collaborative design platform used by teams at major tech companies. This investment by Monashee suggests the hedge fund sees long-term growth potential in Figma as it continues to disrupt the design software market.

The details

According to the filing, Monashee Investment Management bought the 50,000 Figma shares, valued at approximately $2.59 million, during the third quarter of 2025. This represents a new position for the hedge fund in the design software company.

  • Monashee Investment Management acquired the Figma shares in Q3 2025.

The players

Monashee Investment Management LLC

A hedge fund that manages investments in various sectors, including technology.

Figma, Inc.

A San Francisco-based software company that offers a collaborative design platform used by teams at major tech companies.

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The takeaway

Figma's continued growth and disruption of the design software market has attracted the attention of major institutional investors like Monashee Investment Management. This investment suggests the hedge fund sees long-term potential in Figma's collaborative design platform as it gains traction with tech companies and creative teams.