Coatue Management Acquires Stake in Figma

Investment firm buys over 3.2 million shares of design software company

Mar. 15, 2026 at 10:49am by Ben Kaplan

Got story updates? Submit your updates here. ›

Coatue Management LLC, a prominent investment firm, has acquired a new stake in Figma, Inc. (NYSE:FIG), purchasing 3,232,969 shares of the design software company's stock in the third quarter. The purchase, valued at approximately $167.7 million, gives Coatue a 0.78% ownership stake in Figma.

Why it matters

This investment by Coatue, a well-respected technology-focused hedge fund, signals confidence in Figma's growth potential. As a leading collaborative design platform, Figma has seen strong adoption among designers and product teams, and this influx of capital could help fuel further product development and market expansion.

The details

According to a 13F filing with the Securities and Exchange Commission, Coatue Management purchased the 3.2 million Figma shares in the third quarter of 2025. This stake represents approximately 0.78% of Figma's total outstanding shares. The investment firm is now one of Figma's largest institutional shareholders.

  • Coatue Management acquired the Figma shares in the third quarter of 2025.

The players

Coatue Management LLC

A prominent investment management firm that focuses on technology and growth-oriented companies.

Figma, Inc.

A San Francisco-based software company that offers a web-based platform for interface design, prototyping, and collaboration.

Got photos? Submit your photos here. ›

The takeaway

Coatue Management's substantial investment in Figma underscores the design software company's strong market position and potential for continued growth in the collaborative design space. This influx of capital could enable Figma to further enhance its product offerings and expand its reach within the design community.