Lightspeed Management Company Acquires Stake in Figma

Institutional investor buys 183,511 shares of design software company Figma

Mar. 16, 2026 at 12:33pm by Ben Kaplan

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Lightspeed Management Company L.L.C. has acquired a new position in shares of Figma, Inc. (NYSE:FIG), purchasing 183,511 shares of the design software company's stock during the third quarter. The transaction was valued at approximately $9.5 million, making Figma the sixth largest holding in Lightspeed's portfolio.

Why it matters

Figma is a prominent player in the design software market, offering a web-based platform for interface design, prototyping, and collaboration. The acquisition of a significant stake by Lightspeed Management, a respected institutional investor, suggests confidence in Figma's growth potential and market position.

The details

According to a filing with the SEC, Lightspeed Management Company L.L.C. bought the 183,511 shares of Figma, Inc. during the third quarter. The shares were valued at approximately $9,519,000, making Figma the sixth largest holding in Lightspeed's investment portfolio.

  • Lightspeed Management Company L.L.C. acquired the Figma shares during the third quarter.

The players

Lightspeed Management Company L.L.C.

An institutional investment firm that has acquired a significant stake in Figma, Inc.

Figma, Inc.

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

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The takeaway

The acquisition of a major stake in Figma by Lightspeed Management Company suggests that the institutional investor sees significant growth potential in the design software company, which has established itself as a leader in the web-based design and collaboration space.