Figma, Inc. (FIG): Kleiner Perkins files Schedule 13G disclosing a significant stake. Affiliates report beneficial ownership of Figma Class A common stock following an event dated 09/30/2025.
KPCB XVII Associates, LLC reports 49,199,434 shares, representing 12.0% of the class, reflecting holdings directly owned by its affiliates. Kleiner Perkins Caufield & Byers XVII, LLC reports 47,639,812 shares (11.6%), and KPCB XVII Founders Fund, LLC reports 1,559,622 shares (0.4%). Separately, Kleiner Perkins Select Fund, LLC reports 3,086,524 shares (0.8%) and Kleiner Perkins Select Founders Fund, LLC reports 78,416 shares (0.0%). The filing states sole voting and dispositive power for each reporting person, with managing entities (including KPCB XVII Associates and KP Select Associates) noted as potentially having sole power over the respective shares.
The securities are Figma Class A common stock (CUSIP 316841105).
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Figma, Inc.
(Name of Issuer)
Class A Common Stock, $0.00001 par value per share
(Title of Class of Securities)
316841105
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Kleiner Perkins Caufield & Byers XVII, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
47,639,812.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
47,639,812.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
47,639,812.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 47,639,812 shares, except that KPCB XVII Associates, LLC ("XVII Associates"), the managing member of KPCB XVII, may be deemed to have sole power to vote these shares.
Note to Row 6: See response to row 5.
Note to Row 7: 47,639,812 shares, except that XVII Associates, the managing member of KPCB XVII, may be deemed to have sole power to dispose of these shares.
Note to Row 8: See response to row 7.
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
KPCB XVII Founders Fund, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,559,622.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,559,622.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,559,622.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.4 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 1,559,622 shares, except that KPCB XVII Associates, LLC ("XVII Associates"), the managing member of XVII Founders, may be deemed to have sole power to vote these shares.
Note to Row 6: See response to row 5.
Note to Row 7: 1,559,622 shares, except that XVII Associates, the managing member of XVII Founders, may be deemed to have sole power to dispose of these shares.
Note to Row 8: See response to row 7.
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
KPCB XVII Associates, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
49,199,434.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
49,199,434.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
49,199,434.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
12.0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 49,199,434 shares, 47,639,812 of which are directly owned by KPCB XVII and 1,559,622 of which are directly owned by XVII Founders. XVII Associates, the managing member of KPCB XVII and XVII Founders, may be deemed to have sole power to vote these shares.
Note to Row 6: See response to row 5.
Note to Row 7: 49,199,434 shares, 47,639,812 of which are directly owned by KPCB XVII and 1,559,622 of which are directly owned by XVII Founders. XVII Associates, the managing member of KPCB XVII and XVII Founders, may be deemed to have sole power to dispose of these shares.
Note to Row 8: See response to row 7.
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Kleiner Perkins Select Fund, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,086,524.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,086,524.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,086,524.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.8 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 3,086,524 shares, except that Kleiner Perkins Select Associates, LLC ("KP Select Associates"), the managing member of KP Select, may be deemed to have sole power to vote these shares.
Note to Row 6: See response to row 5.
Note to Row 7: 3,086,524 shares, except that KP Select Associates, the managing member of KP Select, may be deemed to have sole power to dispose of these shares.
Note to Row 8: See response to row 7.
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Kleiner Perkins Select Founders Fund, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
78,416.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
78,416.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
78,416.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 78,416 shares, except that Kleiner Perkins Select Associates, LLC ("KP Select Associates"), the managing member of KP Select Founders, may be deemed to have sole power to vote these shares.
Note to Row 6: See response to row 5.
Note to Row 7: 78,416 shares, except that KP Select Associates, the managing member of KP Select Founders, may be deemed to have sole power to dispose of these shares.
Note to Row 8: See response to row 7.
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Kleiner Perkins Select Associates, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,164,940.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,164,940.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,164,940.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.8 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 3,164,940 shares, 3,086,524 of which are directly owned by KP Select and 78,416 of which are directly owned by KP Select Founders. KP Select Associates, the managing member of KP Select and KP Select Founders, may be deemed to have sole power to vote these shares.
Note to Row 6: See response to row 5.
Note to Row 7: 3,164,940 shares, 3,086,524 of which are directly owned by KP Select and 78,416 of which are directly owned by KP Select Founders. KP Select Associates, the managing member of KP Select and KP Select Founders, may be deemed to have sole power to dispose of these shares.
Note to Row 8: See response to row 7.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Figma, Inc.
(b)
Address of issuer's principal executive offices:
760 Market St., Floor 10, San Francisco, CA, 94102
Item 2.
(a)
Name of person filing:
This Schedule is filed by Kleiner Perkins Caufield & Byers XVII, LLC, a Delaware limited liability company, KPCB XVII Founders Fund, LLC, a Delaware limited liability company, KPCB XVII Associates, LLC, a Delaware limited liability company, Kleiner Perkins Select Fund, LLC, a Delaware limited liability company, Kleiner Perkins Select Founders Fund, LLC, a Delaware limited liability company and Kleiner Perkins Select Associates, LLC, a Delaware limited liability company. The foregoing entities are collectively referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
c/o Kleiner Perkins Caufield & Byers, LLC 2750 Sand Hill Road Menlo Park, California 94025
(c)
Citizenship:
See Row 4 of cover page for each Reporting Person.
(d)
Title of class of securities:
Class A Common Stock, $0.00001 par value per share
(e)
CUSIP No.:
316841105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Row 9 of cover page for each Reporting Person.
(b)
Percent of class:
See Row 11 of cover page for each Reporting Person.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Row 7 of cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Row 8 of cover page for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Under certain circumstances set forth in the limited liability company agreements of the Reporting Persons, the members of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by each such entity of which they are a member.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Kleiner Perkins Caufield & Byers XVII, LLC
Signature:
/s/ Susan Biglieri
Name/Title:
Susan Biglieri, CFO of KPCB XVII Associates, LLC
Date:
11/03/2025
KPCB XVII Founders Fund, LLC
Signature:
/s/ Susan Biglieri
Name/Title:
Susan Biglieri, CFO of KPCB XVII Associates, LLC
Date:
11/03/2025
KPCB XVII Associates, LLC
Signature:
/s/ Susan Biglieri
Name/Title:
Susan Biglieri, Chief Financial Officer
Date:
11/03/2025
Kleiner Perkins Select Fund, LLC
Signature:
/s/ Susan Biglieri
Name/Title:
Susan Biglieri, CFO of Kleiner Perkins Select Associates, LLC
Date:
11/03/2025
Kleiner Perkins Select Founders Fund, LLC
Signature:
/s/ Susan Biglieri
Name/Title:
Susan Biglieri, CFO of Kleiner Perkins Select Associates, LLC
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