Figma, Inc. (FIG): Greylock files Schedule 13G disclosing a significant passive stake. Greylock XIV GP LLC may be deemed to beneficially own 58,420,365 shares of Figma Class A common stock, representing 14.2% of the class. The percentages are based on 410,091,963 shares outstanding as of August 29, 2025. The filing lists zero sole voting or dispositive power and shared voting and dispositive power over the reported shares.
Breakdown: Greylock XIV Limited Partnership directly owns 52,578,307 shares (12.8%); Greylock XIV-A Limited Partnership directly owns 2,921,029 shares (0.7%); Greylock XIV Principals LLC directly owns 2,921,029 shares (0.7%). Greylock XIV GP LLC is the general partner/manager of these entities and reports aggregate beneficial ownership of 58,420,365 shares (14.2%). The date of event is September 30, 2025.
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, par value $0.00001
(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
Greylock XIV Limited Partnership
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
0.00
6
Shared Voting Power
52,578,307.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
52,578,307.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
52,578,307.00
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)
12.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Greylock XIV-A Limited Partnership
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
0.00
6
Shared Voting Power
2,921,029.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,921,029.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,921,029.00
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)
0.7 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Greylock XIV Principals 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
0.00
6
Shared Voting Power
2,921,029.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,921,029.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,921,029.00
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)
0.7 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
316841105
1
Names of Reporting Persons
Greylock XIV GP 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
0.00
6
Shared Voting Power
58,420,365.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
58,420,365.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
58,420,365.00
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)
14.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Figma, Inc.
(b)
Address of issuer's principal executive offices:
760 Market Street, Floor 10, San Francisco, California 94102
Item 2.
(a)
Name of person filing:
The reporting persons are:
(i) Greylock XIV Limited Partnership;
(ii) Greylock XIV-A Limited Partnership;
(iii) Greylock XIV Principals LLC; and
(iv) Greylock XIV GP LLC, the general partner of Greylock XIV Limited Partnership and Greylock XIV-A Limited Partnership and manager of Greylock XIV Principals LLC.
(b)
Address or principal business office or, if none, residence:
2550 Sand Hill Road, Suite 200, Menlo Park, CA 94025
(c)
Citizenship:
(i) Greylock XIV Limited Partnership, a Delaware limited partnership; (ii) Greylock XIV-A Limited Partnership, a Delaware limited partnership; (iii) Greylock XIV Principals LLC, a Delaware limited liability company; and (iv) Greylock XIV GP LLC, a Delaware limited liability company.
(d)
Title of class of securities:
Class A common stock, par value $0.00001
(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:
(i) Greylock XIV Limited Partnership directly owns 52,578,307 shares of Class A Common Stock, par value $0.00001 ("Class A Common Stock"), which represents 12.8% of the outstanding shares of Class A Common Stock.
(ii) Greylock XIV-A Limited Partnership directly owns 2,921,029 shares of Class A Common Stock, which represents 0.7% of the outstanding shares of Class A Common Stock.
(iii) Greylock XIV Principals LLC directly owns 2,921,029 shares of Class A Common Stock, which represents 0.7% of the outstanding shares of Class A Common Stock.
(iv) Greylock XIV GP LLC is the general partner of Greylock XIV Limited Partnership and Greylock XIV-A Limited Partnership and the manager of Greylock XIV Principals LLC, and may be deemed to beneficially own an aggregate amount of 58,420,365 shares of Class A Common Stock, which represents 14.2% of the outstanding shares of Class A Common Stock.
(b)
Percent of class:
See Item 4(a) above. The percent of class of the Class A Common Stock beneficially owned by the Reporting Persons in Item 4(a) is based on 410,091,963 shares of Class A Common Stock outstanding as of August 29, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q as filed by the Issuer with the Securities and Exchange Commission on September 3, 2025.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Greylock XIV Limited Partnership 0
Greylock XIV-A Limited Partnership 0
Greylock XIV Principals LLC 0
Greylock XIV GP LLC 0
(ii) Shared power to vote or to direct the vote:
Greylock XIV Limited Partnership 52,578,307
Greylock XIV-A Limited Partnership 2,921,029
Greylock XIV Principals LLC 2,921,029
Greylock XIV GP LLC 58,420,365
(iii) Sole power to dispose or to direct the disposition of:
Greylock XIV Limited Partnership 0
Greylock XIV-A Limited Partnership 0
Greylock XIV Principals LLC 0
Greylock XIV GP LLC 0
(iv) Shared power to dispose or to direct the disposition of:
Greylock XIV Limited Partnership 52,578,307
Greylock XIV-A Limited Partnership 2,921,029
Greylock XIV Principals LLC 2,921,029
Greylock XIV GP LLC 58,420,365
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
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.
Greylock XIV Limited Partnership
Signature:
By: Greylock XIV GP LLC, its: General Partner /s/ Donald A. Sullivan
Name/Title:
Donald A. Sullivan, Administrative Partner
Date:
11/07/2025
Greylock XIV-A Limited Partnership
Signature:
By: Greylock XIV GP LLC, its: General Partner /s/ Donald A. Sullivan
Name/Title:
Donald A. Sullivan, Administrative Partner
Date:
11/07/2025
Greylock XIV Principals LLC
Signature:
By: Greylock XIV GP LLC, its: Manager /s/ Donald A. Sullivan
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