Renaissance Capital LLC disclosed a new investment in Figma, Inc., purchasing 47,028 shares during the third quarter, according to a recent filing. This position is valued at approximately $2.44 million.
The investment now represents 1.4% of Renaissance Capital’s total portfolio. Figma ranks as the firm's 22nd largest holding.
This acquisition aligns with a broader trend of institutional interest in the design software company. Figma went public in July 2025.
Other firms, including Voya Investment Management LLC and VERITY Wealth Advisors, also initiated positions in Figma during the third quarter. No specific market reaction analysis is available regarding these particular investments.