Figma, a privately owned company headquartered in the US, was founded in 2012 and employs approximately 1,290 individuals. The company operates as a web-based design platform engineered for teams engaged in product development. It facilitates the creation, sharing, testing, and delivery of designs from inception to completion. The platform is designed to assist teams in consolidating various tools, streamlining workflows, and fostering collaboration across different teams and time zones.