| Item 1. | |
| (a) | Name of issuer:
FIGMA, INC. |
| (b) | Address of issuer's principal executive offices:
760 Market Street, Floor 10, San Francisco, California |
| Item 2. | |
| (a) | Name of person filing:
Sequoia Capital US/E Expansion Fund I, L.P.
SC U.S. Growth IX Management, L.P.
SC US/E Growth Fund X Management, L.P.
SC US (TTGP), Ltd.
SC US/E Expansion Fund I Management, L.P.
SC U.S. Growth VIII Management, L.P.
Sequoia Capital U.S. Growth Fund VIII, L.P.
The general partner of SEQUOIA CAPITAL U.S. GROWTH FUND VIII is SC U.S. GROWTH VIII MANAGEMENT. The general partner of SC US/E EXPANSION FUND I is SC US/E EXP I MGMT. The General Partner of SC U.S. GROWTH IX MANAGEMENT, SC US/E GROWTH X MANAGEMENT, SC US/E EXP I MGMT, SC U.S. GROWTH VIII MANAGEMENT is SC US (TTGP). |
| (b) | Address or principal business office or, if none, residence:
2800 Sand Hill Road, Suite 101, Menlo Park, CA 94025 |
| (c) | Citizenship:
Sequoia Capital U.S. Growth Fund VIII, L.P., Sequoia Capital US/E Expansion Fund I, L.P., SC U.S. Growth IX Management, L.P., SC US/E Growth Fund X Management, L.P., SC US (TTGP), Ltd., SC US/E Expansion Fund I Management, L.P., and SC U.S. Growth VIII Management, L.P. are each organized under the laws of the Cayman Islands. |
| (d) | Title of class of securities:
Class A Common Stock, par value $0.00001 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);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (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);
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| (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:
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| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
25,261,320 shares, of which 22,152,394 shares are directly owned by SEQUOIA CAPITAL U.S. GROWTH FUND VIII, 60,000 shares are directly owned by SC US/E EXPANSION FUND I, 1,077,911 shares are directly owned by SC U.S. GROWTH IX MANAGEMENT, and 1,971,015 shares are directly owned by SC US/E GROWTH X MANAGEMENT. The general partner of SEQUOIA CAPITAL U.S. GROWTH FUND VIII is SC U.S. GROWTH VIII MANAGEMENT. The general partner of SC US/E EXPANSION FUND I is SC US/E EXPANSION FUND I MGMT. The General Partner of SC U.S. GROWTH IX MANAGEMENT, SC US/E GROWTH X MANAGEMENT, SC US/E EXPANSION FUND I MGMT, SC U.S. GROWTH VIII MANAGEMENT is SC US (TTGP). |
| (b) | Percent of class:
6.1%. Based on a total of 415,909,379 shares of Class A Common Stock outstanding as of October 31, 2025 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the SEC on November 5, 2025. |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
0
|
| | (ii) Shared power to vote or to direct the vote:
SEQUOIA CAPITAL U.S. GROWTH FUND VIII: 22,152,394
SC US/E EXPANSION FUND I: 60,000
SC U.S. GROWTH IX MANAGEMENT: 1,077,911
SC US/E GROWTH X MANAGEMENT: 1,971,015
SC US/E EXPANSION FUND I MGMT: 60,000 shares, of which 60,000 shares are directly owned by SC US/E EXPANSION FUND I. SC US/E EXPANSION FUND I MGMT is the general partner of SC US/E EXPANSION FUND I.
SC U.S. GROWTH VIII MANAGEMENT: 25,261,320 shares, of which 25,261,320 shares are directly owned by SEQUOIA CAPITAL U.S. GROWTH FUND VIII. SC U.S. GROWTH VIII MANAGEMENT is the general partner of SEQUOIA CAPITAL U.S. GROWTH FUND VIII.
SC US (TTGP): 25,261,320 shares, of which 22,152,394 shares are directly owned by SEQUOIA CAPITAL U.S. GROWTH FUND VIII, 60,000 shares are directly owned by SC US/E EXPANSION FUND I, 1,077,911 shares are directly owned by SC U.S. GROWTH IX MANAGEMENT, and 1,971,015 shares are directly owned by SC US/E GROWTH X MANAGEMENT. The general partner of SEQUOIA CAPITAL U.S. GROWTH FUND VIII is SC U.S. GROWTH VIII MANAGEMENT. The general partner of SC US/E EXPANSION FUND I is SC US/E EXPANSION FUND I MGMT. The General Partner of SC U.S. GROWTH IX MANAGEMENT, SC US/E GROWTH X MANAGEMENT, SC US/E EXPANSION FUND I MGMT, and SC U.S. GROWTH VIII MANAGEMENT is SC US (TTGP).
|
| | (iii) Sole power to dispose or to direct the disposition of:
0
|
| | (iv) Shared power to dispose or to direct the disposition of:
SEQUOIA CAPITAL U.S. GROWTH FUND VIII: 22,152,394
SC US/E EXPANSION FUND I: 60,000
SC U.S. GROWTH IX MANAGEMENT: 1,077,911
SC US/E GROWTH X MANAGEMENT: 1,971,015
SC US/E EXPANSION FUND I MGMT: 60,000 shares, of which 60,000 shares are directly owned by SC US/E EXPANSION FUND I. SC US/E EXPANSION FUND I MGMT is the general partner of SC US/E EXPANSION FUND I.
SC U.S. GROWTH VIII MANAGEMENT: 25,261,320 shares, of which 25,261,320 shares are directly owned by SEQUOIA CAPITAL U.S. GROWTH FUND VIII. SC U.S. GROWTH VIII MANAGEMENT is the general partner of SEQUOIA CAPITAL U.S. GROWTH FUND VIII.
SC US (TTGP): 25,261,320 shares, of which 22,152,394 shares are directly owned by SEQUOIA CAPITAL U.S. GROWTH FUND VIII, 60,000 shares are directly owned by SC US/E EXPANSION FUND I, 1,077,911 shares are directly owned by SC U.S. GROWTH IX MANAGEMENT, and 1,971,015 shares are directly owned by SC US/E GROWTH X MANAGEMENT. The general partner of SEQUOIA CAPITAL U.S. GROWTH FUND VIII is SC U.S. GROWTH VIII MANAGEMENT. The general partner of SC US/E EXPANSION FUND I is SC US/E EXPANSION FUND I MGMT. The General Partner of SC U.S. GROWTH IX MANAGEMENT, SC US/E GROWTH X MANAGEMENT, SC US/E EXPANSION FUND I MGMT, and SC U.S. GROWTH VIII MANAGEMENT is SC US (TTGP).
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| Item 5. | Ownership of 5 Percent or Less of a Class. |
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
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Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
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Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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Rule 13d-1(d)