Who Is Evan Wallace
Evan Wallace is a software engineer and entrepreneur best known as the co-founder of Figma, the collaborative design platform that went public in July 2025. He studied computer science at Brown University and previously worked as a software engineer at Facebook and Stripe before starting Figma. His focus has been on building real-time browser-based tools for design and product teams. Figma IPO details Forbes
Wallace co-founded Figma in 2012 with Dylan Field, and the company grew into a dominant platform for UI/UX design, prototyping, and collaborative workflows. Figma's public listing marked a major milestone for design software companies and expanded Wallace's visibility in the tech and finance worlds. The company serves millions of designers and product teams globally, with strong adoption among enterprises and startups alike.
Evan Wallace Net Worth and Figma Shares
Evan Wallace's net worth is primarily tied to his ownership stake in Figma, which trades on the NYSE under the ticker FIG. As a co-founder and early engineer, he holds a significant share of the company's equity, though exact figures are not always disclosed publicly. Figma's market capitalization has grown rapidly since its IPO, driven by strong revenue growth and enterprise adoption. Figma SEC filings
Wallace's wealth has been estimated by financial media outlets based on Figma's share price and his known holdings, though these estimates can fluctuate with market conditions. His compensation structure includes equity awards and performance-based incentives typical of tech executives. Figma's revenue model is based on subscription tiers for individuals, teams, and enterprises, with a growing focus on AI-powered design features.
Career Path and Key Companies
Before Figma, Evan Wallace worked as a software engineer at Facebook, where he contributed to infrastructure and product tools. He also spent time at Stripe, the fintech payments company, gaining experience in large-scale engineering and product development. These roles helped shape his technical skills and understanding of product-market fit in competitive markets. Figma Forbes profile
Wallace's career trajectory reflects a focus on building developer-friendly and designer-centric tools that solve real collaboration problems. Figma's success has positioned him as a prominent figure in the design software industry and a notable tech entrepreneur. His work continues to influence how teams create, review, and ship digital products across industries.