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15 handpicked stocks

The Figma Effect: Investing in Collaborative Tech

Figma's upcoming IPO is creating waves in the tech industry. This collection features companies positioned to benefit from growing demand for digital collaboration tools and a revitalized tech IPO landscape, carefully selected by our expert analysts.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at July 2

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

ADBE

Adobe Systems Inc.

ADBE

Current price

$354.85

As Figma's primary competitor, Adobe will face increased pressure to innovate its own creative and collaborative software suites to compete with a new...

As Figma's primary competitor, Adobe will face increased pressure to innovate its own creative and collaborative software suites to compete with a newly public and well-funded Figma.

TEAM

Atlassian Corporation Plc

TEAM

Current price

$167.00

A leader in team collaboration software with products like Jira and Confluence, Atlassian benefits from the same secular trends toward digital teamwor...

A leader in team collaboration software with products like Jira and Confluence, Atlassian benefits from the same secular trends toward digital teamwork that are driving Figma's growth.

MNDY

Monday.com Ltd

MNDY

Current price

$175.74

Monday.com's Work OS platform is a direct beneficiary of the increasing demand for cloud-based collaborative work management tools, a market validated...

Monday.com's Work OS platform is a direct beneficiary of the increasing demand for cloud-based collaborative work management tools, a market validated by Figma's strong IPO.

About This Group of Stocks

1

Our Expert Thinking

Figma's $1.5 billion IPO signals renewed investor interest in high-growth cloud software. This presents opportunities not just in direct competitors, but across the collaborative tech ecosystem where digital transformation is accelerating growth for SaaS platforms designed for teamwork.

2

What You Need to Know

This collection focuses on growth companies operating primarily on subscription-based revenue models. While these stocks may experience higher volatility, they represent essential tools powering modern enterprise collaboration, from design software to project management and specialized workflows.

3

Why These Stocks

We've selected companies that either compete directly with Figma, provide complementary collaboration tools, or supply the critical infrastructure supporting cloud software. Each was chosen for its strategic position to benefit from increased valuation multiples or potential M&A activity in this space.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+27.33%

Group Performance Snapshot

27.33%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 27.33% over the next year.

12 of 15

Stocks Rated Buy by Analysts

12 of 15 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

IPO Momentum Effect

Figma's upcoming $1.5 billion IPO could trigger a wave of tech offerings, potentially lifting valuations across the collaborative software sector. Don't miss the ripple effects of this market catalyst.

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Remote Work Revolution

Companies enabling digital collaboration continue to benefit from permanent shifts in how teams work together. These tools aren't just trendy—they're becoming essential infrastructure for the modern workplace.

💰

Renewed M&A Interest

Adobe's failed Figma acquisition signals major tech players are hungry for growth. This collection includes potential acquisition targets that could reward investors with significant premiums if bought out.

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