Figma Inc.
UnknownCompany number12523488
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
97%Top 3 buyers account for 97% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
84%Largest buyer (UK Research and Innovation) represents 84% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowHigh risk
8 in 24mo8 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
2 in 24mo2 new buying relationships in last 24 months
Buyer breakdown8 buyers
Total buyers8
Top 5 concentration100%
Returning buyers6
New buyers (24 mo)2
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£5m
Contracts19
Buyers8
Contract patterns
Avg contract value£253k
Avg duration2yr 11mo
Renewal rate50%
Total contracts19
Awards by year
12023£73k
32024£94k
32025£3m
12026£140k
Procurement route
Direct award