Figma, the collaborative web app meant for user experience and user interface design will be bought for $20 billion, Abobe said, announcing the acquisition on Thursday. 

With the acquisition, the web app that has been out for the past six year will become a company making history. Figma’s acquisition marks the largest privately-held exit of a startup that has been backed by venture capitalists in the last 20 years, at least according to Pitchbook data. Of course, the firms that decided to back Figma are excited by the prospective buyout, given that their investment is going to pay out handsomely. 

Here;s what some of them stand to make.

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Index Ventures

Back in 2013, the founder of Figma raised $3.8 million in seed funding, when he was just 19. At the time, the company had eight investors according to an SEC filing from that year. 

Index Ventures has a 12% stake in the web app, the largest share amongst the rest of the VC firms that have put money into Figma. As a result, the firm’s first check and investments since then are now worth roughly $2.6 billion.

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Greylock Partners & Kleiner Perkins

Greylock Partners was the firm that lead Figma’s Series A funding round, injecting an additional $14 million into the company back in 2015. That investment is worth roughly $2 billion, according to a Bloomberg report. 

Similarly, Kleiner Perkins led the Series B funding round, offering $25 million in 2018. The firm managed to take a 11% stake and is set to walk away with a similar roughly $2 billion paycheck. 

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Sequoia Capital

In 2018, Sequoia Capital passed on Figma when the company approached the firm to fund its Series B round. The mood changed quickly at the company when firm partner Andrew Reed began speaking to people. “We called people to ask their opinions and people were calling us proactively and telling us how impactful it was in their companies,” he had told TechCrunch back in 2019. 

The firm sent Figma a termsheet, which was duly signed and since then, Sequoia has managed to acquire a 6% stake in the company and has poured in $97 million so far. That 6% stake is now valued at $1.3 billion. 

Andreessen Horowitz

The famed VC firm that invested in the likes of Skype, Airbnb, Oculus VR and dozens of other tech behemoths in the early days joined the party late. It funded Figma’s Series D funding round with a $50 million offer. Their investment is now worth $500 million.