Figma nourished the crowd at its Wall Street IPO party with free pizza, branded swag, and vibes.

Design software maker Figma trebled on its market debut after an upsized initial public offering that is likely to trigger a flurry of deals for venture capital-backed start-ups that have waited for years to list.

Investors cash in as design firm goes public after takeover dreams dashed updated Adobe competitor and one-time acquisition target Figma debuted on public markets on Thursday with 36,937,080 shares of Class A common stock at $33 apiece,

Figma Inc. shares jumped 250% in their public debut after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc.

Figma Inc.’s 250% surge in its debut session is the kind of coming-out party every startup dreams of when it goes public.