Statsig, a Bellevue, WA-based provider of a platform for data-driven product development, raised $100M in Series C funding, at $1.1 Billion valuation.
The round was led by ICONIQ Growth, with participation from existing investors Sequoia and Madrona.
The company intends to use the funds to expand its platform capabilities and grow its team.
Led by CEO and Founder Vijaye Raji, Statsig is a provider of a product development platform for experimentation, analytics, feature management and more. The integrated suite of tools empower cross-functional teams to control feature releases, measure impact through experimentation, unify product data, analyze insights in real-time, monitor application performance, and capture qualitative feedback.
Statsig replaces a suite of standalone products, from dedicated feature flagging to product analytics to A/B testing tools and more. Their platform aims to integrate and simplify workflows by connecting product data to traditional developer tools.
Companies including Notion, Microsoft, Brex, Electronic Arts, and Atlassian use it to support their product and identify new ways to grow.
FinSMEs
07/05/2025