Statsig, a Bellevue, WA-based data-driven product development platform, has raised $100 million in Series C funding at a $1.1 billion valuation.
Investors
The round was led by ICONIQ Growth, with continued support from existing investors Sequoia and Madrona.
ICONIQ Growth is the venture and growth investment arm of ICONIQ Capital, a San Francisco-based investment firm. Established in 2013, ICONIQ Growth partners with visionary entrepreneurs to support companies through early growth stages and beyond, including IPOs. ICONIQ backs innovative businesses in enterprise software, fintech, and consumer technology.
Statsig Use of Funds
The company will use the funds to expand its platform capabilities, grow its team, and empower more companies of all sizes to unlock the full potential of data-driven product development.
About Statsig
Founded in 2021 by Vijaye Raji, Statsig is a technology company that provides a complete platform for data-driven product development. The company offers an integrated suite of tools for experimentation, feature flagging, product analytics, session replays, and more. Statsig helps companies automate experiments, manage feature rollouts, and analyze user behavior. Headquartered in Bellevue, Washington, the company serves thousands of customers, including Notion, Microsoft, Brex, Electronic Arts, and Atlassian.
Funding Details
Company: Statsig, Inc.
Raised: $100.0M
Round: Series C
Funding Date: May 2025
Lead Investor: ICONIQ Growth
Additional Investors: Sequoia, Madrona
Company Website: https://www.statsig.com/
Software Category: Product Development
Source: https://www.businesswire.com/news/home/20250506224968/en/