Statsig, the all-in-one platform for data-driven product development, has announced a successful $100 million Series C funding round, catapulting the company to a $1.1 billion valuation.
This milestone underscores the growing demand for integrated solutions that empower product teams to make informed decisions based on data, rather than relying on guesswork.
The round was led by ICONIQ Growth, with continued support from existing investors Sequoia and Madrona.
The investment will be used to expand Statsig’s platform capabilities, grow its team, and enable more companies to unlock the full potential of data-driven product development. Statsig aims to replace the fragmented landscape of standalone tools with a unified suite that integrates experimentation, feature flagging, analytics, and more, connecting product data to traditional developer workflows.
“Statsig is committed to solving one of the most pressing challenges in modern product development,” said Murali Joshi of ICONIQ Growth. “We believe Statsig’s growing and comprehensive platform can serve this for enterprises end-to-end.”
Vijaye Raji, Founder & CEO of Statsig, added, “We’re doubling down on our mission to help every product team embrace both the art and science of building great products by providing a complete platform for data-driven decision-making.”
With its comprehensive approach and growing customer base, Statsig is poised to become the leading platform for companies seeking to build better products, faster.
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