Statsig

Statsig Raises $350M Series C in Latest Funding Round

Statsig has successfully closed a $350M Series C funding round, marking a significant milestone in the company's growth trajectory. The round was led by Benchmark, with participation from Sequoia Capital, Madrona Venture Group.

Company Overview

Founded in 2020 and headquartered in Bellevue, WA, Statsig has established itself as a leader in the developer tools space. Feature management and experimentation platform enabling product teams to ship features safely with A/B testing

With a current valuation of $6B, the company has demonstrated strong market traction and investor confidence. The organization currently employs 180-280 people and continues to scale its operations.

Investment Details

Funding Round Highlights

• Amount Raised: $350M Series C
• Valuation: $6B
• Lead Investor: Benchmark
• Round Type: Series

Key Investors

The funding round saw participation from several notable investors:

• Benchmark: Premier venture capital firm known for early investments in Uber, Twitter, Snapchat, and eBay
• Sequoia Capital: Iconic venture capital firm backing Apple, Google, Oracle, PayPal, and hundreds of transformative companies
• Madrona Venture Group: Seattle-based venture capital firm investing in early-stage technology companies

Market Context

The Developer Tools sector continues to attract significant investor interest, with companies focusing on innovation, technology integration, and operational efficiency seeing particularly strong funding activity. This investment reflects the growing demand for innovative solutions in this space.

Growth Strategy

With this latest funding, Statsig plans to:

• Accelerate product development and innovation
• Expand market reach and customer acquisition
• Scale engineering and go-to-market teams
• Strengthen competitive positioning in the developer tools market

Industry Impact

Statsig's funding round represents the continued evolution of the developer tools industry, where technology-driven solutions are becoming increasingly critical for business success. The company's approach to empowering developers with modern infrastructure and tools positions it well for future growth.

Future Outlook

As Statsig moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the developer tools space. Industry experts expect continued growth and potential for additional strategic partnerships.

The investment validates the company's business model and growth potential, setting the stage for the next phase of expansion and market leadership.