What does Statsig do?
Statsig provides a platform for data-driven product development that includes tools for experimentation, analytics, and feature management, helping companies optimize and innovate their product strategies.
How much did they raise?
The company raised $100M in Series C funding at a $1.1 billion valuation. The round was led by ICONIQ Growth with participation from Sequoia and Madrona.
What are their plans for the money?
Statsig plans to use the funds to expand its platform capabilities and grow its team, potentially accelerating product innovation and further establishing its presence in the market.
What have they achieved so far?
The platform is already trusted by companies such as Notion, Microsoft, Brex, Electronic Arts, and Atlassian, demonstrating significant market validation and success in driving data-driven development.
