Statsig is a feature management and experimentation platform that enables product teams to rapidly test new functionality and make data-driven decisions at scale. Founded in 2021 by Vijaye Raji, who previously led growth of Facebook's Seattle engineering hub to over 5,000 employees, Statsig brings the kind of powerful experimentation capabilities previously limited to tech giants like Facebook and Google to companies of all sizes.
Statsig's platform allows developers to use feature flags to control rollouts, run A/B tests through its multi-armed bandit tool Autotune, and integrate with data warehouses for deeper analytics. Unlike competitors charging per seat, Statsig's event-based pricing model has fueled rapid adoption by enabling customers to run hundreds of millions of free events annually. As more businesses seek to optimize through experimentation, Statsig is well-positioned in the growing A/B testing market projected to reach $3.4 billion by 2032.
However, Statsig must prove its value over in-house solutions and navigate privacy challenges that could impact user targeting and data collection capabilities. By joining Statsig's team of over 100 employees, prospective hires can shape a platform democratizing sophisticated experimentation for businesses striving to build better products through data.
2021
Founded
50-100
Employees
Series B
Stage
$420M
Latest Valuation
$50-100M
Total Funding
Apr 20 2022
Last Fundraise
Why is the rating
Top Previous Employers
Meta
Microsoft
Segment
University of Washington
Investors
Sequoia Capital
WhatsApp, Zoom, Apple