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Statsig

Category: AI Developer Tools

A feature management and product experimentation platform that helps businesses use data to ship faster and build better products. Statsig was founded in 2021. The company is led by Vijaye Raji. Based in Bellevue, USA. Team size: 101-250. Total funding raised: $153M. Latest round: Series C, $100.0M, 2025-05, led by ICONIQ Growth. Key investors include ICONIQ Growth, Sequoia Capital, Madrona Venture Group.

Founded
2021
Headquarters
Bellevue, USA
Team size
101-250
Total funding
$153M

Value proposition

To empower product teams to make data-driven decisions and accelerate product development by providing an integrated platform for experimentation, feature management, and analytics.

Products and solutions

Feature Flags (Gates), A/B Testing (Experiments), Product Analytics, Session Replays, Product Observability

Unique value

Statsig's core innovation lies in its integrated, all-in-one platform that combines feature flagging, A/B testing, and product analytics. This unified approach, inspired by the internal tools at major tech companies like Facebook (where the founders previously worked), democratizes access to sophisticated product development and experimentation capabilities.

Target customer

Product managers, engineers, and data scientists in companies of all sizes, from startups to large enterprises like OpenAI, Notion, and Brex.

Industries served

Technology (B2B SaaS, AI), E-commerce, Fintech, Media & Entertainment

Technology advantage

The primary advantage is providing a single platform that allows teams to ship, measure, and learn from their releases without stitching together multiple tools. This streamlines workflows, reduces operational friction, and enables faster, data-driven decision-making. The recent acquisition by OpenAI provides a significant strategic advantage, positioning them to lead the integration of AI-driven experimentation and product development.

How they differentiate

Statsig differentiates by providing an integrated platform for feature management, A/B testing, and product analytics. This allows product teams to not only ship features faster but also measure their impact on key metrics, all within a single solution. Their focus is on empowering data-driven decision-making for modern product development teams.

Main competitors

LaunchDarkly, Optimizely, PostHog

Key partnerships

OpenAI (Acquisition), Databricks, Datadog, Google, Segment

Notable customers

Brex, Headspace, Notion, Microsoft, Atlassian, OpenAI, Flipkart, Lime, Whatnot

Major milestones

Founded in 2021., Raised a $100M Series C round at a $1.1B valuation in May 2025., Acquired by OpenAI for $1.1 billion in September 2025.

Growth metrics

As of May 2025, Statsig reached $40 million in Annual Recurring Revenue (ARR).

Market positioning

Statsig is a strong competitor in the feature management and experimentation market, particularly for product-led companies. The acquisition by OpenAI for $1.1 billion highlights its significant market value and the strategic importance of its technology.

Geographic focus

While serving a global customer base, Statsig's primary focus is on the North American market, with a high concentration of customers in the tech industry.

Patents and IP

No publicly available information on patents.

About Vijaye Raji

Founder/CEO of Statsig, a product development platform acquired by OpenAI. Previously served as a VP at Facebook, leading the Gaming and Watch teams, and spent over 17 years in various engineering leadership roles at Microsoft.

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