Overview

• Statsig has raised $100 million in a Series C funding round, achieving a $1.1 billion valuation and unicorn status.
• The funding round was led by ICONIQ Growth, with participation from Sequoia and Madrona, signaling strong investor confidence.
• The company reports $40 million in annual recurring revenue, driven by customers like Notion, OpenAI, and Rippling.
• Statsig plans to expand its product offerings, grow its team to 175–190 employees by 2026, and relocate to a larger office in Bellevue, Washington.
• The funding follows aborted acquisition talks with Datadog, which recently acquired rival Eppo for $220 million, highlighting consolidation trends in the experimentation software market.