# Statsig

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/statsig

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.statsig.com
- Total disclosed funding: $153M
- Latest round: Series C (May 6, 2025)
- Investors on record: 3

## About

Based in the US, Statsig, Inc. provides a product development platform that optimizes product management through integrated tools for feature management, experimentation, and data analytics, addressing the needs of technology-driven companies.Statsig, Inc. was founded in 2021 and is headquartered in Bellevue, US. The company specializes in enhancing product development solutions for its clients. The founder, Vijaye R, has a history of entrepreneurial ventures, contributing to the innovative approach of Statsig. The company has engaged in three investment deals. Statsig offers a robust product development platform designed to enhance the efficiency and effectiveness of product management through a suite of integrated tools. Their core offerings include platform feature management, experimentation functionalities, and advanced data analytics capabilities. These tools cater to businesses seeking to optimize their product features based on empirical data, allowing for informed decision-making and efficient market testing. The platform also includes session replay and web analytics tools, enhancing product observability and user experience analysis. Statsig primarily serves technology-driven companies across North America and Europe, focusing on industries ranging from e-commerce to SaaS (Software as a Service), providing critical insights that allow them to refine their offerings and better meet customer needs.Statsig's revenue model is centered around subscription-based services, where clients engage in tiered pricing plans based on the complexity and scale of their product development needs. These plans typically encompass access to multiple features such as A/B testing, data warehousing, and product analytics tools, allowing companies to select the level that best fits their operational requirements. Transactions occur directly between Statsig and its clients, with businesses paying a recurring fee for continued access to the platform and its functionalities. This model fosters long-term partnerships and provides businesses the flexibility to scale their usage as their product development needs evolve. Additionally, Statsig's flagship products are designed to create value by enabling companies to make data-driven decisions, ultimately enhancing their revenue-generating capabilities. In September 2025, OpenAI agreed to acquire Statsig, Inc. from Madrona Venture Group, Sequoia Capital, and ICONIQ Capital for USD 1.1 billion, in an all-stock transaction. Statsig, Inc. will work alongside OpenAI to accelerate the build-out of its Applications division by integrating Statsig’s robust experimentation infrastructure, driving faster go-to-market strategies and unlocking new revenue streams.

## Funding rounds

- Series C, May 6, 2025, $100M — Hong Shan, Madrona Venture Group, ICONIQ Capital
- Series B, Apr 20, 2022, $43M — Hong Shan, Madrona Venture Group
- Series A, Aug 5, 2021, $10M — Hong Shan, Madrona Venture Group

## Investors

- Hong Shan — Series A, Series B, Series C
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B, Series C
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series C