How Much Did Statsig, Inc. Raise? Funding & Rounds and Investors

Statsig, Inc. is a software development company founded in 2021 by Vijaye Raji. Statsig specializes in providing a modern product development platform that integrates tools for experimentation, feature management, and product analytics. Headquartered in Bellevue, Washington, with a presence in San Francisco, Statsig empowers businesses to run high-quality experiments, manage product features, and derive insights through advanced analytics to accelerate product growth.

Since its founding, Statsig, Inc. has quickly established itself as a key player in the software development applications sector. The company has raised a total of $153 million across three funding rounds, highlighting strong interest from leading venture capital firms and investors. These funds were allocated to develop Statsig’s platform, scale its go-to-market strategy, and expand both its internal team and product capabilities. The company’s funding strategy has focused on building foundational technology, deepening analytics features, and broadening market reach—all with the goal of empowering more organizations to achieve data-driven product development.

Funding Rounds

Series C - $100M - May 2025

This round, led by ICONIQ Growth, is earmarked for broadening the platform’s capabilities, growing the global team, and furthering Statsig’s mission to empower more companies with advanced, data-driven product development tools.

Series B - $43M - April 20, 2022

Statsig’s Series B, led by Sequoia Capital with participation from Madrona Venture Group, was directed at expanding product development efforts and scaling the company’s go-to-market functions, supporting wider adoption of Statsig’s experimentation and analytics platform.

Series A - $10.4M - August 5, 2021

The Series A round was led by Sequoia Capital and Madrona Venture Group and provided crucial early-stage funding for developing the company’s core features and assembling an expert team to launch Statsig’s initial offerings.

Key Investors

Sequoia Capital

Sequoia Capital has backed Statsig, Inc. in multiple rounds—Series A and B—playing a foundational role as a lead investor supporting product development and initial growth strategies characteristic of top-tier venture capital involvement.

Madrona Venture Group

Participating in both the Series A and Series B rounds, Madrona Venture Group has been instrumental in fuelling Statsig’s early-stage growth and market entry, leveraging their significant expertise in scaling innovative technology companies.

ICONIQ Growth

Leading the Series C round, ICONIQ Growth brought critical late-stage venture capital to Statsig, supporting the expansion of its platform, organizational scaling, and broader industry enablement for data-driven product development.

Joe Morrissey

Joe Morrissey is noted as an individual investor, contributing his expertise and network to help guide Statsig through various stages of its funding journey.

Microsoft Accelerator Bangalore

By providing early support and validation, Microsoft Accelerator Bangalore contributed to Statsig’s foundational stages, indicating strong ecosystem backing and early traction in the software innovation space.

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