Statsig Secures $53 Million in Series A Funding to Revolutionize Product Experimentation for Business Growth

We are thrilled to announce that Statsig, the leading product experimentation platform, has successfully raised $53 million in its latest funding round. Founded in 2021 by a team of former Facebook engineers, Statsig aims to transform the way companies leverage data for faster and more efficient product development. Our platform has become indispensable for prominent organizations like Microsoft, Figma, Notion, Flipkart, Eventbrite, Ancestry, Headspace, and Univision, enabling them to seamlessly manage feature rollouts, automate experiments, and make crucial decisions grounded in robust performance metrics. With this significant infusion of capital, we are set to expand our capabilities and further democratize experimentation, a vital process that reduces development risk and fosters innovation. Until now, such tools have been primarily accessible to big tech companies, but Statsig is committed to making this essential aspect of product development available to businesses of all sizes. This substantial funding will empower us to enhance our platform, recruit top-tier talent, and broaden our outreach to new markets, ultimately affecting thousands of experiments that take place across diverse industries, impacting over a billion end users worldwide. As we look forward to this next chapter, Statsig remains dedicated to supporting organizations in building better products, faster. Thank you to our investors and partners for believing in our vision and joining us on this exciting journey!