Statsig

Statsig is a product experimentation platform founded in February 2021 and based in Kirkland, Washington. The company's mission is to help businesses use data to build better products. Statsig's platform enables product teams to run rapid, high-quality experiments and analyze the impact of features before launch, similar to practices used by companies like Airbnb, Facebook, and Uber. The platform automates much of the manual work involved in experimentation, allowing teams to run hundreds of experiments in parallel and evaluate product performance in near real-time.

Statsig's core offerings include feature flags, experimentation tools, remote configuration, and product analytics. The platform integrates with data warehouses like BigQuery, Snowflake, Redshift, and Databricks, allowing teams to analyze experiments using their existing datasets. Statsig employs advanced statistical methods such as CUPED, sequential testing, and holdouts to provide robust analysis capabilities. In June 2023, Statsig launched Warehouse Native, a modular experimentation engine that runs natively within an organization's data warehouse, making it the first experimentation platform to offer both warehouse-native and cloud-hosted implementation options.

The company uses a transparent pricing model where customers pay only for the data Statsig analyzes, without upfront commitments or subscription fees. This approach aims to align the value of experimentation with results and costs, making sophisticated product testing more accessible to companies of various sizes.

Key customers and partnerships

Statsig's platform is used by notable companies across various industries, including OpenAI, Notion, Brex, Headspace, and Eventbrite. These organizations leverage Statsig to manage feature rollouts, automate experiments, and make data-driven decisions based on performance metrics.

Brex CPO Karandeep Anand noted that Statsig has been a "game changer" in automating the manual aspects of running experiments, enabling their engineers to move faster. Headspace's Lead Product Manager Shannon Priem highlighted how Statsig has allowed them to quickly understand the impact of shipped features, improving their customer experience more rapidly. Notion's Data Science Manager Mengying Li emphasized how Statsig enables both speed and learning in their experimentation processes.