Summary:
Statsig secures $100M Series C at $1.1B valuation, moving to a new HQ for 500 employees
New Bellevue office features gym, wellness room, film studio, and large atrium for all-hands meetings
Company maintains 5-day in-office work policy, contrasting with hybrid/remote trends
Location on Interstate 90 corridor eases commutes; considering shuttle service to park-and-ride
Growing from 145 to 200 employees by year's end, ranked #5 on GeekWire 200
Statsig, a Bellevue-based startup specializing in software testing and product experimentation tools, is making headlines with its latest expansion. Just two months after securing a $100 million Series C round at a $1.1 billion valuation, the company is moving into a new headquarters designed to accommodate up to 500 employees. This move underscores Statsig's commitment to an in-person work culture, a stance that sets it apart in today's predominantly hybrid and remote work environment.
Statsig’s new office in Bellevue is a short drive from its prior space. (Statsig Photo)
The new two-building campus at 3106 160th Ave. SE boasts upgraded amenities including a gym, showers, a wellness room, outdoor seating, and even a film studio. A standout feature is the atrium, spacious enough for the company's daily all-hands meetings, reflecting the "collaborative and high energy environment" CEO Vijaye Raji aims to foster.
In a nod to its workforce, Statsig chose a location on the Interstate 90 corridor to minimize disruption to employee commutes. The company is also considering running its own shuttle to a nearby park-and-ride, showcasing its growth and commitment to reducing traffic congestion.
With 145 employees and plans to reach 200 by year's end, Statsig is rapidly expanding. Ranked #5 on the GeekWire 200 index, the startup is a notable player in the Pacific Northwest's tech scene. The recent funding round, led by ICONIQ Growth with participation from Sequoia and Madrona, has propelled Statsig into the spotlight, with $40 million in annual recurring revenue at the time of investment.
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