GrowthBook Raises $22.6M to Power the Future of Data-Driven Feature Flagging and A/B Testing

GrowthBook is excited to announce that we’ve raised $22,620,000 in our latest funding round, a milestone that reinforces our commitment to revolutionizing the way companies release code and measure its impact. As an open-source feature flagging and A/B testing platform, GrowthBook empowers teams to deploy code safely and confidently—with the robust, scalable, in-house solution you don’t have to build yourself. Our platform is uniquely designed to integrate with your existing data infrastructure by supporting a wide range of SQL-based sources, as well as popular analytics tools like Google Analytics and Mixpanel, ensuring that you can conduct A/B tests on any interface where data is available. This funding will accelerate our product development, enabling us to further enhance the tools built on best practices with SDKs that are not only absurdly fast and easy to use but also provide a common metric store through SQL or YML. Our robust statistics engine makes data comprehensible even for nontechnical stakeholders and grants data teams unparalleled transparency, allowing results to be seamlessly exported as SQL or Jupyter notebooks. Additionally, our searchable and shareable test documentation library ensures that every insight and lesson is preserved, eliminating the need to sift through disparate systems like Google Docs. Committed to data security, GrowthBook guarantees that user data remains within your company’s infrastructure, with options for self-hosting that comply with PCI Data Security Standards. Backed by Y Combinator and other top venture capitalists, this funding sets the stage for GrowthBook to continue democratizing access to world-class release and experimentation solutions, much like those trusted by Netflix, Pinterest, and Uber.