DEAL_OVERVIEW

Deal Terms

Date
2025-09-02
Amount
$1.1B
Est. Multiple
N/A
Key Talent
N/A
Integration Time
N/A
Categories
Product AnalyticsExperimentation

Deal Multiples

No detailed multiples available

Strategic Rationale

~$1.1B acquisition of the product experimentation and feature-flagging platform. Founder Vijaye Raji became OpenAI's CTO of Applications, owning product engineering for ChatGPT and Codex; Statsig continued serving its external customers.

POST_ACQUISITION_TIMELINE1 EVENTS
2025-09-02reorg
Vijaye Raji named CTO of Applications at OpenAI
Statsig's founder took over product engineering for OpenAI's applications business, reporting to Applications CEO Fidji Simo.
KEY_PEOPLE1 TRANSITIONS
VR
Vijaye Raji
Statsig Founder & CEOOpenAI CTO of Applications, OpenAI