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LaunchDarkly

Cloud-based feature management platform for feature flags, experimentation, and progressive delivery
LaunchDarkly is the category-defining feature management platform, letting engineering teams decouple deploys from releases by wrapping new code in remotely-controlled feature flags with targeting, gradual rollouts, kill switches, and built-in A/B experimentation. It serves tens of thousands of developers across enterprises like Atlassian, IBM, Square, and Microsoft. Last priced at roughly $3B in 2024 secondary activity after raising a $200M Series D in 2021.
DevTools 📍 Oakland, CA Founded 2014
Current Valuation
$3.0B
as of 2024-Q1
UNICORN

QL Price

$1.7B
-44% vs last round
QuantLogix's current estimate for LaunchDarkly, published 2026-10-07 — below the last disclosed round of $3.0B (2025-09).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $3.0B 2025-09 weight 0.47
Secondary market print $558M 2026-06-27 weight 0.54
How this price has held up
No round has priced for LaunchDarkly since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to LaunchDarkly →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, LaunchDarkly, 2026-10-07 (14b906a1e9b5956b). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookrumored

Is LaunchDarkly going public in 2026?
An IPO is rumored for 2026, with nothing filed. LaunchDarkly remains private and the date is not the company's.
What is LaunchDarkly's valuation in 2026?
LaunchDarkly is valued at $3.0B as of 2024-Q1, set by its Series D ($200M, Aug 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has LaunchDarkly filed an S-1?
No public S-1 is on file for LaunchDarkly as of 10/07/2026; the IPO is rumored.
Who are LaunchDarkly's investors?
LaunchDarkly's investors include Bessemer Venture Partners, Redpoint Ventures, Andreessen Horowitz, Threshold Ventures, Bond, Lead Edge Capital and 2 more.
How much has LaunchDarkly raised?
LaunchDarkly has raised $330M in total, most recently a Series D of $200M in Aug 2021.
Is LaunchDarkly publicly traded — can you buy LaunchDarkly stock?
No. LaunchDarkly is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for LaunchDarkly on its Pre-IPO Access Desk.
How to actually get exposure to LaunchDarkly →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Dan Rogers
Founded
2014
HQ
Oakland, CA
Employees
~600
Total Raised
$330M
Est. Revenue
$200M (2024-Q4)
Last Round
Series D — $200M (Aug 2021) · Lead: Lead Edge Capital & Bond
IPO Status
rumored

Fundraising Status

Series D · $200M · 5y 2mo ago
rumoredTotal raised $330M

Secondary Market

Implied price / share
$4.1
Last round price / share
$22.05
vs last round
-81.4%
Open interest
8
Last round price vs secondary price
Last round vs current secondary price per share$22.05Last round$4.10Current
Secondary price return by period
Secondary market period returns3-month-36.0%6-month-36.0%1-year-36.9%All-time-85.4%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series D$200MAug 2021Lead Edge Capital & Bond—

Talent Signal

Hiring trend
▲ Hiring uptrend
+13% vs 2026-08
Open roles
52
via greenhouse
Product-build share
44%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 44% builders vs 56% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by month46Aug '2652Sep '26
Open roles by function
Open roles by functionEngineering19Sales & GTM18Other5Data & ML3Marketing3Finance & Strategy3Product1
■ product-building   ■ go-to-market / G&A
Data Analyst – Revenue & MetricsEngineering Manager, AgentControlEngineering Manager, Data PlatformEngineering Manager, ExperimentationFull Stack Engineer, AgentControlFull Stack Engineer, Experimentation
Counted from LaunchDarkly's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Edith HarbaughJohn Kodumal

Investors

Bessemer Venture Partners · Redpoint Ventures · Andreessen Horowitz · Threshold Ventures · Bond · Lead Edge Capital · Vertex Ventures · 500 Global

Products

  • Feature flag platform
  • Experimentation / A-B testing
  • Mobile SDKs
  • Release pipelines
  • Targeting rules
  • Observability integrations

Competitors

Split.io · Optimizely · Statsig · Flagsmith · ConfigCat · Unleash · AWS AppConfig
devtoolsb2bsaasfeature-flagsexperimentation
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q1. Refreshed quarterly.