LaunchDarkly
Cloud-based feature management platform for feature flags, experimentation, and progressive delivery
DevTools
📍 Oakland, CA
Founded 2014
Current Valuation
$3.0B
as of 2024-Q1
UNICORN
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.
Company Profile
Est. Revenue
$200M (2024-Q4)
Last Round
Series D — $200M (Aug 2021) · Lead: Lead Edge Capital & Bond
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.