Cloud-based feature management platform for feature flags, experimentation, and progressive delivery
DevTools📍 Oakland, CAFounded 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
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 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
Secondary price return by period
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
Round
Amount
Date
Lead Investor
Post-Money
Series D
$200M
Aug 2021
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
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.