A Seattle-area startup is moving to a new headquarters with room to more than triple its headcount, two months after raising $100 million at a valuation of more than $1 billion. And it expects workers to be there five days a week.
No, this is not a story from 2019.
Statsig, a four-year-old Bellevue-based company that makes software testing and product experimentation tools, is expanding into a two-building campus that can accommodate 450 to 500 employees — a major milestone for a startup that began in a tiny Kirkland office in 2021.
The company has differentiated itself with an unusual policy of requiring employees to work in the office five days a week, in contrast with the post-pandemic hybrid and remote work practices that remain common among many startups to this day.
Statsig’s new headquarters, located at 3106 160th Ave. SE, offers upgraded amenities including gym and showers, a wellness room, outdoor seating, and a film studio. It includes an atrium large enough for Statsig’s daily all-hands meetings.
The office “is central to the culture we’re trying to build,” said Statsig CEO Vijaye Raji, a former Microsoft and Facebook engineering leader, explaining that it was important for the company to maintain an open floor plan to ensure a “collaborative and high energy environment.”
In an accommodation for its in-person workforce, Statsig opted to keep its headquarters on the Interstate 90 corridor to ensure that employee commuting habits wouldn’t be disrupted. The new headquarters are a short drive across a freeway overpass from its prior space.
The company is considering running its own shuttle to a nearby park-and-ride to help employees commute, a nod to the company’s growth, and a way to reduce traffic congestion in the area.
With about 145 employees, Statsig is on track to reach 200 by the end of the year. The company is #5 on the GeekWire 200 index of top Pacific Northwest startups.
Statsig raised a $100 million Series C round in May, led by ICONIQ Growth with participation from Sequoia and Madrona. It had $40 million in annual recurring revenue at the time.
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