Diligence memo · auto-generated · as of July 2, 2026
GrowthBook, Inc.
GrowthBook, Inc. has raised $23M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
GrowthBook, Inc. operates in SaaS / Software, based in ANAHEIM, CA, USA; Remote. Open source feature flagging and A/B testing
Sub-sector tags: Analytics, B2B, Developer Tools, Open Source, saas.
Capital & rounds (filed)filed
GrowthBook, Inc. has raised $23M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $23M on 2025-06-17.
Most recent recorded round closed around 2025-06-17.
Valuation (modeled)modeled
Provath models GrowthBook, Inc. at approximately $125M (range $57M–$187M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 12 mo ago; this sector typically re-raises about every 22 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 97% of SaaS / Software peers (381 compared).
Modeled value ranks above 94% of those peers.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.