PostHog, a SaaS startup, reaches unicorn status with $75M funding

PostHog, the open-source software-as-a-service (SaaS) startup, has achieved unicorn status, valued at $1.4 billion, after securing a $75 million funding round. The investment was led by Peak XV Partners, underscoring the VC firm’s strategy to scale its global investments. Cofounder James Hawkins stated this funding begins "Act 2," focusing the platform on becoming a comprehensive developer tool—not just for analytics. PostHog, founded in 2020, offers integrated tools like feature flags and session replay. For Peak XV, this investment follows other global deals as it prepares to raise its first independent fund, targeting up to $1.4 billion. The firm is actively expanding its US strategy, recently appointing Arnav Sahu to lead regional investments.

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