---
title: "PostHog revenue and valuation"
description: "PostHog's ARR is estimated at $49M–$108M, last reported at $20M. Valued at $1.4B after raising $182M. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/posthog.md
canonical_url: https://www.tryspecter.com/revenue-valuation/posthog
publisher: Specter
last_updated: 2026-11-01
---

# PostHog revenue and valuation

Specter estimates PostHog's annual revenue at $49M to $108M and its valuation at $950M to $2.13B. The company last reported $20M ARR in June 2025 and was priced at $1.4B in September 2025.

PostHog is an open-source SaaS platform for product analytics and feature flags.

- Estimated revenue: $49M to $108M (October 2026)
- Estimated valuation: $950M to $2.13B (October 2026)
- Last reported ARR: $20M (June 2025)
- Total funding: $182M
- Founded: 2020
- Headquarters: San Francisco, United States
- Employees: 233
- Sector: Dev tools
- Specter Rank: #421,955

## PostHog revenue

PostHog last reported $20M ARR in June 2025. Specter's model puts current ARR between $49M and $108M.

| Reported figure | Date | Source |
| --- | --- | --- |
| $20M ARR | June 2025 | [Meet PostHog, A Startup That Just Raised A $70M Series D Led By Stripe From A Single Tweet](https://news.crunchbase.com/ai/startup-posthog-tweet-funding-round-stripe/) (news.crunchbase.com) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $73M | $49M | $108M |
| September 2026 | $72M | $51M | $101M |
| August 2026 | $61M | $45M | $85M |
| July 2026 | $61M | $46M | $82M |
| June 2026 | $59M | $45M | $76M |
| May 2026 | $59M | $47M | $74M |
| April 2026 | $57M | $48M | $69M |
| March 2026 | $52M | $35M | $76M |
| February 2026 | $47M | $33M | $65M |
| January 2026 | $42M | $30M | $59M |
| December 2025 | $38M | $28M | $52M |
| November 2025 | $34M | $25M | $45M |
| October 2025 | $31M | $24M | $39M |
| September 2025 | $27M | $21M | $36M |
| August 2025 | $25M | $19M | $31M |
| July 2025 | $22M | $18M | $28M |
| June 2025 | $20M | $17M | $24M |
| May 2025 | $12M | $5.5M | $18M |
| April 2025 | $12M | $5.3M | $18M |
| March 2025 | $11M | $5.2M | $16M |
| February 2025 | $10M | $4.7M | $16M |
| January 2025 | $9.3M | $4.5M | $14M |
| December 2024 | $10M | $5.7M | $14M |
| November 2024 | $9M | $5.3M | $13M |
| October 2024 | $7.2M | $4.7M | $9.7M |
| September 2024 | $8.5M | $4.4M | $13M |
| August 2024 | $11M | $5.4M | $17M |
| July 2024 | $10M | $5.1M | $15M |
| June 2024 | $8M | $4.5M | $11M |

## PostHog valuation

PostHog's valuation rose from $920M at its Series D in June 2025 to $1.4B at its Series E in September 2025. Specter's live estimate sits between $950M and $2.13B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $1.42B | $950M | $2.13B |
| September 2026 | $1.24B | $830M | $1.85B |
| August 2026 | $1.28B | $820M | $1.99B |
| July 2026 | $1.35B | $930M | $1.97B |
| June 2026 | $1.36B | $950M | $1.95B |
| May 2026 | $1.36B | $940M | $1.98B |
| April 2026 | $1.4B | $1B | $1.94B |
| March 2026 | $1.38B | $1.02B | $1.86B |
| February 2026 | $1.39B | $1.05B | $1.82B |
| January 2026 | $1.41B | $1.08B | $1.85B |
| December 2025 | $1.46B | $1.16B | $1.84B |
| November 2025 | $1.44B | $1.18B | $1.77B |
| October 2025 | $1.4B | $1.16B | $1.68B |
| September 2025 | $1.4B | $1.16B | $1.68B |
| August 2025 | $1.22B | $940M | $1.57B |
| July 2025 | $1.06B | $850M | $1.31B |
| June 2025 | $920M | $770M | $1.11B |
| May 2025 | $260M | $67M | $760M |
| April 2025 | $270M | $67M | $770M |
| March 2025 | $290M | $68M | $730M |
| February 2025 | $290M | $70M | $760M |
| January 2025 | $280M | $67M | $700M |
| December 2024 | $300M | $68M | $830M |
| November 2024 | $300M | $68M | $710M |
| October 2024 | $240M | $69M | $720M |
| September 2024 | $210M | $68M | $550M |
| August 2024 | $240M | $73M | $650M |
| July 2024 | $250M | $76M | $760M |
| June 2024 | $260M | $112M | $530M |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $1.4B | October 2025 | [m.economictimes.com](https://m.economictimes.com/tech/funding/ettech-deals-digest-startups-raise-282-million-this-week-up-4x-on-year/articleshow/124294915.cms) |
| $1.4B | September 2025 | Funding round |
| $920M | June 2025 | Funding round |

## PostHog funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 29 Sep 2025 | Series E | $75M | $1.4B | Peak XV Partners |
| 9 Jun 2025 | Series D | $70M | $920M | Stripe |
| 1 Jan 2024 | Series C | $10M | Undisclosed | Undisclosed |
| 10 Jun 2021 | Series B | $15M | Undisclosed | Y Combinator Continuity Fund |
| 17 Dec 2020 | Series A | $9M | Undisclosed | Google Ventures |
| 4 Jun 2020 | Seed | $3M | Undisclosed | 1984 Ventures |
| 16 Mar 2020 | Pre-Seed | $150K | Undisclosed | 1984 Ventures, Y Combinator |

## PostHog vs competitors

Product analytics platforms split between dedicated niche tools and all-in-one suites.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| PostHog | $49M–$108M | $950M–$2.13B |
| Statsig (statsig.com) | $20M–$65M | $730M–$1.33B |
| Mixpanel (mixpanel.com) | $67M–$200M | $950M–$2.31B |
| Amplitude (amplitude.com) | $240M–$370M | $1.38B–$3.41B |
| LaunchDarkly (launchdarkly.com) | $186M–$300M | $1.2B–$3B |

## Questions

### What is PostHog's revenue?

Specter estimates PostHog's annual recurring revenue at $49M to $108M as of October 2026. PostHog last reported $20M ARR in June 2025.

### What is PostHog's valuation?

PostHog's latest post-money valuation is $1.4B, from a September 2025 Series E. Specter's live estimate is $950M to $2.13B.

### What is PostHog's revenue multiple?

PostHog is valued at about 70× ARR, based on its $1.4B September 2025 valuation and $20M last reported ARR.

### How much funding has PostHog raised?

$182M across seven rounds, from a $150K Pre-Seed in March 2020 to a $75M Series E in September 2025.

### Who invested in PostHog?

13 investors, including 1984 Ventures, Google Ventures, Peak XV Partners, Stripe, Y Combinator and Y Combinator Continuity Fund.

### Who are PostHog's competitors?

Statsig, Mixpanel, Amplitude and LaunchDarkly. Specter ranks 30 competitors for PostHog.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "PostHog revenue and valuation." tryspecter.com/revenue-valuation/posthog. Updated November 2026.