-43%

est. 2Y upside i

DevOps & InfraSeries D+

PostHog is an open-source product analytics for developers. It helps engineers understand their product usage, automate events, and user data collection. It tracks and auto-captures which features for product events are being triggered.

Rank

#3005

Sector

Developer Tools / Product Analytics

Est. Liquidity

~3Y

Data Quality

Data: Medium

Exceptional growth (138% YoY) with differentiated OSS developer brand. $1.4B at 104x ARR is aggressive but preference stack benign (13.9%).

Last updated: March 22, 2026

Bull (35%)+85%

OSS flywheel drives $200M+ ARR; IPO at $3B+.

Base (45%)+10%

$60-80M ARR; pricing pressure; IPO at $1.5B.

Bear (20%)-40%

Amplitude/Mixpanel compete; warehouse-native analytics reduce need; down round.

Est. time to liquidity~3.0 years

Preference Stack Risk

low

Funding Intensity

14%

$194M on $1.4B (13.9%).

Dilution Risk

moderate

1-2 more rounds; 15-25% dilution.

Secondary Liquidity

limited

No known tender; 2-4 years to IPO.

Engineering — 9 roles

Sales & Customer Success — 3 roles

Marketing — 2 roles

People & Ops — 1 role

Product Management — 1 role

View all 16 open roles at PostHog →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on PostHog's data — designed to show you've done your homework.

  • 1

    “Self-hosted to cloud conversion funnel?”

  • 2

    “Depth vs breadth vs Amplitude/Mixpanel?”

  • 3

    “IPO milestones?”

Community

Valuation Sentiment

Our model estimates -43% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.