June 9 Postwhich goals to assist programmers in building “successful products”, quietly announced that he collected $ 70 million Funding round of the D series run by a giant of digital payments Stripe. Financing was collected at a valuation of $ 920 million.
Y combinatorIN GV AND Formus Capital He also participated in financing, which brings the total variety of posts from the time of building in 2020 to around $ 107 million on Crunchbase data.
In short, Poshog began as a product analytics tool. Over the years, it has evolved along with the mission to supply corporations with “full control” of customer data using the Open Source platform.
In particular, the post -post series is greater than twice the entire capital that has previously collected. Its recent valuation is also roughly a double valuation at the time of it $ 15 million B series According to the co -founder and CEO in 2021 James Hawkins.
The rounds of the D series are currently unusual in themselves and there are no valuations almost unique. But what stands out in this round is the way he appeared.
One day in November 2023, co -founder and general director of Stripe Patrick Collison “Just unexpected Tweet“About the post -page” is cool, “said Hawkins.
(In particular, Collison said that the site was “very well done” and meant Hawkins and Tim GlaserSecond co -founder and co -founder of the post.)
The company accomplished the compliment as a solution to get in front of Collison and asked for a meeting.
“We did it and we just talked about many topics that were thought about,” said Hawkins Crunchbase News. “We are very excited about cooperation.”
Stripe refused to comment on the latest posthoga increase, although he confirmed his investment.
GV message Crystal Huang She said that her company was so impressed by the post -Potential potential to “unify the fragmentary landscape of the programmer tools $ 9 million A in 2020.
“The posthoga ambition to automate the entire Pile of Development from AI, from data storage to LLM observation and not only, is a significant forward leap for builders,” she said. “We think that this integrated approach authorizes programmers to faster innovation and more trust.”
“Their modular offer and transparent prices resonated deeply with customers. The ability to send full stacks of products, including a platform that provides the most complete customer data, emphasizes the strength of their approach. At a time when developers need greater than a set of disconnected tools, Phystog provides a coherent environment improved by AI, which reduces complexity, distinguishes the speed of the product and the drive of the company.
A full stack approach
Hawkins and Glaser began working on the post during Y combinatorWinter 2020 party. The company focused on Open Source (vs. revenues) for the first one and a half years.
Today, Poshog provides what Hawkins describes as “customer infrastructure.”
“This means that every software related to the customer in one place,” he explained. “The final result is an ideal record of customer data without any needed integration. It starts from the first day of the startup, when the first line of the code is written and then we enter – with programmers. We are then above every software we will ever buy.”
Currently, Poshog, which is based in San Francisco, but fully distant, has 14 products directed mainly to the use of products and engineering to assist these teams higher understand and cooperate with clients.
As in the case of many other startups, artificial intelligence led Poshog began to automate these products with a recent platform, which is generally available as open beta: max. AI.
Hawkins refused to reveal the hard data of revenues, saying that Poshog has “many millions of ARR and an increase 3 times a year.” He claims that the company records a growth rate in time. Users include Y Combinator, 1PasswordIN Mistrial AIIN Airbus AND Eleven laboratoriesamong others.
Although Poshog is not profitable, Hawkins said that the company was positive each in money each at the end of last 12 months and in recent months. At the end of 2024 he had about 80 employees.
His goal is one day “sending a whole stack of tools that relate to sales, support or marketing – basically everything that concerns customer data. … Then we automate it all from AI,” he said.
Stripe as an investor
Stripe is one of the most precious private corporations in the world and considered the most precious private company FinTech. In February he announced tender offer in which investors would buy shares from previous and current employees with a valuation of $ 91.5 billion.
Since its inception in 2010, Stripe has invested In dozens of corporations for Crunchbase data. In addition to posthog, in 2025. participated In the startup of expenditure management RampIn March 2025, USD 150 million secondary shares.
It also has acquired According to Crunchbase, at least 17 corporations. On June 11, Stripe announced Lifting Cryptographic portfolio supplier Initiate4-year startup he had collected over $ 40 million of financing.